1 / 1515061 SW 296TH, Homestead FL 33033
Homestead, FL
List Price
$509,000
Type
Single Family
Bedrooms
3
Bathrooms
2
Price reduction
6.6% below original list — was $544,900
From the listing
Foreclosure situation. Property must be sold at the current listed price of $509,900 with no discounts. Seller is selling strictly as-is with no repairs, credits, or seller concessions. Seller has limited knowledge of the property condition and is not willing or available to make repairs or provide warranties. 3-bedroom, 2-bathroom single-family home situated on a fully fenced 8,400 sq ft lot. The property features an updated kitchen with quartz countertops, white cabinetry, and stainless-steel appliances. Renovated bathrooms include modern finishes and walk-in showers. Tile flooring throughout the home. Major improvements include roof updates completed in 2021, AC system installed in 2021, plumbing work completed with permits in 2022, and updated electrical panel. Impact windows and doors were installed in 2023. According to previous inspections, the electrical, plumbing, roof, and AC systems were in satisfactory condition at the time of inspection. Spacious backyard with mature mango and avocado trees, ideal for outdoor activities, pets, or boat/RV parking. No HOA. Conveniently located near US-1, Florida Turnpike, shopping, and restaurants.
Property Information
- Units
- 1
- Days on Market
- 246
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33033
- Coordinates
- 25.4924, -80.4356
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
Permit history
Permit records
Live permit data isn’t available via open data for this jurisdiction yet — check the official record directly.
Private inquiry
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Why this deal
- 6.6% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
65/100
Strong
is scored →
Scored neutral: our comparable-sale selection is being rebuilt so that it no longer references the asking price, and we will not score equity from an estimate we are not willing to publish.
6.6% off original list (full marks at 25%+).
246 days on market (full marks at 120+ — more time = more leverage).
Verified distress on record: Foreclosure.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Strengths
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
Risks
- Equity not yet estimated — no comps available for ARV
- Roof age ~72 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
- conventional financing unlikely; cash or hard-money only
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
What an insurer sees
Insurance / 4-point
Insurability read from roof, electrical, plumbing and HVAC ages in the public record. M…
- Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated
- Roof age ~72 yr — approaching or beyond Citizens' 25-yr eligibility threshold; may require replacement or Citizens' roof inspection
What a GC / AHJ sees
Permits / condition
No permits on record for this parcel in Miami-Dade County building-permit records (records begin 1983; records current through 2026-07-23; checked 2026-08-13). Note: work below permit thresholds (in Miami-Dade, work valued under about $2,500 generally requires no permit) and work predating 1983 would not appear here. This is a verified query result, not a failed lookup.
4-point — last permit
- Roofnone on record
- Electricalnone on record
- Plumbingnone on record
- HVACnone on record
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-08-13. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
15061 SW 296TH, Homestead FL 33033, Homestead, FL
ARV is seeded from the asking price, not from comps — enter your own after-repair value. We are rebuilding comparable-sale selection so it no longer references the ask, and we will not pre-fill this field from an estimate we are not publishing.
Recommended max offer
$104,183
Room vs list (above list)
$404,817
Est. equity
-$287,355
-56% of ARV, at list
ROC at list
-36%
Est. all-in at list
$796,355
list + rehab + txn + carry
70% rule MAO
$140,800
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.