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16705 SW 298th Ter, Homestead, FL, 33030

3beds
2baths
1,075sqft
$490,000
$456price/sqft
$3,383/moest. monthly cost
$135,320/yrincome needed

About This Home

Spacious Lot + Major Upgrades + No HOA in Homestead! Welcome to 16705 SW 298th Ter — a charming 3-bedroom, 2-bath home situated on an oversized 8,690 sq ft lot in the established So Highland Estates neighborhood. This property features major recent upgrades, including a brand-new roof and new A/C system, providing peace of mind and long-term value. The kitchen has been beautifully renovated, offering modern finishes and a functional layout perfect for everyday living and entertaining. Step outside to enjoy a spacious backyard with mature fruit trees, adding natural beauty, shade, and the opportunity to enjoy fresh, homegrown fruit. With no HOA, you’ll have the flexibility to expand, park multiple vehicles, add storage, or personalize the space to fit your needs. New Roof New A/C Renovated Kitchen Mature Fruit Trees Large Lot No HOA Seller is motivated — excellent opportunity for first-time buyers, investors, or anyone looking for a move-in-ready home with room to grow. Schedule your private showing today!

Getting Around

65
WalkingSomewhat Walkable
37
TransitSome Transit
64
BikeBikeable

Schools

8/10
Avocado Elementary SchoolGrades PK-30.4 mi
3/10
South Dade Middle SchoolGrades 4-82.9 mi
3/10

Construction

Condition

  • Year built: 1956

Materials

  • Roof: Shingle
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Microwave,Electric Range,Refrigerator,Washer
  • Laundry features: Laundry Room,Washer/Dryer Hook-Up

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,555
  • Total interior livable area: 1,075 sqft

Property

Details

  • Parcel number: 3079070350140
  • Zoning: 0100

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Fencing: Fenced
  • Has view: Yes
  • View description: Garden
  • Residential vegetation: Fruit Trees

Lot

  • Lot size: 8,690 sqft
  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2
  • Parking features: Additional Spaces Available,Covered,Driveway
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,477$29,724
Home Insurance *$379$4,548
Property Taxes $330$3,960
Electricity $197$2,366
Total$3,383$40,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,988/yr
40% on housing$101,490/yr
45% on housing$90,213/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$456This listing

vs Other Active Listings

Avg $/sqft

ZIP 33030$294
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33030$340
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for rent$3,100
2026-03-05Price change$490,000
2026-02-05Listed for sale$532,000
2001-08-07Sold$90,000
1996-08-26Sold$74,500

For Sale by Agent

AgentDenisse Camacho
BrokerageCore Realty Associates, Inc.

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