550 N FLAGLER AVE, Homestead, FL 33030

Parcel: 1079180000243 · Vacant Governmental · Extra Fea Other Than Parking · Zoning: 6500

Assessed Value (2025)
$592,699

Sales History

1
$600,000
2003-03-01
2
$340,800-43%
2011-12-16
JOSE R ROMERO/MIAMI DADE COLLEGEMIAMI DADE COLLEGE

Tax Assessment History

$592,699
Assessed (2025)
$851,388
Market Value
$0
Taxable Value
2024
$538,818
$851,509
2025
$592,699
$851,388
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $592,699 $851,388 $0
2024 $538,818 $851,509 $0

About 550 N FLAGLER AVE, Homestead, FL 33030

550 N FLAGLER AVE, Homestead, FL 33030 is a property. The property is currently owned by MIAMI DADE COLLEGE LEGAL DEPT BLDG 1, 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 2011-12-16 for $340,800, when JOSE R ROMERO/MIAMI DADE COLLEGE sold to MIAMI DADE COLLEGE. The property sold for $259,200 less than the prior sale of $600,000 on 2003-03-01. The 2025 assessed value is $592,699 with a market value of $851,388.

This breaks down to $843,201 for the land and $8,187 for the building. The assessed value increased 10% from $538,818 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 $32,204, and the median home value is $402,400. The population density is 6,392 people per square mile.

550 N FLAGLER AVE, Homestead, FL 33030 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 2003 to 2011, with 2 recorded transactions in the public record.

The current assessed value represents 174% 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..

Current Owner

MIAMI DADE COLLEGE LEGAL DEPT BLDG 1
300 N E 2 AVE ROOM 1410 4TH FL, MIAMI, FL, 33132
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$6,326 — $11,468
Flood $400 — $800
Property/Wind $5,926 — $10,668

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$32,204
Median Home Value$402,400
Pop. Density6,392/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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