305-609-4190
23400 SW 142nd Ave, Homestead FL 33032
Active Single Family Residence

23400 SW 142nd Ave, Homestead FL 33032

Homestead, FL, 33032

$1,399,900

Est. $7,079/mo (20% down)

5
Beds
4
Baths
3,381
Sq Ft
1940
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (56 photos)

About This Property

Captivating 3BD/2BA ranch-style home situated on nearly 2 acres, featuring a separate 2BD/2BA in-laws’ cottage—perfect potential rental income. The main home has been remodeled and includes a new roof and A/C unit. Interior features include a Florida room with bar area, formal dining room, and family room, providing comfortable and functional living spaces. Unique construction details include a Dade County pine roof and a concrete ceiling in the master bedroom. The in-laws’ cottage offers its own charm with a partial wrap-around patio and wood roof, creating a relaxing outdoor setting. Outdoor amenities include a covered pergola over an outdoor BBQ/bar area and fire pit, ideal for entertaining. The property also features a well-maintained chicken coop and a post-frame barn, centrally located on the land. Plenty of space for gardening, hobby farming, or enjoying peaceful country living while still being conveniently located near local amenities.

Property Details

MLS #

A11978324

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

1940

Days on Market

173

Pool

No

Waterfront

No

Price / Sq Ft

$414

HOA Fee

None

Est. Insurance

$467/mo

Tax Year

2025

Tax Amount

$5,715

Garage

—

Lot Size

—

MLS Area

N/a

Subdivision

N/A

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$9,799
Est. Monthly Rent
1.1%
Cap Rate
5.6%
Cash-on-Cash
$15,618
Net Operating Income

ROI Projections (4% Annual Appreciation)

136%
5-Year ROI
Value: $1,703,192
296%
10-Year ROI
Value: $2,072,194
484%
15-Year ROI
Value: $2,521,141

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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