1500 NW 11th St
Homestead, FL 33030 · single_family · For Sale · 28 days on market
Asking price$565,000
3 beds 2 baths 1,104 sqft
Suggested offer$379,368$185,632 above the est. market value of $379,368.
View on Realtor.com →Listed by Albert Puig · Lifestyle International Realty
Typesingle_family
Built1958
Price / sqft$512
Est. value (own analysis)$379,368
Rent estimate (own analysis)$3,050/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-08-06
Removed date—
MLSMiamiMLS #A12066380
Coordinates25.48044, -80.49488
Address1500 NW 11th St
CityHomestead
StateFL
Zip33030
Listing ID6733611498
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33030)
Typical home value (ZHVI)$521,479
Typical rent (ZORI)$2,465/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 | $565,000 |
| Down payment (20.0%) | $113,000 |
| Loan amount | $452,000 |
| Closing costs (5.0%) | $28,250 |
| Total cash to close | $141,250 |
| Income | |
| Rent (comp-derived) | $3,050$36,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,806$33,672 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $895$10,735 |
| Insurance (est. scaled by flood & wind risk) | $659$7,910 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $153$1,830 |
| Total operating expenses | $1,706$20,475 |
| 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) | $153$1,830 |
| 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 | 2 | 912 | $2,600 | 2026-08-10 | — | |
| single_family | 3 | 1 | 1,190 | $2,700 | 2026-06-02 | — | |
| single_family | 3 | 2 | 1,302 | $3,300 | 2026-07-22 | — | |
| single_family | 3 | 3 | 1,433 | $2,800 | — | — | |
| single_family | 3 | 2 | 1,302 | $3,300 | — | — | |
| single_family | 3 | 3 | 1,400 | $3,600 | 2025-12-22 | — |
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 |
|---|---|---|---|---|---|---|
| 19102 SW 318th Ter | single_family | 3 | 2 | 1,300 | $470,000 | 2026-08-27 |
| 17265 SW 302nd St | single_family | 3 | 2 | 1,156 | $485,000 | 2026-08-24 |
| 1635 NW 15th Ter | single_family | 3 | 2 | 1,598 | $675,000 | 2026-08-20 |
| 30502 SW 187th Ct | single_family | 3 | 2 | 1,245 | $495,000 | 2026-08-13 |
| 446 NW 17th St | single_family | 3 | 2 | 1,530 | $275,000 | 2026-08-10 |
| 1044 NE 4th Ave | single_family | 3 | 1 | 1,191 | $485,000 | 2026-08-01 |
| 17223 SW 302nd St | single_family | 3 | 1 | 1,053 | $390,000 | 2026-07-30 |
| 78 NW 2nd St | single_family | 3 | 2 | 1,520 | $480,000 | 2026-07-24 |
| 628 SW 8th Ave | single_family | 3 | 1 | 1,323 | $386,000 | 2026-07-23 |
| 81 NW 18th St | single_family | 3 | 2 | 2,048 | $650,000 | 2026-07-21 |
| 220 NE 12th Ave Lot 142 | single_family | 3 | 2 | 1,456 | $230,000 | 2026-07-20 |
| 31500 SW 192nd Ave | single_family | 3 | 3 | 2,360 | $810,000 | 2026-07-17 |
| 1630 NW 10th St | single_family | 3 | 2 | 1,876 | $500,000 | 2026-07-13 |
| 19520 SW 307th St | single_family | 3 | 2 | 1,691 | $690,000 | 2026-07-08 |
| 30704 SW 188th Ct | single_family | 3 | 2 | 1,624 | $515,000 | 2026-07-07 |
| 508 SW 17th Ave | single_family | 3 | 2 | 1,275 | $419,000 | 2026-07-07 |
| 18300 SW 296th St | single_family | 3 | 2 | 2,177 | $780,000 | 2026-07-04 |
| 29450 SW 185th Ct | single_family | 3 | 3 | 2,741 | $750,000 | 2026-07-02 |
| 241 SW 4th Ave | single_family | 3 | 3 | 2,520 | $900,000 | 2026-06-30 |
| 905 NE 12th Ave | single_family | 3 | 2 | 1,365 | $356,500 | 2026-06-25 |
| 17260 SW 299th St | single_family | 3 | 2 | 1,430 | $730,000 | 2026-06-24 |
| 1765 SW 3rd Ct | single_family | 3 | 2 | 1,200 | $425,000 | 2026-06-22 |
