28012 SW 140th Ct
Homestead, FL 33033 · townhomes · For Sale · 19 days on market
Asking price$289,900
3 beds 2 baths 1,200 sqft
Listed by IRMA GARCIA · Xcellence Realty
Typetownhomes
Built1985
Price / sqft$242
Est. value (Realtor.com)$289,298
Rent estimate (own analysis)$2,400/mo
HOA$170/mo
Wind10/10Extreme$Heat10/10ExtremeFlood9/10extreme$Air2/10MinorWildfire2/10Minor
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Statusfor_sale
Listed date2026-08-14
Removed date—
MLSMiamiMLS #A12071524
Coordinates25.50629, -80.41952
Address28012 SW 140th Ct
CityHomestead
StateFL
Zip33033
Listing ID6162410994
Sourceus-real-estate-listings, cached 2026-08-28
Listing description
Great Investment Opportunity - Corner Unit! Spacious 3-bedroom, 2-bath corner unit, perfect for investors or future owner-occupants. The property is currently occupied by a long-term Section 8 tenant paying $2,900 per month, providing immediate rental income from day one. Features include a private patio/terrace, two assigned parking spaces, and a low HOA fee, making this an attractive investment with strong income potential. Located in a quiet, well-connected community close to shopping, schools, public transportation, and major roadways. Invest today and put your money to work immediately! Please do not disturb the tenant. All showings must be scheduled in advance and will be conducted by the listing agent
Property information
Homeowners Association
- Association: Yes
- Association Fee: 170
- Association Fee Frequency: Monthly
- Association Fee Includes: CommonAreas
- Calculated Total Monthly Association Fees: 170
- Pets Allowed: CatsOk, DogsOk, Yes
- Cats Allowed: Yes
- Dogs Allowed: Yes
- Senior Community: No
Rental Info
- Lease Considered: No
Other Property Info
- Annual Tax Amount: 5710
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2025
- Restrictions: CorporateBuyerOk, LimitedNumberVehicles, NoRestrictions
- Source Property Type: Residential
- Area: 79
- Property Subtype: townhouse
- Source Neighborhood: WATERSIDE TOWNHOMES SEC 1
- Parcel Number: 30-79-03-016-0460
- Postal City: Homestead
- Postal Code Plus 4: 1831
- Public Survey Range: 79
- Public Survey Section: 3
- Public Survey Township: 30
- Subdivision: WATERSIDE TOWNHOMES SEC 1
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 1200
- Year Built: 1985
- Building Area Total: 1216
- Construction Materials: Block
- Entry Level: 1
- Entry Location: 1
- Property Age: 41
- Property Attached: Yes
- Building Total Stories: 1
Property features
Interior Features
- BedroomOnMainLevel
- FirstFloorEntry
- Flooring: CeramicTile
Appliances
- Dryer
- Refrigerator
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central
- Heating: Yes
Exterior and Lot Features
- Fence
Garage and Parking
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: TwoOrMoreSpaces
School Information
- Elementary School: Mandarin Lakes K-8 Academy
- High School: Homestead
- Middle School: Redland
Condo Info
- Unit Location: Corner Unit
Annual property tax
| Year | Assessed value | Tax paid |
|---|---|---|
| 2025 | $247,200 | $4,887 |
| 2024 | $247,200 | $3,802 |
| 2023 | $133,672 | $3,438 |
| 2022 | $121,520 | $2,807 |
| 2021 | $110,473 | $2,467 |
| 2020 | $100,430 | $2,289 |
| 2019 | $91,300 | $2,162 |
| 2018 | $83,000 | $1,896 |
| 2017 | $70,400 | $1,696 |
| 2016 | $51,533 | $1,452 |
| 2015 | $46,849 | $1,326 |
| 2014 | $42,590 | $1,233 |
| 2013 | $21,538 | $902 |
| 2012 | $19,580 | $801 |
| 2011 | $24,470 | $896 |
| 2010 | $24,470 | $939 |
| 2009 | $69,910 | $1,759 |
| 2008 | $116,739 | $2,612 |
| 2007 | $129,689 | $2,847 |
Real multi-year tax history from US Real Estate Listings.
Listings history
Each provider's latest estimate
| Valuation provider | As of | Estimate |
|---|---|---|
| Cotality™ | 2026-08-10 | $296,800 |
| Quantarium | 2026-08-26 | $289,298 |
| Collateral Analytics | 2026-08-13 | $280,000 |
Independent automated valuation models, none of them Realtor.com's own. They disagree — that spread is why the chart draws a band rather than one line.
| Date | Event | Price |
|---|---|---|
| 2026-08-18 | Price Changed | $289,900 |
| 2026-08-14 | Listed | $269,900 |
| 2024-10-17 | Sold | $260,000 |
| 2017-01-26 | Sold | $90,000 |
| 2017-01-04 | Listed | $97,900 |
| 2016-12-30 | Sold | $160,000 |
| 2016-12-09 | Price Changed | $97,900 |
| 2016-11-09 | Listed | $108,000 |
| 2001-11-29 | Sold | $61,000 |
| 1986-06-01 | Sold | $55,500 |
Real listing/price/sale history from US Real Estate Listings.
