24080 SW 212th Ave
Homestead, FL 33031 · single_family · For Sale · 58 days on market
Asking price$799,000
5 beds 5 baths — sqft
Suggested offer$777,300$21,700 above the est. market value of $777,300.
View on Realtor.com →Listed by Horacio Ferrando · Avenew Realty Corp
Typesingle_family
Built2026
Price / sqft—
Est. value (own analysis)$777,300
Rent estimate (own analysis)$6,370/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeWildfire5/10MajorFlood4/10moderate$Air2/10Minor
1 / 19
Show every detail
Statusfor_sale
Listed date2026-07-06
Removed date—
MLSMiamiMLS #A12048645
Coordinates25.54195, -80.53542
Address24080 SW 212th Ave
CityHomestead
StateFL
Zip33031
Listing ID9905065985
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33031)
Typical home value (ZHVI)$909,055
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 | $799,000 |
| Down payment (20.0%) | $159,800 |
| Loan amount | $639,200 |
| Closing costs (5.0%) | $39,950 |
| Total cash to close | $199,750 |
| Income | |
| Rent (comp-derived) | $6,370$76,440 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,860$70,325 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,265$15,181 |
| Insurance (est. scaled by flood & wind risk) | $852$10,227 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $319$3,822 |
| Total operating expenses | $2,436$29,230 |
| 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) | $319$3,822 |
| 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 | 5 | 5 | 5,643 | $5,750 | 2026-07-15 | — | |
| single_family | 5 | 4 | 3,391 | $5,000 | 2026-04-27 | — | |
| single_family | 5 | 3 | 2,863 | $6,990 | 2026-07-10 | — | |
| single_family | 5 | 3 | 2,863 | $6,990 | — | — |
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 |
|---|---|---|---|---|---|---|
| 17540 SW 254th St | single_family | 5 | 4 | — | $760,000 | 2026-08-20 |
| 24480 SW 209th Pl | single_family | 5 | 4 | 3,424 | $1,597,000 | 2026-08-20 |
| 27800 SW 182nd Ave | single_family | 5 | 5 | 4,066 | $1,725,000 | 2026-08-12 |
| 27701 SW 162nd Ct | single_family | 5 | 3 | 2,282 | $565,000 | 2026-07-23 |
| 18760 SW 238th St | single_family | 5 | 4 | 2,972 | $1,020,000 | 2026-06-29 |
| 23621 SW 167th Ave | single_family | 5 | 3 | 4,189 | $1,000,000 | 2026-06-10 |
| 23840 SW 209th Pl | single_family | 5 | 4 | 3,374 | $1,495,000 | 2026-06-09 |
| 27339 SW 160th Ave | single_family | 5 | 4 | 2,838 | $817,300 | 2026-03-12 |
| 27511 SW 160th Ave | single_family | 5 | 4 | 3,456 | $735,100 | 2026-03-12 |
| 27441 SW 160th Ave | single_family | 5 | 4 | 3,456 | $843,000 | 2026-03-12 |
| 27440 SW 160th Ave | single_family | 5 | 4 | 3,456 | $746,600 | 2026-03-12 |
| 27373 SW 159th Pl | single_family | 5 | 4 | 2,838 | $777,300 | 2026-03-12 |
| 21820 SW 254th St | single_family | 5 | 3 | 4,844 | $1,200,000 | 2026-02-20 |
| 27510 SW 170th Ave | single_family | 5 | 6 | 4,000 | $1,800,000 | 2026-02-11 |
| 16625 SW 236th St | single_family | 5 | 4 | 2,088 | $800,000 | 2026-02-05 |
| 23600 SW 212th Ave | single_family | 5 | 3 | 3,198 | $1,300,000 | 2026-01-30 |
| 20925 SW 248th St | single_family | 5 | 2 | 2,657 | $1,180,000 | 2026-01-14 |
| 27520 SW 161st Ct | single_family | 5 | 4 | 3,456 | $739,400 | 2025-12-11 |
| 27301 SW 161st Ave | single_family | 5 | 4 | 2,838 | $734,300 | 2025-12-11 |
| 27567 SW 161st Ct | single_family | 5 | 4 | 3,456 | $698,400 | 2025-12-11 |
| 27342 SW 161st Ct | single_family | 5 | 4 | 2,838 | $666,300 | 2025-12-10 |
| 27443 SW 161st Ct | single_family | 5 | 4 | 3,456 | $709,900 | 2025-12-10 |
| 27235 SW 159th Pl | single_family | 5 | 4 | 2,838 | $750,900 | 2025-12-05 |
| 27564 SW 160th Ave | single_family | 5 | 4 | 3,456 | $725,100 | 2025-12-05 |
| 27303 SW 160th Ave | single_family | 5 | 4 | 2,838 | $765,000 | 2025-12-05 |
| 27407 SW 161st Ave | single_family | 5 | 4 | 3,456 | $805,000 | 2025-12-05 |
| 27375 SW 160th Ave | single_family | 5 | 3 | 2,838 | $762,300 | 2025-12-05 |
| 21059 SW 238th St | single_family | 5 | 4 | 3,827 | $1,450,000 | 2025-11-17 |
| 24301 SW 192nd Ave | single_family | 5 | 3 | 3,018 | $1,650,000 | 2025-11-10 |
| 27471 SW 161st Ave | single_family | 5 | 4 | 3,456 | $688,000 | 2025-11-07 |
| 27373 SW 161st Ave | single_family | 5 | 4 | 2,838 | $741,300 | 2025-11-07 |
| 27300 SW 161st Ave | single_family | 5 | 4 | 2,838 | $724,000 | 2025-11-05 |
| 27341 SW 161st Ct | single_family | 5 | 4 | 2,838 | $779,900 | 2025-11-05 |
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 |
|---|---|---|---|---|---|---|
| 27307 SW 159th Ct | single_family | 5 | 4 | 3,468 | $859,390 | — |
| 27372 SW 159th Ct | single_family | 5 | 5 | 2,806 | $829,990 | — |
| 27411 SW 161 Ct | single_family | 5 | 4 | 2,806 | $809,990 | — |
| 27411 SW 161 Ct | single_family | 5 | 4 | 3,468 | $850,990 | — |
| 27370 SW 159th Ave | single_family | 5 | 5 | — | $829,990 | — |
| 15720 SW 252nd St | single_family | 5 | 4 | 3,095 | $1,350,000 | — |
| 24225 SW 198th Ave | single_family | 5 | 4 | 2,722 | $1,100,000 | — |
| 26500 SW 217th Ave | single_family | 5 | 7 | 3,684 | $3,495,000 | — |
10-year hold projection
IRR6.6%
Equity multiple2.04x
Total return (10yr)$312,921
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $822,970 | $41,095 | -$12,019 | $632,270 | $190,700 |
| 2 | $847,659 | $42,474 | -$10,736 | $624,863 | $222,796 |
| 3 | $873,089 | $43,898 | -$9,410 | $616,949 | $256,140 |
| 4 | $899,282 | $45,368 | -$8,040 | $608,490 | $290,791 |
| 5 | $926,260 | $46,887 | -$6,624 | $599,451 | $326,809 |
| 6 | $954,048 | $48,454 | -$5,162 | $589,791 | $364,257 |
| 7 | $982,669 | $50,073 | -$3,651 | $579,468 | $403,201 |
| 8 | $1,012,149 | $51,745 | -$2,090 | $568,436 | $443,714 |
| 9 | $1,042,514 | $53,471 | -$478 | $556,646 | $485,868 |
| 10 | $1,073,789 | $55,253 | $1,188 | $544,046 | $529,743 |
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.