1049 NE 40 RD, Homestead, FL 33033

Parcel: 1079100310690 · Residential - Single Family · Cluster Home · Zoning: 9300

Assessed Value (2025)
$426,033

Property Details

Beds
5
Baths
2
Living Sqft
2,063
Year Built
2006
Lot Sqft
3,600
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$346,900
2006-10-01
2
$350,000+1%
2024-12-05
WILLIAM J RHODESBLUE THIN LINE GROUP LLC
3
$350,000
2024-12-11

Tax Assessment History

$426,033
Assessed (2025)
$426,033
Market Value
$426,033
Taxable Value
$8,674
Annual Tax
2024
$312,672
$402,178
2025
$426,033
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $426,033 $426,033 $426,033 $8,674
2024 $312,672 $402,178 $312,672 $6,366

About 1049 NE 40 RD, Homestead, FL 33033

1049 NE 40 RD, Homestead, FL 33033 is a 5-bedroom, 2-bathroom residential - single family : cluster home built in 2006 with 2,063 square feet of living space on a 3,600 square foot lot. The property is currently owned by BLUE THIN LINE GROUP LLC, 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 2024-12-11 for $350,000. There are 3 recorded sales for this property. The 2025 assessed value is $426,033 with a market value of $426,033.

This breaks down to $118,801 for the land and $307,232 for the building. The assessed value increased 36% from $312,672 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. There are active mortgage liens totaling $300,000 recorded against this property. 1049 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 2006 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $170 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

BLUE THIN LINE GROUP LLC
261 W 23 ST, HIALEAH, FL, 33016
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: G&G CORPORATE SERVICES
View on Sunbiz →

Est. Annual Insurance

$2,956 — $5,060
Flood $400 — $800
Property/Wind $2,556 — $4,260

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
$300,000
"WILLIAM J RHODES, ET AL" · 2024-12-11
Est. Total Balance $300,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales