240 SE 32 TER, Homestead, FL 33033

240 SE 32 TER, Homestead, FL 33033 is a 5-bedroom, 3-bathroom residential - single family : cluster home built in 2007 with 2,170 square feet of living space on a 3,600 square foot lot. The property is currently owned by CYNTHIA E DIXON NATHALEE E WOOD, 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 2018-07-10 for $58,500, when CYNTHIA E DIXON sold to CYNTHIA E DIXON. The property sold for $78,500 less than the prior sale of $137,000 on 2010-03-25. There are 3 recorded sales for this property.

The 2025 assessed value is $137,716 with a market value of $411,311. This breaks down to $122,400 for the land and $288,911 for the building. The assessed value increased 3% from $133,835 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

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 $155,239 recorded against this property.

240 SE 32 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 2009 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 235% 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 $27 per square foot — a key metric for comparing value across Homestead's real estate market..