3663 SE 2nd Dr

Homestead, FL 33033 · single_family · For Sale · 175 days on market
Asking price$565,000
4 beds 3 baths 2,267 sqft
View on Realtor.com →
Listed by Camilo De La Cruz Perez · Home Sold Realty LLC
Typesingle_family
Built2014
Price / sqft$249
Est. value (own analysis)$614,765
Rent estimate (own analysis)$3,500/mo
HOA$223/mo
Street view
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-03-11
Removed date
MLSBeachesMLS #F10537416
Coordinates25.46798, -80.42228
Address3663 SE 2nd Dr
CityHomestead
StateFL
Zip33033
Listing ID6648572480
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$565,000
Down payment (20.0%)$113,000
Loan amount$452,000
Closing costs (5.0%)$28,250
Total cash to close$141,250
Rent (comp-derived)$3,500$42,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,000
Vacancy rate (assumption) assumption8.0%

$42,000 × 8.0% = $3,360

Effective gross income$3,220$38,640
Property tax (placeholder 1.9% of price)$895$10,735
Insurance (placeholder 0.8% of price)$377$4,520
HOA dues$223$2,676
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,100
Total operating expenses$1,669$20,031
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,640
Total operating expenses derived$20,031

$38,640 − $20,031 = $18,609

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$452,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$452,000 amortized at 6.7% over 30 years = $2,905/mo

CapEx reserve (5.0% of GSR)$175$2,100
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$18,609
Annual debt service derived$34,856
Annual CapEx reserve assumption$2,100
Annual PMI assumption$0

($18,609 − $34,856 − $2,100 − $0) ÷ 12 = -$1,529

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$18,609
Purchase price data$565,000

$18,609 ÷ $565,000 = 3.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$18,347
Total cash to close derived$141,250

-$18,347 ÷ $141,250 = -13.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$18,609
Annual debt service derived$34,856

$18,609 ÷ $34,856 = 0.53

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,000
Purchase price data$565,000

($42,000 ÷ 12) ÷ $565,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$565,000
Gross scheduled rent (annual) comp$42,000

$565,000 ÷ $42,000 = 13.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$20,031
Effective gross income derived$38,640

$20,031 ÷ $38,640 = 51.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$20,031
Annual debt service derived$34,856
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,000

($20,031 + $34,856 + $0) ÷ $42,000 = 130.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family422,153$2,8702025-06-04
single_family421,580$3,2002026-08-14
single_family422,117$2,995
single_family432,186$3,125
single_family442,383$3,3552026-08-15
single_family422,135$3,5052026-08-16
single_family421,793$2,6002026-08-09
single_family432,116$3,0002026-08-03
single_family432,138$3,5502026-08-28
single_family443,022$3,7002026-02-27
single_family432,420$3,2002026-08-27
single_family432,544$4,3992026-08-27
single_family433,058$3,3002026-07-10
single_family431,670$3,2002026-08-13
single_family422,094$3,2002026-05-26
single_family432,559$4,5002025-12-18
single_family421,750$2,7952026-07-28
single_family421,670$3,3002026-08-25
single_family421,496$3,5002026-08-24
single_family432,256$3,6002026-04-17
single_family432,165$4,2502026-07-30
single_family432,381$3,1502026-07-02
single_family421,828$4,0002026-08-17
single_family432,600$4,5002026-08-24
single_family432,767$3,5002026-05-21
single_family431,580$2,8002026-05-22
single_family442,603$4,5002026-08-16
single_family421,967$3,2002026-07-17
single_family432,073$3,4002026-06-24
single_family432,076$3,2502026-04-04
single_family432,720$3,9002026-05-28
single_family432,380$5,6002026-05-15
single_family443,022$5,0002026-06-04
single_family421,684$3,6502026-08-10
single_family431,680$4,4002025-09-24
single_family421,670$3,5002026-08-11
single_family432,058$4,0002026-07-20
single_family422,090$3,3902026-08-05
single_family432,094$3,500
single_family431,680$4,400
single_family431,599$2,990
single_family421,765$2,975
single_family441,592$3,000
single_family442,954$3,500
single_family431,762$3,200
single_family432,559$4,500
single_family432,115$3,7502026-08-28

15435 SW 298th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,153
Listed2025-06-04
Days on market

Asking rent: $2,870

View on Zillow →

30204 SW 161st Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,580
Listed2026-08-14
Days on market

Asking rent: $3,200

View on Zillow →

1321 NE 42nd Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,117
Listed
Days on market

Asking rent: $2,995

View on Zillow →

960 NE 37th Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,186
Listed
Days on market

Asking rent: $3,125

View on Zillow →

1485 NE 40th Rd

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,383
Listed2026-08-15
Days on market

Asking rent: $3,355

View on Zillow →

3069 SE 5th Dr

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,135
Listed2026-08-16
Days on market

