15410 SW 284th St Unit 8203

Homestead, FL 33033 · condos · For Sale · 222 days on market
Asking price$210,000
2 beds 2 baths — sqft
View on Realtor.com →
Listed by Lucas Libedinsky · Miami R.E. Investments, Llc.
Typecondos
Built2006
Price / sqft
Est. value (own analysis)$249,500
Rent estimate (own analysis)$1,900/mo
HOA$604/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-01-23
Removed date
MLSMiamiMLS #A11951438
Coordinates25.50219, -80.44141
Address15410 SW 284th St Unit 8203
CityHomestead
StateFL
Zip33033
Listing ID5938329319
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$210,000
Down payment (20.0%)$42,000
Loan amount$168,000
Closing costs (5.0%)$10,500
Total cash to close$52,500
Rent (comp-derived)$1,900$22,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$22,800
Vacancy rate (assumption) assumption8.0%

$22,800 × 8.0% = $1,824

Effective gross income$1,748$20,976
Property tax (placeholder 1.9% of price)$333$3,990
Insurance (est. scaled by flood & wind risk)$245$2,940
HOA dues$604$7,248
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$95$1,140
Total operating expenses$1,277$15,318
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$20,976
Total operating expenses derived$15,318

$20,976 − $15,318 = $5,658

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$168,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$168,000 amortized at 6.7% over 30 years = $1,080/mo

CapEx reserve (5.0% of GSR)$95$1,140
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$5,658
Annual debt service derived$12,955
Annual CapEx reserve assumption$1,140
Annual PMI assumption$0

($5,658 − $12,955 − $1,140 − $0) ÷ 12 = -$703

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$5,658
Purchase price data$210,000

$5,658 ÷ $210,000 = 2.7%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$8,437
Total cash to close derived$52,500

-$8,437 ÷ $52,500 = -16.1%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$5,658
Annual debt service derived$12,955

$5,658 ÷ $12,955 = 0.44

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$22,800
Purchase price data$210,000

($22,800 ÷ 12) ÷ $210,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$210,000
Gross scheduled rent (annual) comp$22,800

$210,000 ÷ $22,800 = 9.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$15,318
Effective gross income derived$20,976

$15,318 ÷ $20,976 = 73.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$15,318
Annual debt service derived$12,955
Annual PMI assumption$0
Gross scheduled rent (annual) comp$22,800

($15,318 + $12,955 + $0) ÷ $22,800 = 124.0%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment221,034$2,1042025-03-19
apartment21850$1,7802026-08-19
apartment22950$1,7422026-07-24
condos22910$1,8002026-05-13
apartment2116,310$1,6502026-06-04
condos21$1,8002026-08-19
condos22895$1,7002026-08-11
apartment21880$1,9952026-02-20
apartment22896$1,7302026-08-05
condos22856$1,6002026-04-09
apartment219,480$1,7002026-05-18
condos22900$1,8002026-06-11
condos221,048$1,8002026-06-04
apartment22895$1,7952026-08-24
condos221,046$2,0002026-06-19
condos22920$2,1502026-08-24
apartment2127,040$1,7002026-06-04
condos221,048$1,8502025-11-07
condos22856$1,9002026-08-17
condos231,290$2,2002026-07-03
apartment22900$1,8002026-06-26
condos22910$1,9952026-06-19
condos22910$1,8002026-07-20
condos22900$1,8002026-07-17
condos22900$1,8002026-05-01
condos211,274$1,9502026-03-18
condos22900$1,9002026-05-06
condos22895$1,9002026-08-13
condos22989$1,8002026-08-11
condos216,156$1,7502026-04-23
condos22898$1,9002026-08-11
condos22$1,9002026-06-08
condos22895$1,9502026-05-04
condos221,048$2,1752026-07-06
condos22900$1,9002026-06-17
apartment221,050$1,900
apartment221,047$1,900
apartment221,050$1,900
apartment221,050$1,900
apartment221,034$1,900
apartment221,034$1,900
apartment221,034$1,900
apartment221,050$2,017
apartment221,047$2,017
apartment221,050$2,068
apartment221,034$2,068
apartment221,034$2,291
apartment221,034$2,349
condos221,151$2,000
apartment22922$2,622
apartment22922$2,526
apartment221,030$2,756
condos22926$2,0002026-08-10
condos221,048$1,9502026-08-28
condos22910$1,7502026-04-02
condos22920$1,9502026-09-01

