450 NE 1 RD, Homestead, FL 33030

450 NE 1 RD, Homestead, FL 33030 is a utility : utility built in 1950 with 3,616 square feet of living space on a 14,100 square foot lot. The property is currently owned by CUTLER BAY COMMERCE CENTER LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-03-08 for $175,000, when VERTICAL BRIDGE AM II LLC sold to CUTLER BAY COMMERCE CENTER LLC. There are 3 recorded sales for this property. The 2025 assessed value is $382,935 with a market value of $385,300.

This breaks down to $282,000 for the land and $103,300 for the building. The assessed value increased 10% from $348,123 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.

450 NE 1 RD, 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 2019 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 219% 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 $48 per square foot — a key metric for comparing value across Homestead's real estate market..