14815 Bethune Dr

Homestead, FL 33176 · townhomes · For Sale · 11 days on market
Asking price$569,900
3 beds 3 baths — sqft
Suggested offer$480,000$89,900 above the est. market value of $480,000.
View on Realtor.com →
Listed by Alicia Ale · Cosmopolis Real Estate, Llc
Typetownhomes
Built2026
Price / sqft
Est. value (own analysis)$480,000
Rent estimate (own analysis)$3,150/mo
HOANone
Show every detail
Statusfor_sale
Listed date2026-08-20
Removed date
MLSMiamiMLS #A12073618
Coordinates
Address14815 Bethune Dr
CityHomestead
StateFL
Zip33176
Listing ID9764104460
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33176)

Typical home value (ZHVI)$630,508
Typical rent (ZORI)$2,301/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$569,900
Down payment (20.0%)$113,980
Loan amount$455,920
Closing costs (5.0%)$28,495
Total cash to close$142,475
Rent (comp-derived)$3,150$37,800
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$37,800
Vacancy rate (assumption) assumption8.0%

$37,800 × 8.0% = $3,024

Effective gross income$2,898$34,776
Property tax (placeholder 1.9% of price)$902$10,828
Insurance (placeholder 0.8% of price)$380$4,559
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$158$1,890
Total operating expenses$1,440$17,277
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$34,776
Total operating expenses derived$17,277

$34,776 − $17,277 = $17,499

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$455,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$455,920 amortized at 6.7% over 30 years = $2,930/mo

CapEx reserve (5.0% of GSR)$158$1,890
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$17,499
Annual debt service derived$35,158
Annual CapEx reserve assumption$1,890
Annual PMI assumption$0

($17,499 − $35,158 − $1,890 − $0) ÷ 12 = -$1,629

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,499
Purchase price data$569,900

$17,499 ÷ $569,900 = 3.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$19,550
Total cash to close derived$142,475

-$19,550 ÷ $142,475 = -13.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,499
Annual debt service derived$35,158

$17,499 ÷ $35,158 = 0.50

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$37,800
Purchase price data$569,900

($37,800 ÷ 12) ÷ $569,900 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$569,900
Gross scheduled rent (annual) comp$37,800

$569,900 ÷ $37,800 = 15.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,277
Effective gross income derived$34,776

$17,277 ÷ $34,776 = 49.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$17,277
Annual debt service derived$35,158
Annual PMI assumption$0
Gross scheduled rent (annual) comp$37,800

($17,277 + $35,158 + $0) ÷ $37,800 = 138.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes321,220$2,8002026-08-11
townhomes321,400$3,0952026-08-09
townhomes331,632$3,2002026-07-23
townhomes321,584$3,3502026-07-22
townhomes321,220$3,2002026-07-21
townhomes321,220$3,0002026-07-06
townhomes321,400$3,1502026-08-28

10615 SW 113th Pl Unit 92D

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,220
Listed2026-08-11
Days on market

Asking rent: $2,800

View on Zillow →

11537 Louis St Unit 0

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,400
Listed2026-08-09
Days on market

Asking rent: $3,095

View on Zillow →

11459 SW 110th Ln

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,632
Listed2026-07-23
Days on market

Asking rent: $3,200

View on Zillow →

11053 SW 113th Pl Unit 0

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,584
Listed2026-07-22
Days on market

Asking rent: $3,350

View on Zillow →

11549 SW 109th Rd Unit 27D

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,220
Listed2026-07-21
Days on market

Asking rent: $3,200

View on Zillow →

11361 SW 109th Rd Unit 58D

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,220
Listed2026-07-06
Days on market

Asking rent: $3,000

View on Zillow →

10629 SW 113th Pl Unit 89B

Miami, 33176 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,400
Listed2026-08-28
Days on market

Asking rent: $3,150

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
11621 SW 90th Sttownhomes331,704$585,0002026-08-26
11483 SW 109th Rd Unit 2Ftownhomes321,400$435,0002026-08-21
11527 SW 90th Sttownhomes321,317$480,0002026-07-31
11040 SW 112th Avetownhomes321,584$485,0002026-07-31
13209 SW 95th Avetownhomes331,535$620,0002026-07-29
11020 SW 112th Avetownhomes321,584$375,0002026-07-14
9127 SW 96th Avetownhomes331,672$475,0002026-07-14
11245 SW 111th Sttownhomes331,632$535,0002026-06-30
13013 SW 95th Avetownhomes321,535$590,0002026-05-29
11491 SW 109th Rd Unit 15Atownhomes321,480$470,0002026-05-27
12806 SW 91st Cttownhomes331,548$585,0002026-05-26
11405 SW 148th Tertownhomes321,260$399,9002026-05-15
10150 SW 88th St Apt 106townhomes331,610$450,0002026-04-06

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
9123 SW 112th Ctsingle_family331,952$689,900
10225 SW 89th Sttownhomes331,656$595,000
10220 SW 91st Stsingle_family321,987$925,000
13340 SW 112th Ctsingle_family321,212$489,900
10471 SW 141 Stsingle_family312,328$550,000
11411 SW 109th Rd Unit 50Ycondos331,342$420,000
11530 SW 136th Stsingle_family311,070$525,000
14052 SW 110th Avesingle_family321,778$594,000

10-year hold projection

IRR0.9%
Equity multiple1.15x
Total return (10yr)$96,213
YearProperty valueNOICash flowLoan balanceEquity
1$586,997$17,499-$19,550$450,977$136,020
2$604,607$18,110-$18,986$445,694$158,913
3$622,745$18,742-$18,402$440,049$182,696
4$641,427$19,395-$17,799$434,016$207,412
5$660,670$20,070-$17,175$427,569$233,102
6$680,490$20,767-$16,529$420,679$259,812
7$700,905$21,488-$15,862$413,315$287,590
8$721,932$22,233-$15,172$405,447$316,486
9$743,590$23,002-$14,459$397,037$346,553
10$765,898$23,798-$13,721$388,051$377,847
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 always a placeholder, not a real quote — verify both, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow's ZIP index, not appraisals.