23401 SW 118 AVE, Homestead, FL 33032

Parcel: 3069240021240 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$441,625

Property Details

Beds
4
Baths
3.5
Living Sqft
3,090
Year Built
2015
Lot Sqft
5,867
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$500,900
2013-06-10
SILVER PALM HOLDINGS OF HMSTD LLCLENNAR HOMES LLC
2
$382,400-24%
2015-11-30
LENNAR HOMES LLCALEJANDRO KINCHUNG LAY

Tax Assessment History

$441,625
Assessed (2025)
$496,383
Market Value
$441,625
Taxable Value
$8,991
Annual Tax
2024
$401,478
$559,240
2025
$441,625
$496,383
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $441,625 $496,383 $441,625 $8,991
2024 $401,478 $559,240 $401,478 $8,174

About 23401 SW 118 AVE, Homestead, FL 33032

23401 SW 118 AVE, Homestead, FL 33032 is a 4-bedroom, 3.5-bathroom residential - single family : cluster home built in 2015 with 3,090 square feet of living space on a 5,867 square foot lot. The property is currently owned by ALEJANDRO KINCHUNG LAY, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2015-11-30 for $382,400, when LENNAR HOMES LLC sold to ALEJANDRO KINCHUNG LAY. The property sold for $118,500 less than the prior sale of $500,900 on 2013-06-10. The 2025 assessed value is $441,625 with a market value of $496,383.

This breaks down to $162,990 for the land and $333,393 for the building. The assessed value increased 10% from $401,478 in 2024. 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. 23401 SW 118 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 2013 to 2015, with 2 recorded transactions in the public record. The current assessed value represents 115% of the most recent sale price. Based on the most recent sale, this property traded at $124 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

ALEJANDRO KINCHUNG LAY
23401 SW 118 AVE, MIAMI, FL, 33032
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,049 — $5,216
Flood $400 — $800
Property/Wind $2,649 — $4,416

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 23401

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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