12495 SW 240 ST, Homestead, FL 33032

12495 SW 240 ST, Homestead, FL 33032 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1959 with 2,909 square feet of living space on a 97,574 square foot lot. The property is currently owned by CENTURY ORCHARD POINTE LLC, recorded as of 2026-06-20. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-06-08 for $1,400,000, when WILLIAM GUTIERREZ sold to CENTURY ORCHARD POINTE LLC. The property has appreciated $1,399,900 (1399900%) since the prior sale of $100 on 2018-06-21. There are 4 recorded sales for this property.

The 2025 assessed value is $504,356 with a market value of $1,136,875. This breaks down to $896,000 for the land and $240,875 for the building. The assessed value increased 9% from $464,047 in 2024.

The property has the following tax exemptions: homestead. 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. 12495 SW 240 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 2000 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 36% 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 $481 per square foot — a key metric for comparing value across Homestead's real estate market..