11983 SW 270th St
Homestead, FL 33032 · single_family · For Sale · 113 days on market
Asking price$560,000
3 beds 3 baths 2,214 sqft
Listed by Felipe Carmona · Carmona Realty Group, Llc
Typesingle_family
Built1989
Price / sqft$253
Est. value (own analysis)$790,553
Rent estimate (own analysis)$2,875/mo
HOA$160/mo
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-12
Removed date—
MLSMiamiMLS #A12017488
Coordinates25.51673, -80.38530
Address11983 SW 270th St
CityHomestead
StateFL
Zip33032
Listing ID6008390853
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33032)
Typical home value (ZHVI)$453,873
Typical rent (ZORI)$2,663/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 | $560,000 |
| Down payment (20.0%) | $112,000 |
| Loan amount | $448,000 |
| Closing costs (5.0%) | $28,000 |
| Total cash to close | $140,000 |
| Income | |
| Rent (comp-derived) | $2,875$34,500 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,645$31,740 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $887$10,640 |
| Insurance (est. scaled by flood & wind risk) | $821$9,856 |
| HOA dues | $160$1,920 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $144$1,725 |
| Total operating expenses | $2,012$24,141 |
| 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) | $144$1,725 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 1 | 2,100 | $3,500 | 2026-08-24 | — | |
| single_family | 3 | 3 | 1,879 | $2,695 | — | — | |
| single_family | 3 | 3 | 1,676 | $2,320 | 2026-08-04 | — | |
| single_family | 3 | 2 | 1,650 | $2,995 | — | — | |
| single_family | 3 | 3 | 1,612 | $2,600 | 2026-08-28 | — | |
| single_family | 3 | 2 | 1,458 | $2,600 | 2026-08-20 | — | |
| single_family | 3 | 1 | 1,685 | $3,300 | 2026-08-18 | — | |
| single_family | 3 | 2 | 2,073 | $2,700 | 2026-04-22 | — | |
| single_family | 3 | 3 | 2,421 | $3,450 | 2026-06-26 | — | |
| single_family | 3 | 2 | 1,444 | $3,200 | 2026-08-08 | — | |
| single_family | 3 | 3 | 1,827 | $2,750 | 2026-07-10 | — | |
| single_family | 3 | 3 | 1,530 | $2,800 | — | — | |
| single_family | 3 | 3 | 1,612 | $2,500 | — | — | |
| single_family | 3 | 3 | 1,514 | $3,050 | — | — | |
| single_family | 3 | 3 | 1,600 | $2,650 | — | — | |
| single_family | 3 | 3 | 1,514 | $2,850 | — | — | |
| single_family | 3 | 3 | 1,500 | $2,650 | — | — | |
| single_family | 3 | 3 | 1,668 | $2,538 | — | — | |
| single_family | 3 | 2 | 1,444 | $3,200 | — | — | |
| single_family | 3 | 3 | 1,695 | $3,000 | — | — | |
| single_family | 3 | 3 | 1,695 | $2,790 | — | — | |
| single_family | 3 | 3 | 1,530 | $2,900 | — | — | |
| single_family | 3 | 3 | 1,580 | $2,900 | — | — | |
| single_family | 3 | 3 | 1,483 | $2,700 | — | — | |
| single_family | 3 | 3 | 1,548 | $2,700 | — | — | |
| single_family | 3 | 3 | 1,772 | $3,100 | — | — | |
| single_family | 3 | 3 | 2,040 | $3,400 | — | — | |
| single_family | 3 | 3 | 1,656 | $3,100 | — | — | |
