24775 SW 87 AVE, Homestead, FL 33032

24775 SW 87 AVE, Homestead, FL 33032 is a county : dade county built in 1990 with 64,296 square feet of living space on a 1,805,997 square foot lot. The property is currently owned by MIAMI-DADE COUNTY PARKS AND RECREATION, 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 1976-02-01 for $1,100,000. The 2025 assessed value is $9,568,548 with a market value of $15,270,000. This breaks down to $1,507,189 for the land and $13,762,811 for the building.

The assessed value increased 10% from $8,698,680 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 $-666,666,666, and the median home value is $-666,666,666. This property currently has 7 open code violations on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

24775 SW 87 AVE, Homestead, FL 33032 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 current assessed value represents 870% 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. There is 1 active building permit on this property with a combined estimated cost of $2,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $17 per square foot — a key metric for comparing value across Homestead's real estate market..