The land is located in a desirable area of Homestead, Florida, with different uses zoned for up to 13 single-family homes as well as the opportunity of multifamily or condo or townhomes opportunity to be approved by Miami dade building and zoning, in 2019 plans for 38 townhouses were proposed, unique space next to Lennar Corsica and soon to be completed private school, close proximity lots sold in an off-market deals to developers for 17$ /sqf back In 2018 and 2019, great business opportunity of less than $23 the sqf.. Owner open for reasonable negotiation or to partner in business venture. for more details please reach out.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.5K
Per Month
Principal & Interest
$11.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,962
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Coconut Palm K-8 Academy
24400 SW 124th Ave
Distance between this listing and this school0.44 miles
Public Magnet Grades PK-5
5
/10
Goulds Elementary School
23555 SW 112th Ave
Distance between this listing and this school1.16 miles
Public District Grades PK-5
4
/10
Pine Villa Elementary School
21799 SW 117th Ct
Distance between this listing and this school1.75 miles
Public District Grades PK-5
Nearby Schools
7
/10
Summerville Advantage Academy
11575 SW 243rd St
Distance between this listing and this school0.54 miles
Public Charter Grades KG-8
8
/10
Somerset Academy Silver Palms
23255 SW 115th Ave
Distance between this listing and this school1.01 miles
Public Charter Grades KG-8
8
/10
Somerset Academy Silver Palms at Princeton
13390 SW 248th St
Distance between this listing and this school1.34 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Somerset Academy Charter High School
12425 SW 248th St
Distance between this listing and this school0.43 miles
Public Charter Grades 9-12
3
/10
Palm Glades Preparatory Academy High School
22655 SW 112th Ave
Distance between this listing and this school1.50 miles
Public Charter Grades 9-12
7
/10
Arthur and Polly Mays 6-12 Conservatory of The Arts
11700 SW 216th St
Distance between this listing and this school1.89 miles
The neighbors living near this home have an average income of $87,500. The most common annual income of people living in Homestead, FL is between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 24540 SW 120th Ave
What is the listing price of this property?
The listing price of 24540 SW 120th Ave property is $2,300,000.
What type of property is this?
The property 24540 SW 120th Ave is land located in Homestead, Florida, 33032.
Is this property for sale now?
Active Listing: 24540 SW 120th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,935 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 24540 SW 120th Ave in Homestead, FL and zip code 33032 in the Goulds - East neighborhood. This home sits on a 2.10 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $2,300,000.
Homestead, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 41 sold at listed price and over 56 sold below. The median list price of listings available in November 2024 was $468,680, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.