12999 SW 248 ST, Homestead, FL 33032

12999 SW 248 ST, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1951 with 3,695 square feet of living space on a 31,798 square foot lot. The property is currently owned by PRINCETOWN DCR 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 2025-04-10 for $3,149,000. The property has appreciated $1,598,000 (103%) since the prior sale of $1,551,000 on 2025-03-28. There are 3 recorded sales for this property.

The 2025 assessed value is $487,590 with a market value of $711,468. This breaks down to $511,000 for the land and $200,468 for the building. The assessed value increased 10% from $443,264 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 $93,706, and the median home value is $420,100.

The population density is 5,816 people per square mile. 12999 SW 248 ST, 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 complete ownership history of this property spans from 2007 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 15% 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 $1, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $852 per square foot — a key metric for comparing value across Homestead's real estate market..