488 NE 18 AVE 107, Homestead, FL 33033

Parcel: 1079170060070 · Residential · Condominium - Residential · Zoning: 3000

Assessed Value (2025)
$126,745

Property Details

Beds
2
Baths
2
Living Sqft
856
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
1999-04-01
2
$100non-market transfer
2010-01-16
DAVID S BUFFHAMMARIA DEL MAR S INVESTMENTS INC
3
$100,000
2021-09-08
MARIA DEL MAR S INVESTMENTS INCMACARIO VELAZQUEZ
4
$100,000
2021-09-16

Tax Assessment History

$126,745
Assessed (2025)
$132,985
Market Value
$126,745
Taxable Value
$2,580
Annual Tax
2024
$115,223
$126,652
2025
$126,745
$132,985
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $126,745 $132,985 $126,745 $2,580
2024 $115,223 $126,652 $115,223 $2,346

About 488 NE 18 AVE 107, Homestead, FL 33033

488 NE 18 AVE 107, Homestead, FL 33033 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1974 with 856 square feet of living space. The property is currently owned by MACARIO VELAZQUEZ OLGA LINARES, 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 2021-09-16 for $100,000. There are 4 recorded sales for this property. The 2025 assessed value is $126,745 with a market value of $132,985.

The assessed value increased 10% from $115,223 in 2024. 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 $37,988, and the median home value is $294,200. The population density is 7,689 people per square mile. 488 NE 18 AVE 107, 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 1999 to 2021, with 4 recorded transactions in the public record. The current assessed value represents 127% 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 $117 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

MACARIO VELAZQUEZ OLGA LINARES
488 NE 18 AVE 107, HOMESTEAD, FL, 33033
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

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$37,988
Median Home Value$294,200
Pop. Density7,689/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 →
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