1720 NE 33rd Ave Unit 102-5
Homestead, FL 33033 · condos · For Sale · 77 days on market
Asking price$269,900
3 beds 3 baths 1,379 sqft
Listed by Charbel Abud · Charleemax Realtors
Typecondos
Built2006
Price / sqft$196
Est. value (own analysis)$304,881
Rent estimate (own analysis)$2,000/mo
HOA$79/mo
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Statusfor_sale
Listed date2026-06-18
Removed date—
MLSMiamiMLS #A12039168
Coordinates25.48610, -80.42490
Address1720 NE 33rd Ave Unit 102-5
CityHomestead
StateFL
Zip33033
Listing ID5909942579
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $269,900 |
| Down payment (20.0%) | $53,980 |
| Loan amount | $215,920 |
| Closing costs (5.0%) | $13,495 |
| Total cash to close | $67,475 |
| Income | |
| Rent (comp-derived) | $2,000$24,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,840$22,080 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $427$5,128 |
| Insurance (placeholder 0.8% of price) | $180$2,159 |
| HOA dues | $79$948 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $100$1,200 |
| Total operating expenses | $786$9,435 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $100$1,200 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| condos | 3 | 3 | 1,379 | $1,900 | 2026-08-11 | — | |
| condos | 3 | 2 | 1,062 | $1,900 | 2026-08-12 | — | |
| condos | 3 | 2 | 1,194 | $1,900 | 2026-03-03 | — | |
| apartment | 3 | 2 | 1,196 | $2,100 | 2026-04-10 | — | |
| condos | 3 | 2 | 1,151 | $2,000 | 2026-05-08 | — | |
| condos | 3 | 2 | 1,126 | $2,000 | 2026-07-29 | — | |
| condos | 3 | 2 | 1,176 | $2,000 | 2026-06-09 | — | |
| condos | 3 | 3 | 1,379 | $2,000 | 2026-08-11 | — | |
| condos | 3 | 2 | 1,151 | $2,250 | 2026-08-30 | — | |
| condos | 3 | 2 | 1,176 | $2,350 | 2026-08-24 | — | |
| condos | 3 | 2 | 1,062 | $2,000 | 2026-08-09 | — | |
| condos | 3 | 2 | 1,062 | $2,000 | 2026-08-08 | — | |
| condos | 3 | 3 | 1,428 | $2,100 | 2026-06-11 | — | |
| condos | 3 | 2 | 1,062 | $2,000 | 2026-05-28 | — | |
| condos | 3 | 2 | 1,062 | $1,900 | 2026-07-12 | — | |
| condos | 3 | 2 | 1,176 | $1,900 | 2026-07-06 | — | |
| condos | 3 | 3 | 1,169 | $2,275 | 2026-07-23 | — | |
| condos | 3 | 2 | 1,245 | $2,000 | 2026-03-18 | — | |
| condos | 3 | 3 | 1,328 | $2,500 | 2026-08-18 | — | |
| condos | 3 | 2 | 1,194 | $2,000 | 2026-07-07 | — | |
| condos | 3 | 2 | 1,194 | $2,000 | 2026-07-07 | — | |
| condos | 3 | 2 | 1,126 | $2,200 | 2026-04-08 | — | |
| condos | 3 | 2 | 1,196 | $2,150 | 2026-07-29 | — | |
| condos | 3 | 2 | 1,126 | $2,050 | 2026-06-17 | — | |
| condos | 3 | 2 | 1,126 | $2,000 | 2026-08-16 | — | |
| condos | 3 | 2 | 1,176 | $2,200 | 2026-08-04 | — | |
| condos | 3 | 2 | 1,221 | $1,950 | 2026-08-04 | — | |
| condos | 3 | 2 | 1,151 | $2,500 | 2026-07-14 | — | |
| condos | 3 | 3 | 1,328 | $2,450 | 2026-08-05 | — | |
| condos | 3 | 3 | 1,328 | $2,450 | 2026-06-02 | — | |
| condos | 3 | 2 | 1,176 | $2,500 | 2026-04-09 | — | |
