171 NW 8 ST, Homestead, FL 33030

Parcel: 1078120030561 · Multifamily 2-9 Units · 2 Living Units · Zoning: 6800

Assessed Value (2025)
$171,814

Property Details

Beds
2
Baths
2
Living Sqft
1,260
Year Built
1955
Lot Sqft
6,438
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$200,000
2007-03-01
2
$1,100-99%
2013-02-01
DANIEL OROZCOFEDERAL NATIONAL MORTGAGE ASSN
3
$74,000+6627%
2014-01-16
FEDERAL NATIONAL MORTGAGE ASSNCERROS INVESTMENT GROUP LLC

Tax Assessment History

$171,814
Assessed (2025)
$358,035
Market Value
$171,814
Taxable Value
$3,498
Annual Tax
2024
$156,195
$314,865
2025
$171,814
$358,035
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $171,814 $358,035 $171,814 $3,498
2024 $156,195 $314,865 $156,195 $3,180

About 171 NW 8 ST, Homestead, FL 33030

171 NW 8 ST, Homestead, FL 33030 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1955 with 1,260 square feet of living space on a 6,438 square foot lot. The property is currently owned by CERROS INVESTMENT GROUP LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2014-01-16 for $74,000, when FEDERAL NATIONAL MORTGAGE ASSN sold to CERROS INVESTMENT GROUP LLC. The property has appreciated $72,900 (6627%) since the prior sale of $1,100 on 2013-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $171,814 with a market value of $358,035. This breaks down to $225,330 for the land and $132,705 for the building. The assessed value increased 10% from $156,195 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $31,316, and the median home value is $364,800.

The population density is 10,988 people per square mile. 171 NW 8 ST, Homestead, FL 33030 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2007 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 232% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $59 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

CERROS INVESTMENT GROUP LLC
2432 SW 18 STREET, MIAMI, FL, 33145
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,461 — $4,579
Flood $400 — $800
Property/Wind $2,061 — $3,779

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$31,316
Median Home Value$364,800
Pop. Density10,988/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
Zoom in to see property sales