2118 NE 40 RD, Homestead, FL 33033

Parcel: 1079100050780 · Residential - Single Family · Cluster Home · Zoning: 9300

Assessed Value (2025)
$142,914

Property Details

Beds
4
Baths
2
Living Sqft
1,967
Year Built
2003
Lot Sqft
6,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$187,460
2003-11-01
2
$430,000+129%
2007-03-01
3
$132,000-69%
2010-11-24
YADELIN PEREZROLANDO OTERO

Tax Assessment History

$142,914
Assessed (2025)
$429,299
Market Value
$92,192
Taxable Value
$1,877
Annual Tax
2024
$138,887
$400,140
2025
$142,914
$429,299
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $142,914 $429,299 $92,192 $1,877
2024 $138,887 $400,140 $88,887 $1,810

About 2118 NE 40 RD, Homestead, FL 33033

2118 NE 40 RD, Homestead, FL 33033 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2003 with 1,967 square feet of living space on a 6,000 square foot lot. The property is currently owned by ROLANDO OTERO, 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 2010-11-24 for $132,000, when YADELIN PEREZ sold to ROLANDO OTERO. The property sold for $298,000 less than the prior sale of $430,000 on 2007-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $142,914 with a market value of $429,299. This breaks down to $132,000 for the land and $297,299 for the building. The assessed value increased 3% from $138,887 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $76,762, and the median home value is $354,100. The population density is 10,162 people per square mile.

There are active mortgage liens totaling $23,180 recorded against this property. 2118 NE 40 RD, Homestead, FL 33033 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 2003 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 108% of the most recent sale price. Based on the most recent sale, this property traded at $67 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

ROLANDO OTERO
2118 NE 40 ROAD, HOMESTEAD, FL, 33033
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$76,762
Median Home Value$354,100
Pop. Density10,162/sq mi

Neighborhood 33033

61.9%
Owner-Occ
38.1%
Investor
247
Flips (4yr)
3,460
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$24,506
~$23,180 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-10-27
Est. Total Balance $23,180
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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