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1031 Adams Ave #1031C

Homestead, FL 33034

$195,000
2
1.5
863 sq ft
1986
Condominium
$335/mo
Yes
2
Active

Listing courtesy of Keller Williams Realty Premier Properties (Jason Theriot). Contact: [email protected].

About this home

Excellent investment opportunity in the gated Lakeshore community! This beautifully remodeled 2-bedroom, 1.5-bath condominium offers approximately 863 square feet of comfortable living space and is currently tenant-occupied at $1,850 per month, providing immediate rental income for its new owner. The updated interior features modern finishes, attractive flooring, recessed lighting, and a stylish kitchen with stainless-steel appliances. A brand-new water heater adds value and peace of mind. Enjoy serene lake views from the spacious screened-in porch—the perfect place to relax and unwind. Community amenities include swimming pools, playgrounds, basketball courts, walking areas, and gated security. Conveniently located near shopping, dining, major roadways, the Florida Keys, and Everglades National Park. This remodeled, income-producing property is an excellent addition to any real estate portfolio. Please do not disturb the tenant; advance notice is required for showings.

What it costs to own
Estimated monthly payment
$1,683/mo
Principal and interest
$986
Property tax
$237
Homeowners insurance
$125
HOA
$335

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
$2,847/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.

HOA
$335/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

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

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.