25123 SW 118 PL, Homestead, FL 33032

Parcel: 3069250162160 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$439,707

Property Details

Beds
3
Baths
2
Living Sqft
1,829
Year Built
2016
Lot Sqft
5,091
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$4,290,000
2014-09-09
HPT HOLDINGSDR HORTON INC
2
$297,000-93%
2016-02-11
DR HORTON INCROMMEL YOUNG

Tax Assessment History

$439,707
Assessed (2025)
$440,930
Market Value
$388,985
Taxable Value
$7,919
Annual Tax
2024
$427,315
$441,500
2025
$439,707
$440,930
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $439,707 $440,930 $388,985 $7,919
2024 $427,315 $441,500 $377,315 $7,682

About 25123 SW 118 PL, Homestead, FL 33032

25123 SW 118 PL, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 2016 with 1,829 square feet of living space on a 5,091 square foot lot. The property is currently owned by ROMMEL YOUNG MONICA MARTIN YOUNG, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-02-11 for $297,000, when DR HORTON INC sold to ROMMEL YOUNG. The property sold for $3,993,000 less than the prior sale of $4,290,000 on 2014-09-09. The 2025 assessed value is $439,707 with a market value of $440,930.

This breaks down to $156,410 for the land and $284,520 for the building. The assessed value increased 3% from $427,315 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $84,352, and the median home value is $415,800. The population density is 11,082 people per square mile. There are active mortgage liens totaling $227 recorded against this property.

25123 SW 118 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 2014 to 2016, with 2 recorded transactions in the public record.

The current assessed value represents 148% 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 $162 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

ROMMEL YOUNG MONICA MARTIN YOUNG
25123 SW 118 PL, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,038 — $5,197
Flood $400 — $800
Property/Wind $2,638 — $4,397

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$84,352
Median Home Value$415,800
Pop. Density11,082/sq mi

Neighborhood 25123

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

Mortgages

ACTIVE
$241
~$227 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-08-12
Est. Total Balance $227
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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