23435 SW 127 AVE, Homestead, FL 33032

Parcel: 3069240000450 · Residential - Single Family · 1 Unit · Zoning: 4100

Assessed Value (2025)
$1,593,942

Property Details

Beds
2
Baths
1
Living Sqft
2,250
Year Built
1966
Lot Sqft
95,832
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$7,500
1976-07-01
2
$1,162,900+15405%
2006-02-01
3
$6,000,000+416%
2024-02-12
PRINCETON LAND INVEST LLCNARANJA GROVE APARTMENTS LLC
4
$6,000,000
2024-02-14

Tax Assessment History

$1,593,942
Assessed (2025)
$1,593,942
Market Value
$1,593,942
Taxable Value
$32,451
Annual Tax
2024
$636,938
2025
$1,593,942
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,593,942 $1,593,942 $1,593,942 $32,451
2024 $636,938 $636,938 $636,938 $12,968

About 23435 SW 127 AVE, Homestead, FL 33032

23435 SW 127 AVE, Homestead, FL 33032 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1966 with 2,250 square feet of living space on a 95,832 square foot lot. The property is currently owned by NARANJA GROVE APARTMENTS 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 2024-02-14 for $6,000,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,593,942 with a market value of $1,593,942.

This breaks down to $1,437,480 for the land and $156,462 for the building. The assessed value increased 150% from $636,938 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.

23435 SW 127 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 complete ownership history of this property spans from 1976 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 27% 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. Based on the most recent sale, this property traded at $2667 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

NARANJA GROVE APARTMENTS LLC
8950 SW 74 CT 1211, MIAMI, FL, 33156
Since: 2026-03-29
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People Behind This Entity

Registered Agent: SHOMAR SHADI
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$19,527 — $35,866
Flood $400 — $800
Property/Wind $19,127 — $35,066

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$93,706
Median Home Value$420,100
Pop. Density5,816/sq mi

Neighborhood 23435

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →
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