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$375,000
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Property Description
Discover the perfect turn-key investment opportunity with this beautifully updated 3-bedroom, 2-bathroom townhome offering approximately 1,300 sq. ft. of comfortable living space. This property is already producing income with reliable long-term tenants in place through July 2026, making it an ideal addition to any investor's portfolio. Step inside to find tasteful renovations that blend modern style with functional living. The open-layout design creates a bright and inviting atmosphere, while updated finishes add a fresh, contemporary feel. The spacious living and dining areas are perfect for everyday comfort, and the well-appointed kitchen provides plenty of storage and workspace. All three bedrooms are generously sized, offering privacy and flexibility for tenants. Both bathrooms have been upgraded with clean, modern touches. Additional features include in-unit laundry, ample closet space, and a layout designed for low-maintenance living-perfect for hands-off investment ownership. Outside, the townhome community offers a welcoming environment with convenient access to major highways, shopping, schools, and dining options. With a solid lease in place, tasteful updates throughout, and growing rental demand in the area, this property represents a chance to secure a stable, turn-key investment with immediate returns. Don't miss this opportunity to own a fully renovated, income-producing townhome with strong rental history and long-term occupancy already secured.
Full Property Details
Full Property Details for 10997 SW 238th Terrace
General
- Price: $375,000
- HOA FEE: $160/month
- Taxes: $2,000 (2012)
- Status: Active
- Type: Townhouse
- Source: Greater_Miami
- MLS ID: A11925471
- Updated: 1/2/2026
- Added to Site: 47 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Child Play Area
- Maint. Includes: Parking, Reserve Fund, Trash Removal
- Security/Safety: Complex Fenced
Exterior
- Exterior Features: Courtyard
- Deck/Patio: Awning(s)
Parking
- Parking Features: 2 Or More Spaces
Location
- Area: Spicewood Sub
- County: Miami-Dade County
- Subdivision: SPICEWOOD SUB
- Building Name: SPICEWOOD
School Information
- Elementary School: Goulds
- Middle School: Cutler Bay
- High School: Homestead
Community
- Community Name: Spicewood Sub
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Townhouse Fee Simple, Townhouse
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 1
- Building Size: 1310
- Square Feet: 1,250
- Sq. Ft. Source: Building Plan/Survey
- Living Area: 1,250 Sq. Ft.
- Year Built: 2006
Lot Features
- Property View: None
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $300
- Association Fee: $160
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,000
- Tax Year: 2012
- Terms: All Cash, Conventional, FHA, FHA 203K
Disclosures and Reports
- Legal Description: SPICEWOOD SUB PB 161-51 T-21389 LOT 7 BLK 28 LOT SIZE 3793 SQ FT FAU 30 6019 000 0230 & 30 6020 000 0075 OR 21046-2257 022003 2 (486) COC 24
- Restrictions: No Trucks/Rv'S
- Property ID: 30-60-19-008-2080
Listed by Brown Harris Stevens
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Schools
Schools serving 10997 SW 238th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Goulds Elementary School 23555 Southwest 112th Avenue, Homestead, FL 33032 | PK-5 | 0.2 mi |
Cutler Bay Middle 19400 Gulfstream Road, Cutler Bay, FL 33157 | 6-8 | 3.1 mi |
Homestead Senior High School 2351 Southeast 12th Avenue, Homestead, FL 33034 | 9-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10997 SW 238th Terrace
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$375,000
-2.6%
MLS
12/02/2025
Listed
$385,000
427.4%
MLS
5/03/2012
Sold
$73,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10997 SW 238th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,342
11%
$291,000
14%
2023
$4,804
12%
$255,000
21%
2022
$4,297
7%
$210,000
16%
2021
$4,030
9%
$181,000
56%
2019
$3,681
7%
$116,176
10%
2018
$3,438
7%
$105,615
-22%
2017
$3,213
6%
$135,350
55%
2016
$3,032
6%
$87,286
10%
2015
$2,873
7%
$79,351
10%
2014
$2,677
12%
$72,138
10%
2013
$2,393
—
$65,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10997 SW 238th Terrace
10997 SW 238th Ter, Homestead, FL 33032 (MLS# A11925471) is a Townhouse property with 3 bedrooms and 2 full bathrooms. 10997 SW 238th Ter is currently listed for $375,000 and was received on December 02, 2025. Want to learn more about 10997 SW 238th Ter? Do you have questions about finding other Townhouse real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