Asking rent: $3,505

View on Zillow →

13471 SW 288th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,793
Listed2026-08-09
Days on market

Asking rent: $2,600

View on Zillow →

737 SE 37th Pl

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,116
Listed2026-08-03
Days on market

Asking rent: $3,000

View on Zillow →

1692 SE 7th Ct

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,138
Listed2026-08-28
Days on market

Asking rent: $3,550

View on Zillow →

516 SE 35th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,022
Listed2026-02-27
Days on market

Asking rent: $3,700

View on Zillow →

165 SE 21st Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,420
Listed2026-08-27
Days on market

Asking rent: $3,200

View on Zillow →

1325 NE 2nd Ct

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,544
Listed2026-08-27
Days on market

Asking rent: $4,399

View on Zillow →

215 NE 32nd Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage3,058
Listed2026-07-10
Days on market

Asking rent: $3,300

View on Zillow →

16035 SW 299th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,670
Listed2026-08-13
Days on market

Asking rent: $3,200

View on Zillow →

3760 NE 15th St

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,094
Listed2026-05-26
Days on market

Asking rent: $3,200

View on Zillow →

107 SE 22nd Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,559
Listed2025-12-18
Days on market

Asking rent: $4,500

View on Zillow →

13621 SW 281st Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,750
Listed2026-07-28
Days on market

Asking rent: $2,795

View on Zillow →

2364 NE 4th St Unit 2364

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,670
Listed2026-08-25
Days on market

Asking rent: $3,300

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15400 SW 305th St

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,496
Listed2026-08-24
Days on market

Asking rent: $3,500

View on Zillow →

1955 NE 36th Ave Unit 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,256
Listed2026-04-17
Days on market

Asking rent: $3,600

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14480 SW 292nd St Unit 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,165
Listed2026-07-30
Days on market

Asking rent: $4,250

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1926 NE 3rd Ct Unit 1926

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,381
Listed2026-07-02
Days on market

Asking rent: $3,150

View on Zillow →

16255 SW 281st St

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,828
Listed2026-08-17
Days on market

Asking rent: $4,000

View on Zillow →

139 NE 27th Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,600
Listed2026-08-24
Days on market

Asking rent: $4,500

View on Zillow →

1423 NE 40th Rd Unit 1423

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,767
Listed2026-05-21
Days on market

Asking rent: $3,500

View on Zillow →

607 NE 21st Ter

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,580
Listed2026-05-22
Days on market

Asking rent: $2,800

View on Zillow →

2964 NE 42nd Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,603
Listed2026-08-16
Days on market

Asking rent: $4,500

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2123 NE 38th Rd Unit 2123

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,967
Listed2026-07-17
Days on market

Asking rent: $3,200

View on Zillow →

2405 SE 5th Ct

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,073
Listed2026-06-24
Days on market

Asking rent: $3,400

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3711 NE 23rd Ct Unit 3711

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,076
Listed2026-04-04
Days on market

Asking rent: $3,250

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2588 SE 2nd St

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,720
Listed2026-05-28
Days on market

Asking rent: $3,900

View on Zillow →

4180 NE 21st St

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,380
Listed2026-05-15
Days on market

Asking rent: $5,600

View on Zillow →

3698 SE 2nd Dr

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage3,022
Listed2026-06-04
Days on market

Asking rent: $5,000

View on Zillow →

2721 NE 42nd Ave

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,684
Listed2026-08-10
Days on market

Asking rent: $3,650

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29928 SW 159th Dr Unit 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,680
Listed2025-09-24
Days on market

Asking rent: $4,400

View on Zillow →

2410 NE 4th St Unit 2410

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,670
Listed2026-08-11
Days on market

Asking rent: $3,500

View on Zillow →

657 SE 31st Ave Unit 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,058
Listed2026-07-20
Days on market

Asking rent: $4,000

View on Zillow →

1700 NE 37th Pl

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,090
Listed2026-08-05
Days on market

Asking rent: $3,390

View on Zillow →

1755 NE 37th Ave Unit 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,094
Listed
Days on market

Asking rent: $3,500

View on Zillow →

29928 SW 159th Dr

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,680
Listed
Days on market

Asking rent: $4,400

View on Zillow →

29240 SW 163rd Ct

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,599
Listed
Days on market

Asking rent: $2,990

View on Zillow →

575 SE 29th Dr # 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,765
Listed
Days on market

Asking rent: $2,975

View on Zillow →

1048 NE 30th Ave # 1048

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,592
Listed
Days on market

Asking rent: $3,000

View on Zillow →

709 SE 35th Ave # 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,954
Listed
Days on market

Asking rent: $3,500

View on Zillow →

3389 NE 4th St

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,762
Listed
Days on market

Asking rent: $3,200

View on Zillow →

107 SE 22nd Ter # N /A

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,559
Listed
Days on market

Asking rent: $4,500

View on Zillow →

181 NE 25th Ter Unit 0

Homestead, 33033 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,115
Listed2026-08-28
Days on market

