12978 SW 286th Ter
Homestead, FL 33033 · townhomes · Pending — under contract · 42 days on market
Asking price$364,999
3 beds 3 baths 1,722 sqft
Listed by Leandro Westley Pineiro · LPT Realty
Typetownhomes
Built2023
Price / sqft$212
Est. value (own analysis)$405,356
Rent estimate (own analysis)$2,425/mo
HOA$300/mo
1 / 48
Show every detail
Statusfor_sale
Listed date2026-07-23
Removed date—
MLSMiamiMLS #A12058184
Coordinates25.50124, -80.40184
Address12978 SW 286th Ter
CityHomestead
StateFL
Zip33033
Listing ID9829505068
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 | $364,999 |
| Down payment (20.0%) | $73,000 |
| Loan amount | $291,999 |
| Closing costs (5.0%) | $18,250 |
| Total cash to close | $91,250 |
| Income | |
| Rent (comp-derived) | $2,425$29,100 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,231$26,772 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $578$6,935 |
| Insurance (placeholder 0.8% of price) | $243$2,920 |
| HOA dues | $300$3,600 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $121$1,455 |
| Total operating expenses | $1,243$14,910 |
| 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) | $121$1,455 |
| 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 | 4 | 1,628 | $2,499 | 2026-07-31 | — | |
| townhomes | 3 | 3 | 1,705 | $2,400 | 2026-08-26 | — | |
| 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 | 1,642 | $2,600 | 2025-10-01 | — | |
| 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 | 3 | 1,628 | $2,700 | 2026-07-30 | — | |
| townhomes | 3 | 2 | 1,140 | $2,200 | 2026-08-13 | — | |
| townhomes | 3 | 3 | 1,325 | $2,300 | 2026-04-02 | — | |
| townhomes | 3 | 3 | 1,827 | $2,800 | 2026-06-18 | — | |
| 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 | 1,785 | $2,650 | 2026-07-15 | — | |
| townhomes | 3 | 3 | 1,612 | $3,300 | 2026-07-22 | — | |
| townhomes | 3 | 3 | 1,962 | $2,900 | 2026-06-30 | — | |
| townhomes | 3 | 3 | 1,907 | $2,700 | 2026-05-19 | — | |
| townhomes | 3 | 3 | 1,695 | $3,300 | 2026-03-12 | — | |
| townhomes | 3 | 3 | 1,847 | $2,780 | 2026-04-17 | — | |
| townhomes | 3 | 2 | 1,140 | $2,800 | 2026-02-04 | — | |
| townhomes | 3 | 3 | 1,695 | $3,100 | 2026-07-06 | — | |
| 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 | — | |
| townhomes | 3 | 3 | 1,790 | $2,800 | 2026-08-30 | — |
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
IRR1.3%
Equity multiple1.22x
Total return (10yr)$67,390
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $375,949 | $11,862 | -$12,111 | $288,833 | $87,116 |
| 2 | $387,227 | $12,292 | -$11,717 | $285,450 | $101,778 |
| 3 | $398,844 | $12,738 | -$11,309 | $281,834 | $117,010 |
| 4 | $410,810 | $13,198 | -$10,886 | $277,970 | $132,840 |
| 5 | $423,134 | $13,674 | -$10,449 | $273,841 | $149,293 |
| 6 | $435,828 | $14,167 | -$9,997 | $269,428 | $166,400 |
| 7 | $448,903 | $14,676 | -$9,529 | $264,712 | $184,191 |
| 8 | $462,370 | $15,203 | -$9,044 | $259,672 | $202,698 |
| 9 | $476,241 | $15,748 | -$8,543 | $254,286 | $221,955 |
| 10 | $490,528 | $16,311 | -$8,024 | $248,530 | $241,998 |
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.