125 SE 36th Pl

Homestead, FL 33033 · single_family · For Sale · 8 days on market
Asking price$675,000
5 beds 4 baths 3,196 sqft
View on Realtor.com →
Listed by Jaime Bonilla · RE/MAX Advance Realty II
Typesingle_family
Built2013
Price / sqft$211
Est. value (own analysis)$703,965
Rent estimate (own analysis)$3,970/mo
HOA$226/mo
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-26
Removed date
MLSMiamiMLS #A12077836
Coordinates25.46950, -80.42188
Address125 SE 36th Pl
CityHomestead
StateFL
Zip33033
Listing ID5809916385
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33033)

Typical home value (ZHVI)$436,367
Typical rent (ZORI)$2,539/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$675,000
Down payment (20.0%)$135,000
Loan amount$540,000
Closing costs (5.0%)$33,750
Total cash to close$168,750
Rent (comp-derived)$3,970$47,634
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$47,634
Vacancy rate (assumption) assumption8.0%

$47,634 × 8.0% = $3,811

Effective gross income$3,652$43,823
Property tax (placeholder 1.9% of price)$1,069$12,825
Insurance (placeholder 0.8% of price)$450$5,400
HOA dues$226$2,712
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$198$2,382
Total operating expenses$1,943$23,319
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$43,823
Total operating expenses derived$23,319

$43,823 − $23,319 = $20,505

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$540,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$540,000 amortized at 6.7% over 30 years = $3,470/mo

CapEx reserve (5.0% of GSR)$198$2,382
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$20,505
Annual debt service derived$41,642
Annual CapEx reserve assumption$2,382
Annual PMI assumption$0

($20,505 − $41,642 − $2,382 − $0) ÷ 12 = -$1,960

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,505
Purchase price data$675,000

$20,505 ÷ $675,000 = 3.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$23,519
Total cash to close derived$168,750

-$23,519 ÷ $168,750 = -13.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,505
Annual debt service derived$41,642

$20,505 ÷ $41,642 = 0.49

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$47,634
Purchase price data$675,000

($47,634 ÷ 12) ÷ $675,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$675,000
Gross scheduled rent (annual) comp$47,634

$675,000 ÷ $47,634 = 14.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,319
Effective gross income derived$43,823

$23,319 ÷ $43,823 = 53.2%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$23,319
Annual debt service derived$41,642
Annual PMI assumption$0
Gross scheduled rent (annual) comp$47,634

($23,319 + $41,642 + $0) ÷ $47,634 = 136.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,258$2,9002026-07-08
single_family543,196$5,0002026-08-27
single_family532,170$3,1002026-08-09
single_family533,129$5,0002026-08-22
single_family542,267$3,7502026-07-21
single_family533,218$4,9752026-08-24
single_family532,693$3,6002026-07-14
single_family542,878$5,0002026-08-25
single_family543,196$3,9902026-08-23
single_family532,170$3,9492026-06-10
single_family532,504$3,900
single_family532,916$4,0002026-04-08
single_family532,894$3,7002026-06-10
single_family532,894$3,8502026-07-07
single_family532,916$4,000
single_family532,894$3,700
single_family533,080$4,500
single_family532,894$4,0002026-07-01

3432 NE 3rd Dr

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,258
Listed2026-07-08
Days on market

Asking rent: $2,900

View on Zillow →

221 SE 35th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,196
Listed2026-08-27
Days on market

Asking rent: $5,000

View on Zillow →

350 NE 31st Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,170
Listed2026-08-09
Days on market

Asking rent: $3,100

View on Zillow →

1934 NE 3rd Ct

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,129
Listed2026-08-22
Days on market

Asking rent: $5,000

View on Zillow →

3616 SE 2nd Dr

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,267
Listed2026-07-21
Days on market

Asking rent: $3,750

View on Zillow →

2105 NE 38th Rd

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,218
Listed2026-08-24
Days on market

Asking rent: $4,975

View on Zillow →

3641 NE 4th St

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,693
Listed2026-07-14
Days on market

Asking rent: $3,600

View on Zillow →

113 NE 17th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage2,878
Listed2026-08-25
Days on market

Asking rent: $5,000

View on Zillow →

191 SE 35th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 4 ba
Square footage3,196
Listed2026-08-23
Days on market

Asking rent: $3,990

View on Zillow →

363 NE 35th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,170
Listed2026-06-10
Days on market

Asking rent: $3,949

View on Zillow →

2502 NE 1st St # 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,504
Listed
Days on market

Asking rent: $3,900

View on Zillow →

422 SE 34th Ter Unit 422

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,916
Listed2026-04-08
Days on market

