1222 NE KROME TER, Homestead, FL 33030

1222 NE KROME TER, Homestead, FL 33030 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1964 with 2,688 square feet of living space on a 6,000 square foot lot. The property is currently owned by JY PROPERTY MANAGEMENT OF HOMESTEAD INC, 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 2025-04-15 for $920,000. There are 4 recorded sales for this property. The 2025 assessed value is $365,401 with a market value of $490,280.

This breaks down to $132,000 for the land and $358,280 for the building. The assessed value increased 10% from $332,183 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 $32,204, and the median home value is $402,400. The population density is 6,392 people per square mile.

1222 NE KROME TER, 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 2014 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 40% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $342 per square foot — a key metric for comparing value across Homestead's real estate market..