For SaleRisky Deal25 days on market
16761 SW 278th Street
16761 SW 278th Street, Homestead, FL 33031, Homestead, FL 33031
$799,990
Estimate®:$778,500
Listing Price
16761 SW 278th Street, Homestead, FL 33031
Loc: Homestead, FL
Days Listed
25
Tax Assessed
$601k
Estimate®
$779k
Market Rate
Lot Size
0.39 acres
Rent Estimate
$3,980/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Redland Elementary School
PK-5
2.2 mi away
5
Redland Middle School
6-8
2.1 mi away
3
South Dade Senior High School
PK,9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylestucco exteriorsingle-storyasymmetrical rooflinered front doorlush landscapingpalm treesspacious front lawnsuburbanprivate entrywaywell-maintainedtropical climate
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.26%
Total ROI
29.7%
Cash Flow
$-1,977/mo
DSCR
0.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,977/mo net cash flow with a 3.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Homestead, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Price change | $799,990 | $332 |
| 2026-08-31 | Listed for sale | $810,000 | $336 |
| 2018-12-15 | Sold | $410,000 | $170 |
| 2018-11-07 | Pending sale | $410,000 | $170 |
| 2018-11-02 | Price change | $410,000 | $170 |
| 2018-09-20 | Price change | $434,900 | $181 |
| 2018-08-20 | Listed for sale | $450,000 | $187 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,354.17 | $374,467 |
| 2024 | $6,182.46 | $363,914 |
| 2023 | $5,887.24 | $353,315 |
| 2022 | $5,667.82 | $343,025 |
| 2021 | $5,642.22 | $333,034 |
| 2020 | $5,578.59 | $328,436 |
| 2019 | $5,461.77 | $321,052 |
| 2018 | $3,412.97 | $211,062 |
| 2017 | $3,412.97 | $206,721 |
| 2016 | $3,383.16 | $202,470 |
| 2015 | $3,387.35 | $201,063 |
| 2014 | $3,426.51 | $199,468 |
| 2013 | $3,203.32 | $196,521 |
| 2012 | $3,203.32 | $188,514 |
| 2011 | $3,912.01 | $224,868 |
| 2010 | $4,154.58 | $221,545 |
| 2009 | $3,770.01 | $215,721 |
| 2007 | $3,859.77 | $184,230 |
| 2006 | $4,090.62 | $0 |
| 2005 | $4,090.62 | $0 |
| 2004 | $4,028.56 | $0 |
| 2003 | $3,833.47 | $0 |
| 2002 | $3,722.1 | $0 |
| 2001 | $3,722.1 | $0 |
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