1421 NE 40 AVE, Homestead, FL 33033

Parcel: 1079100250650 · Residential - Single Family · Cluster Home · Zoning: 9300

Assessed Value (2025)
$187,041

Property Details

Beds
4
Baths
3
Living Sqft
2,767
Year Built
2005
Lot Sqft
6,010
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$119,100
2010-09-15
GLORIA E RAMIREZINDYMAC BANK FSB
2
$100non-market transfer
2011-01-20
INDYMAC BANK FSBFEDERAL HOME LOAN MTG CORP
3
$160,000
2011-08-04
FEDERAL HOME LOAN MTG CORPLUIS H VALENCIA

Tax Assessment History

$187,041
Assessed (2025)
$519,486
Market Value
$136,319
Taxable Value
$2,775
Annual Tax
2024
$181,770
$480,963
2025
$187,041
$519,486
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $187,041 $519,486 $136,319 $2,775
2024 $181,770 $480,963 $131,770 $2,683

About 1421 NE 40 AVE, Homestead, FL 33033

1421 NE 40 AVE, Homestead, FL 33033 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2005 with 2,767 square feet of living space on a 6,010 square foot lot. The property is currently owned by LUIS H VALENCIA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-08-04 for $160,000, when FEDERAL HOME LOAN MTG CORP sold to LUIS H VALENCIA. The property has appreciated $159,900 (159900%) since the prior sale of $100 on 2011-01-20. There are 3 recorded sales for this property.

The 2025 assessed value is $187,041 with a market value of $519,486. This breaks down to $132,110 for the land and $387,376 for the building. The assessed value increased 3% from $181,770 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 $113,199 recorded against this property. 1421 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 2010 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 117% of the most recent sale price. Based on the most recent sale, this property traded at $58 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

LUIS H VALENCIA
1421 NE 40 AVE, 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
$117,500
~$113,199 bal.
SPACE COAST CU · 2024-12-10
1 satisfied mortgage
SATISFIED 2022-05-06
$241,300
SPACE COAST CU
Est. Total Balance $113,199
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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