505 N FLAGLER AVE, Homestead, FL 33030

Parcel: 1079180081350 · Automotive Or Marine · Automotive Or Marine · Zoning: 6600

Assessed Value (2025)
$596,593

Property Details

Living Sqft
544
Year Built
1967
Lot Sqft
30,000
Stories
1
AUTOMOTIVE OR MARINE : AUTOMOTIVE OR MARINE

Sales History

1
$100non-market transfer
2012-02-06
MONTY R FALLSMONTY R FALLS LE
2
$550,000
2021-11-19
MONTY R FALLS LEALIF HOMESTEAD PROPERTY LLC
3
$550,000
2021-11-23
4
$550,000
2022-10-04
ALIF HOMESTEAD PROPERTY LLCARMANDO LLIZO MARTINEZ

Tax Assessment History

$596,593
Assessed (2025)
$1,393,838
Market Value
$596,593
Taxable Value
$12,146
Annual Tax
2024
$542,358
$644,036
2025
$596,593
$1,393,838
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $596,593 $1,393,838 $596,593 $12,146
2024 $542,358 $644,036 $542,358 $11,042

About 505 N FLAGLER AVE, Homestead, FL 33030

505 N FLAGLER AVE, Homestead, FL 33030 is a automotive or marine : automotive or marine built in 1967 with 544 square feet of living space on a 30,000 square foot lot. The property is currently owned by ARMANDO LLIZO MARTINEZ, 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 2022-10-04 for $550,000, when ALIF HOMESTEAD PROPERTY LLC sold to ARMANDO LLIZO MARTINEZ. There are 4 recorded sales for this property. The 2025 assessed value is $596,593 with a market value of $1,393,838.

This breaks down to $1,350,000 for the land and $43,838 for the building. The assessed value increased 10% from $542,358 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.

There are active mortgage liens totaling $357,000 recorded against this property. 505 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 2012 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 108% of the most recent sale price. Based on the most recent sale, this property traded at $1011 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

ARMANDO LLIZO MARTINEZ
21055 SW 187 AVE, MIAMI, FL, 33187
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$7,559 — $13,925
Flood $400 — $800
Property/Wind $7,159 — $13,125

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 →

Mortgages

ACTIVE
$357,000
BENFAM HOLDINGS PR LLC · 2021-11-23
Est. Total Balance $357,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales