16525 SW 292nd Ter, Homestead, FL 33033

Price: $394,9k | ARV: $500k

HOMESTEAD | DEVELOPMENT OPPORTUNITY | OVERSIZED LOT UPSIDE

🛏 3 BED / 2 BATH
📐 1,209 Sqft
🏗 CBS Construction
📆 1972
🌴 Lot: 10,000 Sqft

💡 WHY THIS DEAL MAKES SENSE
✔️ Oversized 10,000 sqft lot = development potential
✔️ Surrounded by new construction
✔️ New roof + impact windows = reduced initial capex
✔️ High growth Homestead market
✔️ Multiple exit strategies (renovate, expand, build)

⚙️ CURRENT CONDITION
✔️ Handyman special
✔️ Solid structure
✔️ Ready for repositioning
✔️ Value add opportunity

🏡 INTERIOR POTENTIAL
✔️ Functional 3/2 layout
✔️ Renovate for rental or resale
✔️ Expand footprint or reconfigure
✔️ Strong upside with modernization

🌴 EXTERIOR VALUE DRIVERS
✔️ Large lot = expansion or redevelopment
✔️ Strong land value in growth corridor
✔️ Ideal for new construction positioning

📍 LOCATION = EXPANSION ZONE
Located in one of Homestead’s fastest-growing areas, near schools, shopping, and South Dade Park. Increasing demand driven by new development and population growth.

💰 IDEAL FOR
Development / Fix & Flip / Land Play / Long Term Hold

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📞 Call 786 250-6006