| single_family | 3 | 3 | 1,649 | $3,500 | — | — | |
| single_family | 3 | 3 | 1,772 | $2,990 | 2026-08-19 | — | |
| single_family | 3 | 3 | 1,697 | $2,900 | 2026-08-19 | — | |
| single_family | 3 | 3 | 1,524 | $2,600 | 2026-07-01 | — | |
| single_family | 3 | 2 | 1,724 | $3,425 | 2026-08-29 | — | |
| single_family | 3 | 2 | 1,557 | $2,650 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 24911 SW 112th Pl | single_family | 3 | 3 | 1,326 | $378,000 | 2026-08-21 |
| 13041 SW 260th Ter | single_family | 3 | 2 | 1,275 | $480,000 | 2026-08-18 |
| 12961 SW 268th St | single_family | 3 | 2 | 1,422 | $575,000 | 2026-08-13 |
| 15280 SW 271st St | single_family | 3 | 2 | 1,274 | $660,000 | 2026-08-11 |
| 27728 SW 132nd Ct | single_family | 3 | 2 | 1,288 | $519,000 | 2026-08-07 |
| 24930 SW 129th Ct | single_family | 3 | 2 | 1,383 | $520,000 | 2026-08-04 |
| 13205 SW 256th St | single_family | 3 | 2 | 1,230 | $560,000 | 2026-07-28 |
| 25216 SW 108th Ct | single_family | 3 | 3 | 1,872 | $470,000 | 2026-07-28 |
| 12860 SW 268th St | single_family | 3 | 2 | 1,740 | $570,000 | 2026-07-27 |
| 12799 SW 257th St | single_family | 3 | 2 | 1,221 | $480,000 | 2026-07-24 |
| 26220 SW 136th Pl | single_family | 3 | 2 | 1,528 | $415,000 | 2026-07-24 |
| 23723 SW 107th Ct | single_family | 3 | 2 | 1,644 | $530,000 | 2026-07-24 |
| 11938 SW 241st St | single_family | 3 | 3 | 1,726 | $600,000 | 2026-07-24 |
| 26063 SW 138th Ct | single_family | 3 | 2 | 1,152 | $330,000 | 2026-07-23 |
| 23552 SW 107th Pl | single_family | 3 | 2 | 1,790 | $547,500 | 2026-07-22 |
| 12972 SW 245th St | single_family | 3 | 1 | 1,118 | $390,000 | 2026-07-22 |
| 25180 SW 119th Ave | single_family | 3 | 2 | 1,684 | $560,000 | 2026-07-21 |
| 10958 SW 247th Ter | single_family | 3 | 3 | 1,459 | $400,000 | 2026-07-17 |
| 23813 SW 108th Ct | single_family | 3 | 2 | 1,903 | $564,000 | 2026-07-13 |
| 12742 SW 265th St | single_family | 3 | 2 | 1,390 | $490,000 | 2026-07-09 |
| 13412 SW 256th Ter | single_family | 3 | 2 | 1,298 | $550,000 | 2026-07-09 |
| 25811 SW 132nd Ave | single_family | 3 | 2 | 1,318 | $530,000 | 2026-07-02 |
| 24105 SW 124th Ave | single_family | 3 | 2 | 2,459 | $975,000 | 2026-07-02 |
| 24401 SW 123rd Ave | single_family | 3 | 2 | 1,945 | $1,000,000 | 2026-07-01 |
| 13453 SW 256th Ter | single_family | 3 | 2 | 1,343 | $550,000 | 2026-07-01 |
| 26801 SW 144th Ct | single_family | 3 | 1 | 1,015 | $455,000 | 2026-07-01 |
| 25051 SW 129th Ct | single_family | 3 | 2 | 1,786 | $286,888 | 2026-06-30 |
| 12381 SW 264th St | single_family | 3 | 2 | 1,334 | $450,000 | 2026-06-30 |
| 12854 SW 263rd Ter | single_family | 3 | 2 | 1,100 | $380,000 | 2026-06-26 |
| 26215 SW 130th Ct | single_family | 3 | 2 | 1,917 | $565,000 | 2026-06-26 |
| 13050 SW 261st Ter | single_family | 3 | 3 | 1,289 | $470,000 | 2026-06-24 |
| 11324 SW 246th Ter | single_family | 3 | 2 | 1,554 | $530,000 | 2026-06-18 |
