1240 SE 31 CT 205-32, Homestead, FL 33035

Parcel: 1079290101060 · Residential · Condominium - Residential · Zoning: 9300

Assessed Value (2025)
$133,233

Property Details

Beds
2
Baths
2
Living Sqft
815
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$105,990
2004-09-01
2
$155,000+46%
2005-04-01
3
$130,000-16%
2020-10-30
WILLIAM M STRAVERSFERNANDO LENCINA

Tax Assessment History

$133,233
Assessed (2025)
$183,243
Market Value
$133,233
Taxable Value
$2,713
Annual Tax
2024
$121,121
$183,243
2025
$133,233
$183,243
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $133,233 $183,243 $133,233 $2,713
2024 $121,121 $183,243 $121,121 $2,466

About 1240 SE 31 CT 205-32, Homestead, FL 33035

1240 SE 31 CT 205-32, Homestead, FL 33035 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 815 square feet of living space. The property is currently owned by FERNANDO LENCINA MARIA MAGDALENA GRASSO, 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 2020-10-30 for $130,000, when WILLIAM M STRAVERS sold to FERNANDO LENCINA. The property sold for $25,000 less than the prior sale of $155,000 on 2005-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $133,233 with a market value of $183,243. The assessed value increased 10% from $121,121 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $62,441, and the median home value is $203,300. The population density is 113 people per square mile.

1240 SE 31 CT 205-32, Homestead, FL 33035 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 2004 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $160 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

FERNANDO LENCINA MARIA MAGDALENA GRASSO
1240 SE 31 CT UNIT 205, HOMESTEAD, FL, 33035
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

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$62,441
Median Home Value$203,300
Pop. Density113/sq mi

Neighborhood 33035

43.4%
Owner-Occ
56.6%
Investor
209
Flips (4yr)
1,897
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
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