For SaleRisky Deal48 days on market
1940 SE 24th Ave
1940 SE 24th Ave, Homestead, FL 33035, Homestead, FL 33035
$289,900
Estimate®:$283,600
Listing Price
1940 SE 24th Ave, Homestead, FL 33035
Loc: Homestead, FL
Days Listed
48
Tax Assessed
$255k
Estimate®
$284k
Market Rate
Rent Estimate
$2,150/mo
Est. Cash Flow base
Type
townhouse
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
Gateway Environmental K-8 Learning Center
PK-8
0.8 mi away
3
Homestead Senior High School
PK,9-12
1.1 mi away
5
Homestead Middle School
6-8
3 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
residentialcommunitystucco exteriortiled rooflandscapedtropicalgated communitysuburbanapartment complexmulti-familymanicured hedgespalm treesentry signMediterranean influence
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.37%
Total ROI
75.6%
Cash Flow
$-207/mo
DSCR
0.86
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-207/mo net cash flow with a 5.4% 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 |
|---|---|---|---|
| 2026-08-07 | Listed for sale | $289,900 | $203 |
| 2020-06-09 | Listing removed | $1,550 | $1 |
| 2020-05-22 | Listed for rent | $1,550 | $1 |
| 2014-07-07 | Listing removed | $1,275 | $1 |
| 2014-05-15 | Listed for rent | $1,275 | $1 |
| 2013-11-22 | Listing removed | $1,275 | $1 |
| 2013-10-18 | Price change | $1,275 | $1 |
| 2013-09-18 | Listed for rent | $1,300 | $1 |
| 2011-10-25 | Sold | $60,000 | $42 |
| 2006-04-13 | Sold | $230,000 | $161 |
| 2005-11-01 | Sold | $170,000 | $119 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,803.38 | $237,982 |
| 2024 | $5,444.44 | $216,348 |
| 2023 | $5,094.44 | $196,680 |
| 2022 | $4,310.47 | $178,800 |
| 2021 | $3,266.84 | $115,273 |
| 2020 | $2,579.26 | $104,794 |
| 2019 | $2,445.19 | $95,268 |
| 2018 | $2,212.81 | $86,608 |
| 2017 | $2,212.81 | $78,735 |
| 2016 | $1,976.29 | $71,578 |
| 2015 | $1,678.99 | $65,071 |
| 2014 | $1,442.4 | $59,156 |
| 2013 | $1,142.49 | $53,779 |
| 2012 | $1,142.49 | $48,890 |
| 2011 | $613.61 | $48,890 |
| 2010 | $767.08 | $61,110 |
| 2009 | $1,937.89 | $122,220 |
| 2007 | $2,969.91 | $136,958 |
Similar Properties Nearby
Explore other investment opportunities in Homestead.