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About This Home

Welcome to this beautifully maintained 4-bedroom, 2-bathroom home in the desirable Villas of Palm Bay community in Homestead. Move-in ready and thoughtfully updated, this one-story residence features a new roof and A/C installed in 2023, offering added value and peace of mind. Situated on a spacious 5,000-square-foot fenced lot, the property provides plenty of outdoor space for entertaining, gardening, pets, or simply relaxing in your own private backyard. The functional single-story layout offers comfortable everyday living and flexible use of space. Conveniently located near schools, parks, shopping, dining, Baptist Hospital, Homestead Air Reserve Base, and the Florida Turnpike, this home also offers easy access to Biscayne National Park and the Florida Keys. Enjoy a location that combines comfort, convenience, and easy access to everything South Florida has to offer.

Facts & Features

62 details
Overview
Price / Sq Ft
$323
List Price
$360,000
Bedrooms
4
Bathrooms
2
Full Baths
2
Total Rooms
2
Living Area
1,116 sq ft
Lot Size
4,792 sq ft
Year Built
1994
Stories
1
Property Type
Residential
Sub-Type
Single Family Residence
Standout Features
City SewerCity WaterFenced YardGatedMetal RoofMove-In ReadyNew A/CNew RoofShort Sale / REO
Interior Features
Cooling
Central Air
Heating
CentralElectric
Flooring
Tile
Interior Features
Bedroom Layout - SplitBuilt-in FeaturesCloset CabinetryHigh CeilingsWalk-In Closet(s)
Appliances
DryerElectric RangeMicrowaveRefrigeratorWasher
Windows
BlindsSliding
HVAC Year
2023
Exterior & Construction
Direction Faces
South
Zoning
9300
Exterior Features
Lighting
Patio & Porch
Patio
Construction
Other
Roof
AluminumFiberglass
Fencing
Fenced
View
Direct OceanGarden
Roof Year
2023
Parking & Garage
Parking Features
DrivewayPaver Block
Community & HOA
HOA
Yes
HOA Fee
$150
HOA Fee Frequency
Monthly
Community Amenities
GatedPoolSidewalksStreet LightsTennis Court(s)
Fee Includes
Common Areas
Utilities & Green Energy
Utilities
Cable Available
Water Source
Public
Sewer
Public Sewer
Location & Schools
Address
738 SW 7th Terrace, Florida City, FL 33034
City
Florida City
County
Miami-Dade
Zip Code
33034
Subdivision
VILLAS OF PALM BAY
Elementary School
Florida City
Middle School
Homestead
High School
Homestead
State
FL
Financial & Tax
Special Conditions
Short Sale
Annual Tax
$5,611
Parcel Number
1678250180080
Listing & MLS
MLS #
A12046741
Listing Agent
Jonathan Vargas Luciano
Listing Office
Keller Williams Dedicated Professionals
Listing Updated
Jul 23, 2026
Additional Details
Levels
One
Postal Code Plus4
5632
Mls Area Major
2780
Lot Size Area
5,000
Photos Count
37
Property Type Label
Residential
Permit Internet
Yes
Is New Listing
Yes

Monthly Cost

$2,618/mo

Estimated with 20% down ($72,000), 30-yr fixed at 6.5%

Principal & interest
$1,820
Property taxes
$468
Home insurance
$180
HOA
$150
Customize this payment

Estimate only — not a loan offer or pre-approval. Taxes from the latest county tax bill; insurance estimated at 0.6% of price per year.

Price & Status History

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History shown as reported by BeachesMLS. Information deemed reliable but not guaranteed.

Schools

Elementary

Florida City

Middle / Jr High

Homestead

High School

Homestead

School assignments can change — verify enrollment eligibility directly with the school district.

Location & Flood Zones

738 SW 7th Terrace, Florida City, FL 33034

Florida City, FL 33034

VILLAS OF PALM BAY

4
Beds
2
Baths
1.1K
Sq Ft

HOA

$150 / Monthly

Listed by

Jonathan Vargas Luciano

Keller Williams Dedicated Professionals

MLS #A12046741. Information deemed reliable but not guaranteed. Listing information last updated Jul 23, 2026.

Estimate Your Payment

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Down Payment20% ($72,000)
Loan Term
Interest Rate6.500%
Est. monthly payment$2,618
Principal & interest
$1,820
Property taxes
$468
Home insurance
$180
HOA
$150
Loan amount
$288,000

Taxes based on the latest county tax bill ($5,611/yr). Insurance estimated at 0.6% of price per year. Estimate only — not a loan offer or pre-approval.