Opportunity like this doesn’t come around often. Oversized 5-BDRM 2BTH POOL home has significant upside potential. Features a permitted addition w/ second kitchen for multi-generational living, rental income. Sold AS-IS & ideal for investors, flippers, or buyers looking to renovate & build equity. Large sqft compared to other homes gives strong ARV potential. Screened front porch, covered/screened rear patio. Functional layout with multiple living areas and expansion possibilities. Great opportunity to reposition, rent, or customize in a growing market. Priced accordingly. Bring your vision.
Listing Provided Courtesy of Premier Investments Realty at 800-299-1580
Property Details
Price:
$500,000
MLS #:
B26005984
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALMLAND HOMES SOUTH NO 3
Neighborhood:
2790
Listed Date:
Mar 23, 2026
Finished Sq Ft:
2,270
Total Sq Ft:
2,694
Lot Size:
326,700,000 sqft / 0.17 acres (approx)
Year Built:
1969
See this Listing
Schools
Elementary School:
Irving & Beatrice Peskoe K-8
Middle School:
Redland
High School:
Homestead
Interior
Appliances
Range, Dishwasher, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Flooring
Ceramic Tile, Concrete, Tile, Vinyl
Heating
Central
Interior Features
Kitchen Island, Storage
Laundry Features
Inside, Laundry Room
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
5
Exterior
Architectural Style
Ranch, Other
Attached Garage YN
1
Construction Materials
CBS, Stone, Stucco
Covered Spaces
2
Direction Faces
North
Fencing
Back Yard, Fenced, Gate
Other Structures
Shed(s)
Parking Features
Attached, Attached Carport, Carport, Driveway
Parking Spots
6
Parking Total
6
Patio And Porch Features
Porch – Screened, Patio – Screened, Patio – Open, Patio – Covered, Porch, Patio, Deck
Roof
Shingle
Stories
1
Financial
Tax Year
2025
Map
Community
- Address15042 SW 297th Terrace Homestead FL
- SubdivisionPALMLAND HOMES SOUTH NO 3
- CityHomestead
- CountyMiami-Dade
- Zip Code33033
Subdivisions in Homestead
- BAYWINDS OF ABACO
- CALI GREENS
- Campo Bello
- Cedar Pointe
- FERNANDOS PLACE
- KEYS GARDEN
- Lake Victoria TownhomesCAMBRIDGE ESTATES FIRST ADDITION
- MIAMI LAND & DEV COS SUB
- PINE ISLE
- PORTOFINO POINTE
- RIVIERA GRANDE ESTATES SUB
- ROOSEVELT HOMESITES
- SILVER PALM WEST
- SKY VISTA
- STEIN ASSEMBLANGE
- TOWNGATE CONDO THREE
- TOWNGATE NORTH
- VENICE AT CRYSTAL LAKES C
- VILLAS AT PORTOFINO EAST
Market Summary
Current real estate data for Single Family in Homestead as of Jun 04, 2026
38
Single Family Listed
111
Avg DOM
328
Avg $ / SqFt
$805,931
Avg List Price
Property Summary
- Located in the PALMLAND HOMES SOUTH NO 3 subdivision, 15042 SW 297th Terrace Homestead FL is a Single Family for sale in Homestead, FL, 33033. It is listed for $500,000 and features 5 beds, 2 baths, and has approximately 2,270 square feet of living space, and was originally constructed in 1969. The current price per square foot is $220. The average price per square foot for Single Family listings in Homestead is $328. The average listing price for Single Family in Homestead is $805,931.
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