738 SW 7th Ter, Florida City, FL 33034

SingleFamilyResidence · Active

$350,000

738 SW 7th Ter, Florida City, FL 33034 — MLS photo

Miami Foreclosures & Bank-Owned Properties

738 SW 7th Ter, Florida City, FL 33034

Bedrooms
4
Bathrooms
2
Interior
1,116 sq ft
Price / sq ft
$314/sq ft
Built
1994
Lot
5,000 sq ft

The residence

Welcome to this beautifully maintained 4-bedroom, 2-bathroom home in the desirable Villas of Palm Bay community in Homestead. Move-in ready and thoughtfully updated, this one-story residence features a new roof and A/C installed in 2023, offering added value and peace of mind. Situated on a spacious 5,000-square-foot fenced lot, the property provides plenty of outdoor space for entertaining, gardening, pets, or simply relaxing in your own private backyard. The functional single-story layout offers comfortable everyday living and flexible use of space. Conveniently located near schools, parks, shopping, dining, Baptist Hospital, Homestead Air Reserve Base, and the Florida Turnpike, this home also offers easy access to Biscayne National Park and the Florida Keys. Enjoy a location that combines comfort, convenience, and easy access to everything South Florida has to offer.

Property location

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738 SW 7th Ter, Florida City, FL 33034

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Facts & features

Interior

Bedrooms
4
Bathrooms
2
Living area
1,116 sq ft
Flooring
Tile
Appliances
Dryer, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central, Electric
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Closet Cabinetry, French Doors Atrium Doors, First Floor Entry, High Ceilings, Living Dining Room, Main Level Primary, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1994
Lot size
5,000 sq ft
Architectural style
Detached, Patio Home, One Story
Roof
Aluminum, Fiberglass
Construction
Other
Exterior features
Fence, Lighting, Patio
Pool
None, Community
View
Garden, Ocean

Parking

Garage spaces
0
Covered spaces
0
Parking features
Driveway, Paver Block

HOA, Community & Financials

Association fee
$150 Monthly
Fee inclusions
Common Area Maintenance
Security
Gated Community
Pets allowed
Conditional, Yes
Annual tax
$5,611
Subdivision
VILLAS OF PALM BAY
County
Miami-Dade
Days on market
97
MLS listing ID
A12046741
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$193

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.4%
Gross yield
10.2%
Mortgage payment
$1,659/mo
Down payment
$87,500
Loan amount
$262,500
Annual NOI
$22,226

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

738 SW 7th Ter, Florida City, FL 33034