For SaleRisky Deal8 days on market
29415 SW 197th Ave
29415 SW 197th Ave, Homestead, FL 33030, Homestead, FL 33030
$3,000,000
Estimate®:$2,824,600
Listing Price
29415 SW 197th Ave, Homestead, FL 33030
Loc: Homestead, FL
Days Listed
8
Tax Assessed
$1803k
Estimate®
$2825k
Market Rate
Lot Size
4.72 acres
Rent Estimate
$5,903/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
South Dade Middle School
4-8
0.3 mi away
3
South Dade Senior High School
PK,9-12
3.1 mi away
5
Redondo Elementary School
PK-3
1.3 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
Mediterranean architecturestucco exteriortile roofcovered entrywayarched porticolarge drivewayattached garagelandscaped lawncolumn detailssingle-storyluxury homespacious exteriorcypress treesresidential property
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
0.63%
Total ROI
-27.5%
Cash Flow
$-13,994/mo
DSCR
0.10
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-13,994/mo net cash flow with a 0.6% 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 |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $3,000,000 | $1,093 |
| 2011-05-06 | Sold | $190,000 | $69 |
| 2010-03-05 | Sold | $200,000 | $73 |
| 2006-03-11 | Sold | $880,000 | $321 |
| 2003-08-21 | Sold | $155,000 | $56 |
| 2002-04-18 | Sold | $90,000 | $33 |
| 1999-06-15 | Sold | $80,000 | $29 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $20,515.79 | $1,139,603 |
| 2024 | $18,906.61 | $1,077,968 |
| 2023 | $17,713.74 | $1,020,140 |
| 2022 | $12,369.02 | $736,210 |
| 2021 | $12,426.11 | $718,361 |
| 2020 | $10,255.28 | $593,297 |
| 2019 | $10,048.43 | $580,105 |
| 2018 | $6,839.65 | $409,545 |
| 2017 | $6,839.65 | $401,256 |
| 2016 | $6,789.59 | $391,833 |
| 2015 | $6,821.3 | $389,146 |
| 2014 | $7,652.78 | $426,029 |
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