1940 SE 24th Ter, Homestead FL 33035, HOMESTEAD, FL, 33035
Active200 days on marketListed Jan 29, 2026MLS #A11955408
About this home
1940 SE 24th Ter, Homestead FL 33035
Remodeled 2BD 2.5BA condo in the highly desirable Arbor Park community within Keys Gate Golf and Tennis Country Club, offering easy low maintenance living in a gated, friendly neighborhood with lush green views. Updated kitchen with quartz countertops, 2 year old appliances, and a spacious pantry. Tile throughout home, recessed lighting, and abundant natural light. Primary suite features dual sinks, a stand alone tub and shower, and custom closet built ins. Second bedroom is a junior suite with its own bathroom and a private balcony overlooking the garden. Includes 1 car garage plus 2 driveway spaces, separate laundry room, private fenced patio, covered front porch, and AC coils approximately 1 year old. Located directly in front of the community pool and playground just a one minute walk, making it ideal for families and everyday convenience. HOA is $690 per month and includes roof coverage, exterior insurance plus cable and internet, which are usually separate monthly bills. It also includes 24 hour gated security, a resort style pool, playground, tennis courts, and full common area maintenance. Minutes from A rated public and charter schools, BJ’s, Target, Homestead Baptist Hospital, and just 30 minutes from the Florida Keys. FHA and Conventional welcome buy with as little as 3% down. Buyer may qualify for down payment assistance up to $14,550.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,431
Sqft
1
Garage
2005
Year built
$175
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,473 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,473/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+2.1%
$/sqft vs TOWNGATE NORTH
$175 vs $194
Days on market
200 vs 57 typical
Where $175/sqft sits among the 12 homes for sale in TOWNGATE NORTH
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Homestead
Get to know Homestead. See the full Homestead guide →
HOMESTEAD 33035 — neighborhood snapshot
Population
18,756
Median age
35.6
Median income
$67,601
Median home value
$310,500
Avg household
2.95
Households w/ children
2,888
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Homestead market
$461K → $488K
Homestead median sold, yr/yr
98.9%
Sale-to-list ratio (12 mo)
0 of 12
TOWNGATE NORTH have cut their price
Median sold price, Homestead, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 10% above the HOMESTEAD 33035 median. See the full Homestead market guide →
Paper trail
This home's history
Reality check
What actually sold near 1940 SE 24th Ter
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$283,000
2352 SE 21st St, Homestead FL 33035 · same community
2 bd · 2.5 ba · 1,431 sqft · $198/sqft · 202 DOM
Sold · May ’26$258,000
1958 SE 24th Ter, Homestead FL 33035 · same community
2 bd · 2.5 ba · 1,431 sqft · $180/sqft · 56 DOM
Sold · Oct ’25$295,000
2444 SE 19th Ct, Homestead FL 33035 · same community
2 bd · 2.5 ba · 1,431 sqft · $206/sqft · 34 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1940 SE 24th Ter — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1940 SE 24th Ter — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1940 SE 24th Ter FAQs
What would the monthly payment be for 1940 SE 24th Ter, Homestead FL 33035?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,473/mo — principal and interest, the actual property-tax bill, the $300/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1940 SE 24th Ter, Homestead FL 33035?+
The association fee works out to $300 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1940 SE 24th Ter, Homestead FL 33035?+
The most recent tax bill on record (2025) was $5,172. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1940 SE 24th Ter, Homestead FL 33035?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Homestead?+
At $250,000, this home is listed about 44% below the Homestead median of $449,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1940 SE 24th Ter, Homestead FL 33035?+
Gateway Environmental K-8 Learning Center (elementary), Homestead Senior High School (high), Homestead Middle School (middle), Title I Migrant Education Program (), Instructional Center System Wide (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$250,000 runs 10% above the HOMESTEAD 33035 median.
02Garden View views
The garden view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
200 days on market against a Homestead median of 57 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $299,999, now $250,000 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Luxe Properties · Nicole De La Cruz. MLS #A11955408.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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