120 NW 2 ST, Homestead, FL 33030

Parcel: 1078130000410 · Residential - Single Family · 1 Unit · Zoning: 4802

Assessed Value (2025)
$432,346

Property Details

Beds
3
Baths
2
Living Sqft
1,842
Year Built
2001
Lot Sqft
6,704
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1994-05-01
2
$105,000
2001-01-01
3
$90,000-14%
2017-02-14
JOSE M VARELA RIGOBERTO VARELA

Tax Assessment History

$432,346
Assessed (2025)
$432,346
Market Value
$432,346
Taxable Value
$8,802
Annual Tax
2024
$223,333
$408,741
2025
$432,346
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $432,346 $432,346 $432,346 $8,802
2024 $223,333 $408,741 $173,333 $3,529

About 120 NW 2 ST, Homestead, FL 33030

120 NW 2 ST, Homestead, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2001 with 1,842 square feet of living space on a 6,704 square foot lot. The property is currently owned by RIGOBERTO VARELA LUZ M VARELA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-02-14 for $90,000, when JOSE M VARELA sold to RIGOBERTO VARELA. The property sold for $15,000 less than the prior sale of $105,000 on 2001-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $432,346 with a market value of $432,346. This breaks down to $122,892 for the land and $309,454 for the building. The assessed value increased 94% from $223,333 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 $22,438, and the median home value is $321,100.

The population density is 7,362 people per square mile. 120 NW 2 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 1994 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 480% 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 $49 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

RIGOBERTO VARELA LUZ M VARELA
26810 SW 157 AVE, HOMESTEAD, FL, 33031
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,858 — $6,852
Flood $400 — $800
Property/Wind $3,458 — $6,052

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$22,438
Median Home Value$321,100
Pop. Density7,362/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