14923 SW 302nd Ter
Homestead, FL 33033 · multi_family · Pending — under contract · 411 days on market
Asking price$699,999
6 beds 4 baths 2,230 sqft
Suggested offer$436,367$263,632 above the est. market value of $436,367.
View on Realtor.com →Listed by Jacqueline Diaz · Realty World Prestige Properties Intl.
Typemulti_family
Built1970
Price / sqft$314
Est. value (Zillow ZIP avg)$436,367
Rent estimate (building total, own analysis)$3,976/mo
HOANone
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Statusfor_sale
Listed date2025-07-18
Removed date—
MLSMiamiMLS #A11837142
Coordinates25.48659, -80.43323
Address14923 SW 302nd Ter
CityHomestead
StateFL
Zip33033
Listing ID6305624011
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 | $699,999 |
| Down payment (20.0%) | $140,000 |
| Loan amount | $559,999 |
| Closing costs (5.0%) | $35,000 |
| Total cash to close | $175,000 |
| Income | |
| Rent (estimate) | $3,976$47,718 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,658$43,900 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,108$13,300 |
| Insurance (placeholder 0.8% of price) | $467$5,600 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $199$2,386 |
| Total operating expenses | $1,774$21,286 |
| 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) | $199$2,386 |
| 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.
No active rental listings cached yet for this bedroom count.
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.
No recent recorded sales cached yet for this ZIP.
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 |
|---|---|---|---|---|---|---|
| 4190 NE 20th St | single_family | 6 | 4 | 2,980 | $600,000 | — |
| 3964 NE 15th St | single_family | 6 | 3 | 3,222 | $724,900 | — |
| 2190 SE 2nd St | single_family | 6 | 4 | 3,040 | $600,000 | — |
| 12921 SW 281st St | single_family | 6 | 4 | 3,040 | $730,000 | — |
10-year hold projection
IRR1.4%
Equity multiple1.22x
Total return (10yr)$130,323
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $720,999 | $22,614 | -$22,956 | $553,928 | $167,071 |
| 2 | $742,629 | $23,399 | -$22,231 | $547,439 | $195,190 |
| 3 | $764,908 | $24,210 | -$21,481 | $540,505 | $224,403 |
| 4 | $787,855 | $25,048 | -$20,706 | $533,094 | $254,761 |
| 5 | $811,491 | $25,914 | -$19,904 | $525,175 | $286,316 |
| 6 | $835,835 | $26,809 | -$19,075 | $516,712 | $319,124 |
| 7 | $860,910 | $27,734 | -$18,217 | $507,668 | $353,243 |
| 8 | $886,738 | $28,689 | -$17,331 | $498,002 | $388,736 |
| 9 | $913,340 | $29,677 | -$16,415 | $487,673 | $425,667 |
| 10 | $940,740 | $30,697 | -$15,468 | $476,635 | $464,105 |
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.