| condos | 3 | 2 | 1,150 | $1,800 | 2026-08-27 | — | |
| apartment | 3 | 2 | 1,389 | $2,275 | — | — | |
| apartment | 3 | 2 | 1,389 | $2,275 | — | — | |
| apartment | 3 | 2 | 1,389 | $2,275 | — | — | |
| apartment | 3 | 2 | 1,776 | $2,000 | — | — | |
| condos | 3 | 3 | 1,169 | $2,380 | — | — | |
| condos | 3 | 2 | 1,196 | $2,000 | 2025-09-11 | — | |
| condos | 3 | 2 | 1,194 | $2,200 | 2026-08-29 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2630 NE 3rd Dr Unit 101 | condos | 3 | 2 | 1,194 | $260,000 | 2026-08-18 |
| 1575 NE 33rd Ave Unit 106-9 | condos | 3 | 2 | 1,062 | $245,000 | 2026-08-06 |
| 1485 NE 33rd Rd Unit 111-1 | condos | 3 | 3 | 1,379 | $258,500 | 2026-07-10 |
| 374 NE 27th Ave Unit 201 | condos | 3 | 2 | 1,194 | $265,000 | 2026-04-01 |
| 15400 SW 284th St Unit 1308 | condos | 3 | 2 | 1,129 | $190,000 | 2026-01-14 |
| 230 SE 29th Ave Unit 2 | condos | 3 | 3 | 1,523 | $269,000 | 2025-12-17 |
| 2933 SE 2nd St Unit 20 | condos | 3 | 2 | 1,151 | $217,630 | 2025-12-12 |
| 13936 SW 281st Ter | condo_townhome_rowhome_coop | 3 | 2 | 1,160 | $305,000 | 2025-12-12 |
| 14020 SW 281st Ter | condos | 3 | 2 | — | $285,000 | 2025-11-20 |
| 2589 NE 4th St Unit 204 | condos | 3 | 2 | 1,201 | $275,000 | 2025-11-01 |
| 2641 NE 4th St Unit 201 | condos | 3 | 2 | 1,194 | $274,000 | 2025-11-01 |
| 2615 NE 4th St Unit 106 | condos | 3 | 2 | 1,194 | $275,000 | 2025-11-01 |
| 3395 NE 9th Dr Unit 204 | condos | 3 | 2 | 1,176 | $260,000 | 2025-10-06 |
| 153 SE 28th Pl Unit 2 | condos | 3 | 3 | 1,365 | $280,000 | 2025-10-03 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 2585 SE 7th Pl | single_family | 3 | 2 | 1,548 | $385,000 | — |
| 460 SE 24th Dr | single_family | 3 | 2 | 1,519 | $399,900 | — |
| 142 SE 28th Ter Unit 11 | townhomes | 3 | 3 | 1,523 | $259,000 | — |
| 15485 Harrison Dr | single_family | 3 | 1 | 855 | $350,000 | — |
| 1073 NE 30th Ave | townhomes | 3 | 3 | 1,508 | $335,000 | — |
| townhomes | 3 | 3 | 1,169 | $268,000 | — | |
| 28393 SW 140th Pl | townhomes | 3 | 2 | 1,200 | $295,000 | — |
| 15122 SW 297th Ter | single_family | 3 | 2 | 1,292 | $450,000 | — |
10-year hold projection
IRR5.3%
Equity multiple1.85x
Total return (10yr)$92,430
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $277,997 | $12,645 | -$5,206 | $213,579 | $64,418 |
| 2 | $286,337 | $13,071 | -$4,810 | $211,077 | $75,260 |
| 3 | $294,927 | $13,512 | -$4,400 | $208,404 | $86,523 |
| 4 | $303,775 | $13,967 | -$3,976 | $205,546 | $98,229 |
| 5 | $312,888 | $14,436 | -$3,539 | $202,493 | $110,395 |
| 6 | $322,275 | $14,922 | -$3,087 | $199,230 | $123,045 |
| 7 | $331,943 | $15,423 | -$2,620 | $195,743 | $136,200 |
| 8 | $341,901 | $15,940 | -$2,137 | $192,016 | $149,885 |
| 9 | $352,158 | $16,474 | -$1,639 | $188,033 | $164,125 |
| 10 | $362,723 | $17,026 | -$1,123 | $183,777 | $178,946 |
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.