1355 NE 1 TER, Homestead, FL 33030

1355 NE 1 TER, Homestead, FL 33030 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1986 with 1,774 square feet of living space on a 8,074 square foot lot. The property is currently owned by GREGORY COLLINS, 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 2011-12-22 for $52,000, when ORLANDO ALVAREZ sold to GREGORY COLLINS. The property sold for $197,000 less than the prior sale of $249,000 on 2007-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $229,117 with a market value of $371,210. This breaks down to $179,101 for the land and $192,109 for the building. The assessed value increased 10% from $208,289 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. 1355 NE 1 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 2005 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 441% 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 $29 per square foot — a key metric for comparing value across Homestead's real estate market..