2740 SE 7 PL, Homestead, FL 33033

Parcel: 1079160020140 · Residential - Single Family · Cluster Home · Zoning: 9300

Assessed Value (2025)
$350,298

Property Details

Beds
2
Baths
2
Living Sqft
1,548
Year Built
1989
Lot Sqft
13,488
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$123,000
1989-10-01
2
$89,500-27%
1996-01-01
3
$370,000+313%
2022-04-22
MOLLY M WHITMANLEO F WATERS JR

Tax Assessment History

$350,298
Assessed (2025)
$405,787
Market Value
$294,576
Taxable Value
$5,997
Annual Tax
2024
$340,426
$407,123
2025
$350,298
$405,787
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $350,298 $405,787 $294,576 $5,997
2024 $340,426 $407,123 $290,426 $5,913

About 2740 SE 7 PL, Homestead, FL 33033

2740 SE 7 PL, Homestead, FL 33033 is a 2-bedroom, 2-bathroom residential - single family : cluster home built in 1989 with 1,548 square feet of living space on a 13,488 square foot lot. The property is currently owned by LEO F WATERS JR GWENDOLYN O SMITH, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-04-22 for $370,000, when MOLLY M WHITMAN sold to LEO F WATERS JR. The property has appreciated $280,500 (313%) since the prior sale of $89,500 on 1996-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $350,298 with a market value of $405,787. This breaks down to $225,368 for the land and $180,419 for the building. The assessed value increased 3% from $340,426 in 2024.

The property has the following tax exemptions: homestead. 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 $83,510, and the median home value is $412,500. The population density is 5,324 people per square mile. There are active mortgage liens totaling $282,054 recorded against this property.

2740 SE 7 PL, 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 1989 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 95% of the most recent sale price. Based on the most recent sale, this property traded at $239 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

LEO F WATERS JR GWENDOLYN O SMITH
2740 SE 7 PL, HOMESTEAD, FL, 33033
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,902 — $7,105
Flood $400 — $800
Property/Wind $3,502 — $6,305

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$83,510
Median Home Value$412,500
Pop. Density5,324/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
$296,000
~$282,054 bal.
AMCAP MORTGAGE LTD · 2022-04-27
Est. Total Balance $282,054
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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