Permits history
| project_name | permit_type_of_work | permit_project_type_1 | permit_project_type_2 | permit_project_type_3 | permit_effective_date | permit_status |
|---|---|---|---|---|---|---|
| — | Electrical | Electrical work | — | — | Oct 31, 2017 | Issued |
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 | $289,900 |
| Down payment (20.0%) | $57,980 |
| Loan amount | $231,920 |
| Closing costs (5.0%) | $14,495 |
| Total cash to close | $72,475 |
| Income | |
| Rent (comp-derived) | $2,400$28,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,208$26,496 |
| Operating expenses | |
| Property tax (real billed amount, county tax history) | $407$4,887 |
| Insurance (est. scaled by flood & wind risk) | $425$5,102 |
| HOA dues | $170$2,040 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $120$1,440 |
| Total operating expenses | $1,122$13,469 |
| 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) | $120$1,440 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,334 | $2,350 | 2025-11-19 | — | |
| townhomes | 3 | 3 | 1,489 | $2,800 | 2023-09-01 | — | |
| townhomes | 3 | 3 | 1,169 | $2,200 | 2026-04-01 | — | |
| townhomes | 3 | 3 | 1,234 | $2,000 | 2026-07-31 | — | |
| townhomes | 3 | 3 | 1,325 | $2,300 | 2026-08-19 | — | |
| townhomes | 3 | 3 | 1,325 | $1,975 | 2026-07-07 | — | |
| townhomes | 3 | 3 | 1,584 | $2,250 | 2026-05-15 | — | |
| townhomes | 3 | 3 | 1,584 | $2,250 | 2026-02-08 | — | |
| townhomes | 3 | 3 | 1,564 | $2,300 | 2026-06-17 | — | |
| townhomes | 3 | 2 | 1,379 | $2,200 | 2026-05-04 | — | |
| townhomes | 3 | 3 | 1,393 | $2,300 | 2026-07-17 | — | |
| townhomes | 3 | 3 | 1,234 | $2,250 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,393 | $2,400 | 2026-08-27 | — | |
| townhomes | 3 | 3 | 1,331 | $2,600 | 2026-06-03 | — | |
| townhomes | 3 | 3 | 1,328 | $2,450 | 2026-08-21 | — | |
| townhomes | 3 | 3 | 1,612 | $2,300 | 2026-07-08 | — | |
| townhomes | 3 | 3 | 1,428 | $2,200 | 2026-07-31 | — | |
| townhomes | 3 | 3 | 1,234 | $2,150 | 2026-08-27 | — | |
| townhomes | 3 | 3 | 1,428 | $2,000 | 2026-06-01 | — | |
| townhomes | 3 | 2 | 1,194 | $2,050 | 2026-08-21 | — | |
| townhomes | 3 | 3 | 1,512 | $2,450 | 2026-06-18 | — | |
| townhomes | 3 | 2 | 1,160 | $2,200 | 2026-07-31 | — | |
| townhomes | 3 | 2 | 1,200 | $2,600 | 2026-08-26 | — | |
| townhomes | 3 | 3 | 1,590 | $2,500 | 2026-08-11 | — | |
| townhomes | 3 | 3 | 1,379 | $2,300 | 2026-07-15 | — | |
| townhomes | 3 | 3 | 1,328 | $2,400 | 2026-05-22 | — | |
| townhomes | 3 | 3 | 1,432 | $2,500 | 2026-07-30 | — | |
| townhomes | 3 | 3 | 1,456 | $2,495 | 2026-05-26 | — | |
| townhomes | 3 | 3 | 1,379 | $2,100 | 2026-06-16 | — | |
| townhomes | 3 | 3 | 1,169 | $2,380 | 2026-03-31 | — | |
| townhomes | 3 | 3 | 1,509 | $2,300 | 2026-05-26 | — | |
| townhomes | 3 | 3 | 1,402 | $2,500 | 2026-08-13 | — | |
| townhomes | 3 | 3 | 1,169 | $2,300 | 2026-08-19 | — | |
| townhomes | 3 | 3 | 1,545 | $2,300 | 2026-04-06 | — | |
| townhomes | 3 | 3 | 1,442 | $2,500 | 2026-07-20 | — | |
| townhomes | 3 | 2 | 1,151 | $2,400 | 2026-07-31 | — | |
| townhomes | 3 | 3 | 1,402 | $2,600 | 2026-07-03 | — | |
| townhomes | 3 | 3 | 1,328 | $2,400 | 2026-07-07 | — | |
| townhomes | 3 | 3 | 1,423 | $2,500 | 2026-08-21 | — | |
| townhomes | 3 | 3 | 1,565 | $2,590 | 2026-08-24 | — | |
| townhomes | 3 | 3 | 1,428 | $2,500 | 2026-04-28 | — | |
| townhomes | 3 | 3 | 1,328 | $2,950 | 2026-07-30 | — | |
| townhomes | 3 | 3 | 1,507 | $2,600 | 2026-07-29 | — | |
| townhomes | 3 | 3 | 1,483 | $2,300 | 2026-07-30 | — | |
| townhomes | 3 | 2 | 1,169 | $2,200 | 2026-07-14 | — | |
| townhomes | 3 | 3 | 1,328 | $2,450 | 2026-08-12 | — | |
| townhomes | 3 | 2 | 1,380 | $2,800 | 2026-06-02 | — | |
| townhomes | 3 | 2 | 1,427 | $2,550 | 2026-06-19 | — | |
| townhomes | 3 | 2 | 1,358 | $2,500 | 2026-02-22 | — | |
| townhomes | 3 | 2 | 1,140 | $2,200 | 2026-08-13 | — | |
| townhomes | 3 | 2 | 964 | $2,700 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,325 | $2,300 | 2026-04-02 | — | |
| townhomes | 3 | 2 | 1,140 | $2,400 | 2026-07-28 | — | |
| townhomes | 3 | 3 | 1,523 | $2,400 | 2026-07-20 | — | |
| townhomes | 3 | 3 | 1,612 | $2,500 | 2026-07-24 | — | |
| townhomes | 3 | 3 | 1,612 | $3,300 | 2026-07-22 | — | |
| townhomes | 3 | 2 | 1,140 | $2,800 | 2026-02-04 | — | |
| townhomes | 3 | 3 | 1,483 | $3,300 | 2026-05-18 | — | |
| townhomes | 3 | 3 | 1,550 | $2,800 | 2024-10-16 | — | |
| townhomes | 3 | 3 | 1,565 | $3,500 | 2026-08-16 | — | |
| townhomes | 3 | 3 | 1,365 | $1,950 | — | — | |
| townhomes | 3 | 2 | 1,169 | $2,150 | 2026-06-02 | — | |
| townhomes | 3 | 2 | 1,169 | $2,000 | 2026-08-19 | — |
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 |
|---|---|---|---|---|---|---|
| 13408 SW 287th St | townhomes | 3 | 3 | 1,695 | $387,000 | 2026-08-28 |
| 13401 SW 287th St Unit 13401 | townhomes | 3 | 3 | 1,695 | $399,000 | 2026-08-21 |
| 500 SE 32nd Ave | townhomes | 3 | 3 | 1,432 | $350,000 | 2026-08-17 |
| 4289 NE 10th Ct | townhomes | 3 | 3 | 1,428 | $320,000 | 2026-08-07 |
| 3728 NE 3rd Ct | townhomes | 3 | 2 | 1,628 | $388,000 | 2026-07-31 |
| 215 SE 37th Pl | townhomes | 3 | 3 | 1,452 | $349,999 | 2026-07-31 |
| 13929 SW 282nd St | townhomes | 3 | 2 | 1,160 | $301,000 | 2026-07-27 |
| 1655 NE 33rd Rd Unit 102-4 | townhomes | 3 | 3 | 1,379 | $290,000 | 2026-07-24 |
| 990 NE 42nd Pl | townhomes | 3 | 2 | 1,298 | $305,000 | 2026-07-21 |
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
IRR4.7%
Equity multiple1.75x
Total return (10yr)$92,093
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $298,597 | $13,027 | -$6,298 | $229,405 | $69,192 |
| 2 | $307,555 | $13,485 | -$5,876 | $226,718 | $80,837 |
| 3 | $316,782 | $13,958 | -$5,439 | $223,847 | $92,935 |
| 4 | $326,285 | $14,448 | -$4,987 | $220,778 | $105,507 |
| 5 | $336,074 | $14,954 | -$4,520 | $217,498 | $118,576 |
| 6 | $346,156 | $15,477 | -$4,037 | $213,993 | $132,163 |
| 7 | $356,540 | $16,017 | -$3,537 | $210,247 | $146,293 |
| 8 | $367,237 | $16,576 | -$3,020 | $206,245 | $160,992 |
| 9 | $378,254 | $17,153 | -$2,486 | $201,967 | $176,287 |
| 10 | $389,601 | $17,750 | -$1,933 | $197,396 | $192,206 |
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.