678 NE 35th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed2025-03-19
Days on market

Asking rent: $2,104

View on Zillow →

330 NE 18th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage850
Listed2026-08-19
Days on market

Asking rent: $1,780

View on Zillow →

28355 SW 152nd Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage950
Listed2026-07-24
Days on market

Asking rent: $1,742

View on Zillow →

930 NE 33rd Ter Unit 202

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage910
Listed2026-05-13
Days on market

Asking rent: $1,800

View on Zillow →

880 NE 18th Ave Apt 3

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage16,310
Listed2026-06-04
Days on market

Asking rent: $1,650

View on Zillow →

408 NE 18th Ave Apt 4

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage
Listed2026-08-19
Days on market

Asking rent: $1,800

View on Zillow →

15480 SW 284th St Unit 2305

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage895
Listed2026-08-11
Days on market

Asking rent: $1,700

View on Zillow →

28152 SW 153rd Ave Unit 28152

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage880
Listed2026-02-20
Days on market

Asking rent: $1,995

View on Zillow →

28250 S Dixie Hwy Apt 603

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage896
Listed2026-08-05
Days on market

Asking rent: $1,730

View on Zillow →

400 NE 18th Ave Apt 206

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage856
Listed2026-04-09
Days on market

Asking rent: $1,600

View on Zillow →

1581 NE 8th St Apt 7

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage9,480
Listed2026-05-18
Days on market

Asking rent: $1,700

View on Zillow →

15410 SW 284th St Unit 8106

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-06-11
Days on market

Asking rent: $1,800

View on Zillow →

374 NE 27th Ave Unit 203

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,048
Listed2026-06-04
Days on market

Asking rent: $1,800

View on Zillow →

15400 SW 284th St Unit 1304

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage895
Listed2026-08-24
Days on market

Asking rent: $1,795

View on Zillow →

4273 NE 10th Ct Unit 4273

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,046
Listed2026-06-19
Days on market

Asking rent: $2,000

View on Zillow →

975 NE 34th Ave Unit 103

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage920
Listed2026-08-24
Days on market

Asking rent: $2,150

View on Zillow →

900 NE 18th Ave Apt 11

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage27,040
Listed2026-06-04
Days on market

Asking rent: $1,700

View on Zillow →

2590 NE 3rd Dr Unit 203

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,048
Listed2025-11-07
Days on market

Asking rent: $1,850

View on Zillow →

400 NE 18th Ave Apt 208

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage856
Listed2026-08-17
Days on market

Asking rent: $1,900

View on Zillow →

3065 SE 1st Dr

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,290
Listed2026-07-03
Days on market

Asking rent: $2,200

View on Zillow →

15410 SW 284th St Unit 8205

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-06-26
Days on market

Asking rent: $1,800

View on Zillow →

930 NE 34th Ave Unit 202

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage910
Listed2026-06-19
Days on market

Asking rent: $1,995

View on Zillow →

3415 NE 9th Dr Unit 202

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage910
Listed2026-07-20
Days on market

Asking rent: $1,800

View on Zillow →

15410 SW 284th St Unit 8303

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-07-17
Days on market

Asking rent: $1,800

View on Zillow →

15410 SW 284th St Unit 8208

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-05-01
Days on market

Asking rent: $1,800

View on Zillow →

29420 SW 152nd Ave Unit 2

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,274
Listed2026-03-18
Days on market

Asking rent: $1,950

View on Zillow →

15410 SW 284th St Unit 8102

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-05-06
Days on market

Asking rent: $1,900

View on Zillow →

15480 SW 284th St Unit 2303

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage895
Listed2026-08-13
Days on market

Asking rent: $1,900

View on Zillow →

13252 Old Biscayne Dr Apt 802

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage989
Listed2026-08-11
Days on market

Asking rent: $1,800

View on Zillow →

1551 NE 8th St Apt 8

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage6,156
Listed2026-04-23
Days on market

Asking rent: $1,750

View on Zillow →

13240 Old Biscayne Dr Apt 1702

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage898
Listed2026-08-11
Days on market