Asking rent: $4,000

View on Zillow →

2434 NE 1st St Unit 2434

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,894
Listed2026-06-10
Days on market

Asking rent: $3,700

View on Zillow →

116 NE 25th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,894
Listed2026-07-07
Days on market

Asking rent: $3,850

View on Zillow →

422 SE 34th Ter # 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,916
Listed
Days on market

Asking rent: $4,000

View on Zillow →

2434 NE 1st St # 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,894
Listed
Days on market

Asking rent: $3,700

View on Zillow →

2256 SE 2nd St

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage3,080
Listed
Days on market

Asking rent: $4,500

View on Zillow →

24344 NE 1st St

Homestead, 33033 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,894
Listed2026-07-01
Days on market

Asking rent: $4,000

View on Zillow →

Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.

AddressTypeBedsBathsLiving sqftSale priceSale date
159 NE 17th Avesingle_family532,645$664,0002026-08-24
216 NE 36th Tersingle_family542,379$520,0002026-08-21
633 SE 35th Tersingle_family543,196$640,0002026-08-19
175 NE 26th Avesingle_family532,550$660,0002026-08-19
29100 Alabama Rdsingle_family531,660$545,0002026-08-15
589 SE 34th Tersingle_family532,492$530,0002026-08-10
4113 NE 22nd Lnsingle_family532,494$538,5002026-08-04
144 NE 32nd Tersingle_family533,276$630,0002026-07-27
133 NE 23rd Tersingle_family522,504$495,0002026-07-21
15260 SW 308th Stsingle_family531,477$545,0002026-07-15
1884 NE 1st Stsingle_family532,583$634,9002026-07-14
1147 NE 37th Plsingle_family532,726$620,0002026-07-13
13383 SW 285th Stsingle_family533,252$670,0002026-07-01
1517 NE 2nd Ctsingle_family53$637,0002026-06-30
126 NE 27th Tersingle_family521,952$585,0002026-06-29
29925 SW 149th Ctsingle_family532,604$515,0002026-06-29
347 NE 34th Tersingle_family532,170$475,0002026-06-26
3951 NE 13th Drsingle_family532,065$498,0002026-06-26
30365 SW 152nd Ctsingle_family532,656$620,0002026-06-25
1633 NE 2nd Ctsingle_family542,878$685,0002026-06-22
627 SE 34th Avesingle_family522,492$495,0002026-06-10
1636 SE 7th Ctsingle_family532,499$621,0002026-05-29
1661 NE 2nd Ctsingle_family532,645$635,0002026-05-29
177 NE 17th Avesingle_family542,878$671,0002026-05-28
1679 NE 2nd Ctsingle_family542,878$672,0002026-05-28
3455 NE 1st Stsingle_family532,835$620,0002026-05-27
15042 SW 297th Tersingle_family522,270$500,0002026-05-27
148 NE 24th Avesingle_family522,504$515,0002026-05-27
2872 NE 1st Drsingle_family532,536$525,0002026-05-18
415 SE 34th Tersingle_family532,916$599,0002026-05-11

Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.

AddressTypeBedsBathsSqftAsking priceDays on market
3449 NE 2nd Stsingle_family532,514$389,000
3477 SE 3rd Stsingle_family543,196$547,500
28565 SW 158th Ctsingle_family532,832$899,000
1361 NE 42nd Avesingle_family532,753$480,000
3424 NE 1st Stsingle_family532,835$628,900
16040 SW 283rd Stsingle_family532,963$665,000
4120 NE 22nd Ctsingle_family532,024$490,000
139 NE 26th Avesingle_family532,550$619,500

10-year hold projection

IRR0.8%
Equity multiple1.13x
Total return (10yr)$110,562
YearProperty valueNOICash flowLoan balanceEquity
1$695,250$20,505-$23,519$534,145$161,105
2$716,108$21,236-$22,847$527,888$188,219
3$737,591$21,993-$22,152$521,202$216,389
4$759,718$22,775-$21,432$514,056$245,663
5$782,510$23,584-$20,687$506,419$276,091
6$805,985$24,420-$19,917$498,259$307,727
7$830,165$25,285-$19,120$489,537$340,628
8$855,070$26,179-$18,295$480,217$374,853
9$880,722$27,102-$17,442$470,257$410,465
10$907,144$28,058-$16,559$459,613$447,531
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.