For SaleRisky Deal58 days on market
24044 SW 109th Path
24044 SW 109th Path, Homestead, FL 33032, Homestead, FL 33032
$580,000
Estimate®:$558,000
Listing Price
24044 SW 109th Path, Homestead, FL 33032
Loc: Homestead, FL
Days Listed
58
Tax Assessed
$370k
Estimate®
$558k
Market Rate
Lot Size
5,750 sqft
Rent Estimate
$2,905/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.
3
Goulds Elementary School
PK-5
0.4 mi away
5
Cutler Bay Middle
6-8
3.3 mi away
3
Homestead Senior High School
PK,9-12
8.6 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
Mediterranean stylestucco exteriorpastel pinkpaved drivewayarched entrywaytiled roofsingle-storycozylow maintenance landscapingwhite picket fencingresidentialsymmetrical facade
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.40%
Total ROI
32.8%
Cash Flow
$-1,365/mo
DSCR
0.55
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,365/mo net cash flow with a 3.4% 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 |
|---|---|---|---|
| 2026-09-24 | Price change | $580,000 | $327 |
| 2026-07-29 | Listed for sale | $565,000 | $319 |
| 2025-03-13 | Listing removed | $1,200 | $1 |
| 2025-03-10 | Listed for rent | $1,200 | $1 |
| 2016-06-22 | Sold | $255,000 | $144 |
| 2011-07-14 | Sold | $110,000 | $62 |
| 2011-03-09 | Sold | $95,100 | $54 |
| 2005-11-05 | Sold | $306,900 | $173 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,210.06 | $370,346 |
| 2024 | $8,255.08 | $372,924 |
| 2023 | $7,926.31 | $348,628 |
| 2022 | $4,627.7 | $197,867 |
| 2021 | $4,564.43 | $192,104 |
| 2020 | $4,527.96 | $189,452 |
| 2019 | $4,459.86 | $185,193 |
| 2018 | $4,304.85 | $181,740 |
| 2017 | $4,304.85 | $178,002 |
| 2016 | $4,323.56 | $92,269 |
| 2015 | $2,771.98 | $91,628 |
| 2014 | $2,798.15 | $90,901 |
| 2013 | $2,843.77 | $87,593 |
| 2012 | $2,843.77 | $96,404 |
| 2011 | $3,725.37 | $109,965 |
| 2010 | $3,994.95 | $116,378 |
| 2009 | $5,232.89 | $191,518 |
| 2007 | $7,092.64 | $294,875 |
| 2006 | $2,041.3 | $0 |
| 2005 | $2,041.3 | $0 |
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