| 211 SW 15th Ter | single_family | 3 | 2 | 1,554 | $485,000 | 2026-06-17 |
| 20000 SW 286th St | single_family | 3 | 2 | 2,540 | $850,000 | 2026-06-15 |
| 313 NW 12th St | single_family | 3 | 2 | 1,124 | $400,000 | 2026-06-12 |
| 229 NW 9th Ave | single_family | 3 | 2 | 1,252 | $360,000 | 2026-06-11 |
| 536 SW 6th Ave | single_family | 3 | 1 | 1,057 | $13,851,000 | 2026-06-10 |
| 18781 SW 294th Ter | single_family | 3 | 2 | 2,086 | $719,000 | 2026-06-10 |
| 105 NE 17th St | single_family | 3 | 2 | 2,568 | $485,000 | 2026-06-10 |
| 30300 SW 171st Ave | single_family | 3 | 2 | 1,615 | $555,000 | 2026-06-05 |
| 885 NE 3rd Ave | single_family | 3 | 2 | 1,688 | $580,000 | 2026-06-03 |
| 1866 NW 8th Ter | single_family | 3 | 2 | 1,698 | $500,000 | 2026-06-03 |
| 105 NW 5th Ave | single_family | 3 | 2 | 1,252 | $300,000 | 2026-06-02 |
| 16960 SW 301st St | single_family | 3 | 1 | 1,458 | $460,000 | 2026-05-29 |
| 30861 SW 192nd Ave | single_family | 3 | 2 | 1,316 | $540,000 | 2026-05-26 |
| 18745 SW 317th Ter | single_family | 3 | 1 | 1,000 | $350,000 | 2026-05-15 |
| 29071 SW 171st Ave | single_family | 3 | 2 | 2,137 | $798,000 | 2026-05-13 |
| 30930 SW 190th Ave | single_family | 3 | 2 | 1,665 | $635,000 | 2026-05-13 |
| 19043 SW 319th St | single_family | 3 | 2 | 1,480 | $460,000 | 2026-05-01 |
| 546 NW 5th Ave | single_family | 3 | 1 | 1,086 | $240,000 | 2026-04-30 |
| 19461 SW 307th St | single_family | 3 | 2 | 1,740 | $560,000 | 2026-04-27 |
| 18740 SW 297th St | single_family | 3 | 2 | 1,846 | $762,900 | 2026-04-24 |
| 74 NW 2nd St | single_family | 3 | 2 | 1,520 | $440,000 | 2026-04-22 |
| 324 SW 16th Ter | single_family | 3 | 2 | 1,232 | $479,900 | 2026-04-10 |
| 18830 SW 294th Ter | single_family | 3 | 2 | 2,301 | $700,000 | 2026-04-08 |
| 708 NW 15th St | single_family | 3 | 2 | 953 | $389,900 | 2026-04-07 |
| 18950 SW 310th St | single_family | 3 | 2 | 1,012 | $545,000 | 2026-04-03 |
| 131 NE 18th St | single_family | 3 | 2 | 1,505 | $546,000 | 2026-03-31 |
| 33 NW 7th Ave | single_family | 3 | 1 | 960 | $349,000 | 2026-03-31 |
| 30110 SW 168th Ct | single_family | 3 | 2 | 1,614 | $485,000 | 2026-03-27 |
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 |
|---|---|---|---|---|---|---|
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,813 | $504,990 | — |
| 18840 SW 314th St | single_family | 3 | 3 | 1,813 | $510,365 | — |
| 18876 SW 314th St | single_family | 3 | 3 | 1,670 | $504,215 | — |
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,670 | $493,990 | — |
| 31 NW 10th St Unit 1105 | condos | 3 | 3 | 1,209 | $1,461,500 | — |
| 30221 SW 173rd Ave | single_family | 3 | 2 | 1,302 | $546,000 | — |
| 948 NW 9th Ct | single_family | 3 | 2 | 1,858 | $463,000 | — |
| 655 SW 5th St | single_family | 3 | 2 | 1,120 | $375,000 | — |
10-year hold projection
IRR-1.1%
Equity multiple0.83x
Total return (10yr)$49,159
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $581,950 | $13,197 | -$23,489 | $447,099 | $134,851 |
| 2 | $599,409 | $13,695 | -$23,037 | $441,862 | $157,546 |
| 3 | $617,391 | $14,211 | -$22,568 | $436,265 | $181,125 |
| 4 | $635,912 | $14,745 | -$22,082 | $430,284 | $205,628 |
| 5 | $654,990 | $15,298 | -$21,578 | $423,892 | $231,098 |
| 6 | $674,640 | $15,870 | -$21,057 | $417,061 | $257,578 |
| 7 | $694,879 | $16,461 | -$20,517 | $409,762 | $285,117 |
| 8 | $715,725 | $17,074 | -$19,957 | $401,960 | $313,765 |
| 9 | $737,197 | $17,708 | -$19,378 | $393,623 | $343,573 |
| 10 | $759,313 | $18,364 | -$18,778 | $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.