Homestead, FL 33030

Homestead, FL 33030 is a property. The property is currently owned by 500 SOUTH DEVELOPMENT 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 2021-03-31 for $471,200, when INTERAMERICAN BANK FSB sold to 500 SOUTH DEVELOPMENT LLC. The property sold for $178,800 less than the prior sale of $650,000 on 2005-08-01. The 2025 assessed value is $650,051 with a market value of $1,241,835.

This breaks down to $1,236,416 for the land and $5,419 for the building. The assessed value increased 10% from $590,956 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.

The complete ownership history of this property spans from 2005 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 138% 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..