Asking rent: $1,900

View on Zillow →

15480 SW 284th St Unit 2203

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage
Listed2026-06-08
Days on market

Asking rent: $1,900

View on Zillow →

15422 SW 284th St Unit 7306

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage895
Listed2026-05-04
Days on market

Asking rent: $1,950

View on Zillow →

2720 NE 3rd Dr Unit 102

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,048
Listed2026-07-06
Days on market

Asking rent: $2,175

View on Zillow →

15410 SW 284th St Unit 8103

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-06-17
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3375-104

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,050
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3330-107

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,047
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3395-106

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,050
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3350-104

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,050
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3375-202

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3585-205

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3350-202

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed
Days on market

Asking rent: $1,900

View on Zillow →

677 NE 35H Ave # 3350-204

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,050
Listed
Days on market

Asking rent: $2,017

View on Zillow →

677 NE 35H Ave # 3390-107

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,047
Listed
Days on market

Asking rent: $2,017

View on Zillow →

677 NE 35H Ave # 3350-105

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,050
Listed
Days on market

Asking rent: $2,068

View on Zillow →

677 NE 35H Ave # 3555-206

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed
Days on market

Asking rent: $2,068

View on Zillow →

677 NE 35H Ave # 3555-205

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed
Days on market

Asking rent: $2,291

View on Zillow →

677 NE 35H Ave # 3525-202

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,034
Listed
Days on market

Asking rent: $2,349

View on Zillow →

134 SE 28th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,151
Listed
Days on market

Asking rent: $2,000

View on Zillow →

14981 SW 283rd St # 03-108

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage922
Listed
Days on market

Asking rent: $2,622

View on Zillow →

14981 SW 283rd St # 01-308

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage922
Listed
Days on market

Asking rent: $2,526

View on Zillow →

14981 SW 283rd St # 08-304

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,030
Listed
Days on market

Asking rent: $2,756

View on Zillow →

970 NE 34th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage926
Listed2026-08-10
Days on market

Asking rent: $2,000

View on Zillow →

2728 NE 3rd Ct Unit 105

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,048
Listed2026-08-28
Days on market

Asking rent: $1,950

View on Zillow →

935 NE 33rd Ter Unit 203

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage910
Listed2026-04-02
Days on market

Asking rent: $1,750

View on Zillow →

925 NE 34th Ave Unit 103

Homestead, 33033 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage920
Listed2026-09-01
Days on market

Asking rent: $1,950

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
985 NE 33rd Ter Unit 102condos22920$230,0002026-04-27
364 NE 25th Pl Unit 103condos221,048$269,0002026-04-02
2641 NE 4th St Unit 202condos221,048$220,0002026-01-26
15422 SW 284th St Unit 7104condos22895$176,0002026-01-05
371 NE 26th Ter Unit 202condos221,048$275,0002025-11-05
371 NE 26th Ter Unit 103condos221,048$275,0002025-11-03
374 NE 26th Ave Unit 102condos221,048$275,0002025-11-01
980 NE 33rd Ter Unit 203condos22910$230,0002025-10-20

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
472 SE 22nd Drsingle_family221,057$240,000
2215 SE 7th Plsingle_family221,171$340,000
13264 Old Biscayne Dr Apt 405townhomes22898$214,500
2929 SE 2nd St Unit 7townhomes231,290$240,000
15410 SW 284th St Unit 8301condos22900$176,000
28501 SW 152nd Avemobile223,832$39,900
61 NE 13th Avesingle_family22919$220,000
230 SE 29th Ave Unit 12townhomes231,290$215,000

10-year hold projection

IRR-0.4%
Equity multiple0.93x
Total return (10yr)$23,759
YearProperty valueNOICash flowLoan balanceEquity
1$216,300$5,658-$8,437$166,179$50,121
2$222,789$5,904-$8,219$164,232$58,557
3$229,473$6,160-$7,993$162,152$67,321
4$236,357$6,425-$7,758$159,929$76,428
5$243,448$6,700-$7,513$157,553$85,895
6$250,751$6,986-$7,259$155,014$95,737
7$258,274$7,282-$6,995$152,301$105,973
8$266,022$7,590-$6,721$149,401$116,620
9$274,002$7,908-$6,436$146,303$127,700
10$282,222$8,239-$6,140$142,991$139,231
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.