25123 SW 123 PL, Homestead, FL 33032

Parcel: 3069250091680 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$282,387

Property Details

Beds
4
Baths
2
Living Sqft
1,496
Year Built
2003
Lot Sqft
4,851
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$143,900
2003-03-01
2
$88,200-39%
2013-02-21
LAZARO MANUEL LUYA &FEDERAL NATL MORTGAGE ASSOC
3
$93,500+6%
2013-04-30
FEDERAL NATL MORTGAGE ASSOCMICHELLE THOMPSON

Tax Assessment History

$282,387
Assessed (2025)
$318,239
Market Value
$282,387
Taxable Value
$5,749
Annual Tax
2024
$256,716
$320,546
2025
$282,387
$318,239
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $282,387 $318,239 $282,387 $5,749
2024 $256,716 $320,546 $256,716 $5,227

About 25123 SW 123 PL, Homestead, FL 33032

25123 SW 123 PL, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2003 with 1,496 square feet of living space on a 4,851 square foot lot. The property is currently owned by MICHELLE THOMPSON, 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 2013-04-30 for $93,500, when FEDERAL NATL MORTGAGE ASSOC sold to MICHELLE THOMPSON. The property has appreciated $5,300 (6%) since the prior sale of $88,200 on 2013-02-21. There are 3 recorded sales for this property.

The 2025 assessed value is $282,387 with a market value of $318,239. This breaks down to $135,828 for the land and $182,411 for the building. The assessed value increased 10% from $256,716 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 $74,842, and the median home value is $308,700.

The population density is 9,037 people per square mile. 25123 SW 123 PL, 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 2003 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 302% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $63 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (3)

Permit #TypeStatusCost
S2002047831 plumbing expired
N2002037126 building expired
N2002033214 electrical expired

Current Owner

MICHELLE THOMPSON
10930 SW 174 TER, MIAMI, FL, 33157
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,094 — $3,800
Flood $400 — $800
Property/Wind $1,694 — $3,000

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$74,842
Median Home Value$308,700
Pop. Density9,037/sq mi

Neighborhood 25123

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
View full risk analysis →
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