Homestead, FL 33032

Homestead, FL 33032 is a acreage not classified ag : extra fea other than parking built in 9999 on a 3,393,759 square foot lot. The property is currently owned by FLORIDA POWER & LIGHT, 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 2019-08-27 for $9,753,000, when MARIE A CHARBONNEAUX sold to FPL. The 2025 assessed value is $4,502,667 with a market value of $4,533,200. This breaks down to $4,518,780 for the land and $14,420 for the building.

The assessed value increased 10% from $4,080,225 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 $90,087, and the median home value is $362,100. The population density is 239 people per square mile. The complete ownership history of this property spans from 1993 to 2019, with 2 recorded transactions in the public record.

The current assessed value represents 46% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. There is 1 active building permit on this property with a combined estimated cost of $136,315, indicating ongoing construction or renovation work..