| 25341 SW 129th Ct Unit 917 | single_family | 3 | 2 | 952 | $70,000 | 2026-06-18 |
| 11837 SW 273rd Ln | single_family | 3 | 2 | 1,459 | $530,000 | 2026-06-15 |
| 13201 SW 276th Ter | single_family | 3 | 2 | 1,120 | $520,000 | 2026-06-15 |
| 24923 SW 127th Pl | single_family | 3 | 2 | 1,197 | $498,000 | 2026-06-12 |
| 13224 SW 253rd Ter | single_family | 3 | 2 | 1,294 | $505,000 | 2026-06-12 |
| 11557 SW 235th St | single_family | 3 | 3 | 2,573 | $570,000 | 2026-06-10 |
| 11866 SW 253rd Ter | single_family | 3 | 2 | 1,684 | $560,000 | 2026-06-05 |
| 13471 SW 278th Ter | single_family | 3 | 2 | 1,438 | $520,000 | 2026-06-05 |
| 11800 SW 272nd Ter | single_family | 3 | 2 | 1,900 | $516,000 | 2026-06-04 |
| 12800 SW 259th St | single_family | 3 | 2 | 1,221 | $500,000 | 2026-06-02 |
| 12848 SW 242nd St | single_family | 3 | 3 | 1,648 | $480,000 | 2026-05-29 |
| 26682 SW 125th Ct | single_family | 3 | 2 | 1,325 | $375,000 | 2026-05-26 |
| 10902 SW 232nd Ter | single_family | 3 | 3 | 1,705 | $445,000 | 2026-05-21 |
| 27607 SW 133rd Pl | single_family | 3 | 2 | 1,570 | $605,000 | 2026-05-21 |
| 27100 SW 144th Ave | single_family | 3 | 1 | 1,281 | $470,000 | 2026-05-18 |
| 13246 SW 276th Ln | single_family | 3 | 2 | 1,157 | $450,000 | 2026-05-15 |
| 12311 SW 264th St | single_family | 3 | 2 | 1,476 | $535,000 | 2026-05-14 |
| 12055 SW 240th St | single_family | 3 | 2 | 1,462 | $1,200,000 | 2026-05-13 |
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 |
|---|---|---|---|---|---|---|
| 15791 SW 276 Ter | townhomes | 3 | 3 | 1,381 | $464,990 | — |
| 12400 SW 248th St Unit 5 | single_family | 3 | 3 | 1,367 | $429,990 | — |
| 12400 SW 248th St Unit 4 | single_family | 3 | 3 | 1,416 | $439,990 | — |
| SW 280th St & 157th Ave | single_family | 3 | 2 | 1,599 | $429,990 | — |
| SW 124th Ave & SW 248th St | townhomes | 3 | 3 | 1,333 | $439,990 | — |
| SW 280th St & 157th Ave | single_family | 3 | 2 | 1,416 | $394,990 | — |
| 15643 SW 280th St Unit 2 | single_family | 3 | 3 | 1,599 | $429,990 | — |
| SW 124th Ave & SW 248th St | townhomes | 3 | 3 | 1,333 | $439,990 | — |
10-year hold projection
IRR-3.7%
Equity multiple0.39x
Total return (10yr)-$12,115
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $576,800 | $7,599 | -$28,674 | $443,143 | $133,657 |
| 2 | $594,104 | $7,948 | -$28,368 | $437,952 | $156,152 |
| 3 | $611,927 | $8,310 | -$28,050 | $432,404 | $179,523 |
| 4 | $630,285 | $8,686 | -$27,719 | $426,476 | $203,809 |
| 5 | $649,193 | $9,077 | -$27,375 | $420,141 | $229,053 |
| 6 | $668,669 | $9,482 | -$27,017 | $413,370 | $255,299 |
| 7 | $688,729 | $9,903 | -$26,645 | $406,135 | $282,595 |
| 8 | $709,391 | $10,340 | -$26,258 | $398,403 | $310,989 |
| 9 | $730,673 | $10,794 | -$25,856 | $390,139 | $340,534 |
| 10 | $752,593 | $11,265 | -$25,437 | $381,309 | $371,285 |
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.