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3940 NE 10th Drive, Homestead, FL 33033
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0 Days on Market
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How this price compares

List price
$450,000
Price per sq ft
$218
Vs. nearby sales
21.9% below
Days on market
N/A

This 5-bedroom single-family home in Portofino Palms is listed at $450,000, or $218 per square foot. The 6 most recent single-family home sales in the closings shown below sold at a median of $279 per square foot, so the asking price is 21.9% below what comparable homes here actually sold for.

5
Bedrooms
4
Bathrooms
2,063
Living Sq Ft
2006
Year Built

Estimated monthly payment

$2,365 /mo

Principal and interest only, based on $90,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $135/mo HOA are not included.

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Listing Snapshot

Price
$450,000
Days on Site
0 Days
Bedrooms
5
Total Baths
4
Full Baths
3
Partial Baths
1
Living Area
2,063 sqft
Total Sq Ft
2,617 sqft
Lot Size
0.08 Acres
Year Built
2006
Property Type
Single Family
MLS #
A12098806
Property Tax
$11,800 (2025)
HOA Fees
$135 / Monthly
Subdivision
PORTOFINO PALMS
Development
Waterstone
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Welcome to Portofino Palms in the desirable Waterstone Community! This spacious home features a stunning façade and excellent curb appeal, high ceilings, and a large 2-car garage offering plenty of room for vehicles, storage, hobbies, or additional uses. The first floor includes a convenient half bath, spacious living room with two large windows providing abundant natural light. There is also a primary suite with a full bathroom and dual sinks on the first floor. The generously sized kitchen offers plenty of flexibility with room for an island, small breakfast table and chairs, additional cabinetry, or an expanded pantry. Upstairs, you'll find four spacious bedrooms, two additional full bathrooms, and a full-size washer and dryer closet. Located in a well-maintained, private gated community with a low HOA, residents enjoy outstanding amenities including tranquil walking paths, community pool, fitness center, playground, and much more. Priced to sell, and with a little TLC, this home has tremendous potential to quickly become your dream home! And best of all - it's in the Heart of Homestead! EASY TO SHOW!!!

Virtual Tour

General Features

Property Type
Single Family
Status
Active
Year Built
2006
Property Condition
Fixer
Number of Stories
2
Levels
Two / Multi Split
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Covered / Driveway / Garage / Paver Block
Direction Faces
North
Lot Size (Acres)
0.08
Living Sq Ft
2,063
Total Sq Ft
2,617
Sewer
Public Sewer
Water Source
Public
Zoning
9300

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Laminate / Tile
Interior Features
Bathtub / Dual Sinks / Family Dining Room / High Ceilings / Kitchen Dining Combo / Living Dining Room / Main Level Primary / Other / Split Bedrooms / Soaking Tub / Separate Shower / Tub Shower
Windows
Blinds / Metal / Single Hung
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Stucco
Roof
Barrel / Spanish Tile
Exterior Features
Outdoor Living Area
Architectural Style
Split Level
Pool Features
Association
Patio & Porch
Patio
Lot Features
Fruit Trees
Waterfront Features
None
View
Garden

Community & HOA

HOA Fee
$135 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Recreation Facilities / Security
Association Amenities
Clubhouse / Fitness Center / Gated / Management / Maintenance / Picnic Area / Pool / Sidewalks
Community Features
Home Owners Association / Property Manager On Site / Street Lights
Utilities
Cable Available
Pets Allowed
Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Ok To Lease / Rental Restriction
MLS Area
2790

This home's HOA fee works out to $135 a month, 8% above the $125 median across 4 homes for sale in Portofino Palms. See Portofino Palms HOA fees

Schools

Elementary School
Mandarin Lakes K-8 Academy
Middle School
Redland
High School
Homestead

Portofino Palms is a community in Homestead, Miami-Dade County, Florida. Active listings are priced from $395,000 to $505,000. Homes were built between 2005 and 2006. Pure Equity lists homes in Portofino Palms and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
4
Median List Price
$472,500
Median $/Sq Ft
$242
Avg Days on Market
88
View all 4 homes for sale in Portofino Palms →
How do I schedule a tour of 3940 NE 10th Drive, Homestead, FL 33033?
Use the Tour button on this listing to request a showing of 3940 NE 10th Drive, Homestead, FL 33033. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 3940 NE 10th Drive, Homestead, FL 33033 still available?
3940 NE 10th Drive, Homestead, FL 33033 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 3940 NE 10th Drive, Homestead, FL 33033?
With 20% down ($90,000) on the $450,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3940 NE 10th Drive, Homestead, FL 33033 is about $2,365/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 3940 NE 10th Drive, Homestead, FL 33033?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3940 NE 10th Drive, Homestead, FL 33033. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 3940 NE 10th Drive, Homestead, FL 33033 have an HOA fee?
Yes: 3940 NE 10th Drive, Homestead, FL 33033 carries an HOA fee of about $135 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 3940 NE 10th Drive, Homestead, FL 33033?
3940 NE 10th Drive, Homestead, FL 33033 is zoned for Mandarin Lakes K-8 Academy (elementary), Redland (middle), Homestead (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 3940 NE 10th Drive, Homestead, FL 33033?
Often, yes. The right offer on 3940 NE 10th Drive, Homestead, FL 33033 depends on how it's priced against comparable single family sales in Homestead, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of The Keyes Company

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 2, 2026.

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Listed by Kevin Bernhardt, The Keyes Company

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