1405 NE 8 ST, Homestead, FL 33033

Parcel: 1079080000331 · EDUCATIONAL/SCIENTIFIC - EX : EDUCATIONAL - PRIVATE · Zoning: 6300

Assessed Value (2025)
$1,138,892

Property Details

Living Sqft
5,050
Year Built
1947
Lot Sqft
36,694
Stories
1
EDUCATIONAL/SCIENTIFIC - EX : EDUCATIONAL - PRIVATE

Sales History

1
N/Anon-market transfer
1992-02-01
2
$307,300
2008-11-16
SCAFFORD W OUTAROUTAR INVEST CO LLC
3
$725,000+136%
2014-09-30
OUTAR INVEST CO LLCNIMA INVESTMENTS LLC

Tax Assessment History

$1,138,892
Assessed (2025)
$1,580,494
Market Value
$0
Taxable Value
2024
$1,035,357
$1,582,899
2025
$1,138,892
$1,580,494
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,138,892 $1,580,494 $0
2024 $1,035,357 $1,582,899 $0

About 1405 NE 8 ST, Homestead, FL 33033

1405 NE 8 ST, Homestead, FL 33033 is a educational/scientific - ex : educational - private built in 1947 with 5,050 square feet of living space on a 36,694 square foot lot. The property is currently owned by NIMA INVESTMENTS 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 2014-09-30 for $725,000, when OUTAR INVEST CO LLC sold to NIMA INVESTMENTS LLC. The property has appreciated $417,700 (136%) since the prior sale of $307,300 on 2008-11-16. There are 3 recorded sales for this property.

The 2025 assessed value is $1,138,892 with a market value of $1,580,494. This breaks down to $1,284,290 for the land and $296,204 for the building. The assessed value increased 10% from $1,035,357 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 $49,375, and the median home value is $360,400.

The population density is 4,842 people per square mile. 1405 NE 8 ST, Homestead, FL 33033 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 1992 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 157% 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 $144 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

NIMA INVESTMENTS LLC
11095 SW 84 CT, MIAMI, FL, 33156
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$14,066 — $25,855
Flood $400 — $800
Property/Wind $13,666 — $25,055

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$49,375
Median Home Value$360,400
Pop. Density4,842/sq mi

Neighborhood 33033

19%
Corp-Owned
38.1%
Investor
341
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
27
View full risk analysis →
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