For SaleNeutral Deal0 days on market
278 SE 31st Ter
278 SE 31st Ter, Homestead, FL 33033, Homestead, FL 33033
$499,900
Listing Price
278 SE 31st Ter, Homestead, FL 33033
Loc: Homestead, FL
Days Listed
0
Tax Assessed
$228k
Lot Size
5,181 sqft
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
Gateway Environmental K-8 Learning Center
PK-8
1.4 mi away
3
Homestead Senior High School
PK,9-12
2.2 mi away
5
Homestead Middle School
6-8
3.3 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
suburbanstucco exteriortwo-storyattached garagepaver drivewaycontemporarytiled roofsunset lightingresidentiallandscapedwell-maintainedcurb appeal
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.35%
Total ROI
96.8%
Cash Flow
$49/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $49/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Homestead
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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $499,900 | $258 |
| 2026-09-01 | Listing removed | $489,900 | $253 |
| 2026-08-01 | Price change | $489,900 | $253 |
| 2026-07-17 | Price change | $499,900 | $258 |
| 2026-07-07 | Price change | $515,000 | $266 |
| 2026-06-30 | Listed for sale | $525,500 | $272 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2018 | $6,752.63 | $227,823 |
| 2017 | $6,752.63 | $14,608 |
| 2016 | $2,193.27 | $13,280 |
| 2015 | $2,093.61 | $12,073 |
| 2014 | $2,062.45 | $10,976 |
| 2013 | $1,327.55 | $10,976 |
| 2012 | $1,327.55 | $10,976 |
| 2011 | $1,367.16 | $10,976 |
| 2010 | $1,463.81 | $14,277 |
| 2009 | $1,979.69 | $37,319 |
| 2007 | $2,126.25 | $61,086 |
Similar Properties Nearby
Explore other investment opportunities in Homestead.