350 NE 31 TER, Homestead, FL 33033

350 NE 31 TER, Homestead, FL 33033 is a 5-bedroom, 3-bathroom residential - single family : cluster home built in 2008 with 2,170 square feet of living space on a 4,645 square foot lot. The property is currently owned by RONY CARBALLO ANA SANTOS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-08-22 for $137,500, when FEDERAL NATIONAL MORTGAGE ASSN sold to RONY CARBALLO. The property sold for $8,200 less than the prior sale of $145,700 on 2013-04-29. There are 3 recorded sales for this property.

The 2025 assessed value is $352,283 with a market value of $393,964. This breaks down to $133,998 for the land and $259,966 for the building. The assessed value increased 10% from $320,258 in 2024.

The median household income in this area is $104,151, and the median home value is $384,900. The population density is 6,643 people per square mile. There are active mortgage liens totaling $63,795 recorded against this property.

350 NE 31 TER, 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 2013, with 3 recorded transactions in the public record.

The current assessed value represents 256% 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 $63 per square foot — a key metric for comparing value across Homestead's real estate market..