1402 NE 40 AVE, Homestead, FL 33033

1402 NE 40 AVE, Homestead, FL 33033 is a 6-bedroom, 3-bathroom residential - single family : cluster home built in 2005 with 3,222 square feet of living space on a 6,692 square foot lot. The property is currently owned by THOMAS F PAPSIDERO, 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 2009-08-04 for $213,400, when ABRAHAM & SWEENEY PA sold to THOMAS F PAPSIDERO. The property has appreciated $213,300 (213300%) since the prior sale of $100 on 2009-05-14. There are 3 recorded sales for this property.

The 2025 assessed value is $477,789 with a market value of $578,727. This breaks down to $144,612 for the land and $434,115 for the building. The assessed value increased 10% from $434,354 in 2024.

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. 1402 NE 40 AVE, 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 2008 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 224% 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 $66 per square foot — a key metric for comparing value across Homestead's real estate market..