Asking rent: $3,750

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
174 NE 32nd Tersingle_family422,818$450,0002026-08-25
2371 SE 1st Ctsingle_family432,228$670,0002026-08-20
16345 SW 303rd Stsingle_family421,586$520,0002026-08-18
156 SE 22nd Tersingle_family432,463$665,0002026-08-17
1211 NE 40th Rdsingle_family432,213$467,5002026-08-17
14405 SW 298th Tersingle_family431,876$460,0002026-08-14
3910 NE 10th Drsingle_family421,442$420,0002026-08-14
14285 SW 287th Stsingle_family421,449$525,0002026-08-14
2882 NE 4th Stsingle_family433,057$654,0002026-08-13
3090 SE 7th Plsingle_family432,060$495,0002026-08-07
15805 SW 300th Tersingle_family431,212$530,0002026-08-05
3954 NE 13th Drsingle_family421,260$405,0002026-08-03
28905 SW 163rd Ctsingle_family432,199$650,0002026-07-31
3179 NE 4th Stsingle_family431,762$479,9002026-07-31
695 SE 30th Drsingle_family432,060$545,0002026-07-27
391 NE 33rd Tersingle_family431,762$445,0002026-07-24
29935 SW 143rd Ctsingle_family421,216$475,0002026-07-23
15814 SW 305th Tersingle_family421,416$450,0002026-07-23
15940 SW 283rd Stsingle_family421,765$655,0002026-07-23
1495 NE 2nd Ctsingle_family43$614,0002026-07-21
1033 NE 35th Avesingle_family432,752$618,0002026-07-20
3983 NE 12th Drsingle_family421,260$380,0002026-07-17
15971 SW 287th Stsingle_family422,405$565,0002026-07-17
2655 NE 2nd Drsingle_family432,093$500,0002026-07-15
2182 SE 1st Stsingle_family422,420$554,0002026-07-15
14431 SW 285th Stsingle_family421,673$499,9972026-07-14
961 NE 36th Avesingle_family431,921$480,0002026-07-13
28105 SW 166th Ctsingle_family421,779$680,0002026-07-10
15545 Arizona Rdsingle_family42$525,0002026-07-10
15231 SW 302nd Stsingle_family421,288$476,0002026-07-09
28469 SW 131st Ctsingle_family421,613$509,0002026-07-09
29641 SW 165th Ctsingle_family432,381$633,0002026-07-07
3367 NE 3rd Drsingle_family431,762$467,5002026-07-01
181 NE 17th Avesingle_family432,085$585,5002026-06-30
2117 NE 40th Rdsingle_family431,967$525,0002026-06-30
1583 NE 2nd Ctsingle_family432,470$619,0002026-06-29
30001 SW 153rd Avesingle_family431,400$560,0002026-06-26
2316 NE 3rd Ctsingle_family421,670$455,0002026-06-25
13345 SW 284th Tersingle_family432,598$555,0002026-06-24
30031 SW 145th Ctsingle_family421,610$515,0002026-06-24
2945 SE 3rd Stsingle_family432,090$640,0002026-06-23
28665 SW 158th Ctsingle_family432,512$570,0002026-06-22
28101 SW 159th Avesingle_family421,704$658,0002026-06-17
2604 NE 1st Stsingle_family432,696$649,9952026-06-17
28104 SW 165th Ctsingle_family421,779$670,0002026-06-16
2615 SE 5th Ctsingle_family432,073$516,0002026-06-15
4045 NE 15th Stsingle_family421,953$485,0002026-06-12
13556 SW 285th Tersingle_family431,863$490,0002026-06-12
29144 SW 165th Avesingle_family432,607$793,0002026-06-11
1281 NE 41st Plsingle_family421,830$485,0002026-06-11

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
16200 SW 320th Stsingle_family432,267$690,990
16314 SW 291 St Unit 16314condo_townhome_rowhome_coop43$385,000
17360 SW 286 Stsingle_family432,217$724,690
2570 SE 4th Plsingle_family432,098$485,000
13411 SW 285th Stsingle_family432,598$552,000
729 SE 34th Avesingle_family421,670$444,444
15624 SW 297th Tersingle_family421,506$597,000
977 NE 37th Plsingle_family432,020$455,000

10-year hold projection

IRR1.5%
Equity multiple1.24x
Total return (10yr)$108,061
YearProperty valueNOICash flowLoan balanceEquity
1$581,950$18,609-$18,347$447,099$134,851
2$599,409$19,267-$17,741$441,862$157,546
3$617,391$19,948-$17,114$436,265$181,125
4$635,912$20,652-$16,466$430,284$205,628
5$654,990$21,379-$15,795$423,892$231,098
6$674,640$22,131-$15,101$417,061$257,578
7$694,879$22,908-$14,383$409,762$285,117
8$715,725$23,712-$13,641$401,960$313,765
9$737,197$24,542-$12,873$393,623$343,573
10$759,313$25,400-$12,078$384,714$374,599
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.