Atlantic Luxury AdvisorsKeller Williams Realty Services

41 photos

1242 SE 16th Ave

Homestead, FL 33035

$515,000
4
3
1,968 sq ft
10,337 sq ft
2003
2 car
Single Family Residence
$285/mo
1
Active

Listing courtesy of LPT Realty, LLC. Contact: 877-366-2213.

About this home

Welcome to this spacious 4-bedroom, 3-bathroom home featuring a desirable split floor plan and 2-car garage, nestled in a quiet, friendly gated community! Situated on one of the largest waterfront lots in the neighborhood, the oversized backyard offers beautiful water views and plenty of space for a pool and outdoor entertaining. Features include a newly renovated kitchen, a new whole-house water softener system, a 3-year-old AC unit, and a roof certified with an estimated 7 years of remaining life. The rest of the home offers a great opportunity to add your personal touch! Low HOA fees include a guarded gate, security patrol, cable, high-speed internet, alarm services. A separate membership to the Royal Palm Clubhouse can be purchased.

Virtual tour
What it costs to own
Estimated monthly payment
$3,944/mo
Principal and interest
$2,604
Property tax
$730
Homeowners insurance
$325
HOA
$285

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$8,763/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$285/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.