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$595,000
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Property Description
Take advantage of the ONCE IN A LIFETIME assumable 2.7% INTEREST RATE! Welcome to this beautifully upgraded 4 Bedroom, 3.5 Bathroom lakefront home located in the desirable Riviera community of Homestead. This spacious residence features large living spaces and bedrooms, upgraded tile flooring, and a well-designed layout ideal for modern living. In addition to the primary suite, the home offers a secondary master bedroom / junior suite with its own private bathroom and walk-in closet, perfect for guests or multi-generational living. Enjoy tranquil lake views from the backyard, complete with upgraded pavers in the backyard ideal for relaxing or entertaining. Additional upgrades include a whole-home water purification system and whole home solar panel system, offering both comfort and energy efficiency. The Riviera is a well-maintained community offering resort-style amenities, including a clubhouse, beach entry style pool and spa, pool side cabanas, fitness center, and recreational areas for walking and parks, in a safe and secure gated community all conveniently located near shopping, dining, schools, health care and major highways. This move-in-ready lakefront home combines space, upgrades, and lifestyle - a must see.
Full Property Details
Full Property Details for 1388 SE 27th Terrace
General
- Price: $595,000
- HOA FEE: $236/month
- Taxes: $10,106 (2025)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11953748
- Updated: 1/27/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Pantry, Roman Tub, Walk-In Closet(s), Family Room
- Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Water Softener Owned
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
Other Rooms
- Living Room: Family Room Sq. Ft.
Additional Information
- Shared Pool: Yes
- Security/Safety: Smoke Detector
Exterior
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Guest, Paver Block
Location
- Area: The Riviera
- County: Miami-Dade County
- Subdivision: The Riviera
- Building Name: The Riviera
- Direction Faces: South
Community
- Community Name: The Riviera
- Gated community: Yes
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached, Two Story
- Structure Type: House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Flat Tile
- Windows: Blinds
- Building Size: 3120
- Square Feet: 2,655
- Living Area: 2,655 Sq. Ft.
- Year Built: 2021
Lot Features
- Property View: Lake
- Lot Size (Sq. Ft.): 4,203
- Frontage Feet: 50
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 9300
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: WF/No Ocean Access, Lake
Financial Considerations
- Price Per Sq. Ft.: $224.11
- Association Fee: $236
- Assoc Fee Freq.: Monthly
- Tax Amount: $10,106
- Tax Year: 2025
- Terms: Assumable, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: KEYS GATE RESIDENTIAL PB 174-097 T-24280 LOT 2 BLK 42 LOT SIZE 4203 SQ FT M/L FAU 10-7921-001-0050-0182-0230 & 0233
- Restrictions: Assoc Approval Required
- Inclusions: None
- Property ID: 10-79-21-028-4360
Listed by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 1388 SE 27th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Gateway Environmental K-8 Learning Center 955 Se 18th Ave, Homestead, FL 33035 | PK-5 | 1 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 3.3 mi |
Homestead Senior High School 2351 Southeast 12th Avenue, Homestead, FL 33034 | 9-12 | 1.6 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 1388 SE 27th Terrace
Date
Details
Price
Change
Source
1/27/2026
Listed
$595,000
46.73%
MLS
7/02/2021
Sold
$405,500
—
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 1388 SE 27th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,240
2%
$422,929
3%
2023
$10,030
204%
$410,611
651%
2021
$3,294
-66%
$54,639
-86%
2022
$9,700
—
$398,652
—
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 1388 SE 27th Terrace
1388 SE 27th Ter, Homestead, FL 33035 (MLS# A11953748) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 1388 SE 27th Ter is currently listed for $595,000 and was received on January 27, 2026. Want to learn more about 1388 SE 27th Ter? Do you have questions about finding other Single Family real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

