27040 SW 142 PL, Homestead, FL 33032

Parcel: 3069340010960 · Residential - Single Family · 1 Unit · Zoning: 3050

Assessed Value (2025)
$56,951

Property Details

Beds
3
Baths
1
Living Sqft
1,225
Year Built
1956
Lot Sqft
10,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$33,000
1986-02-01
2
$15,000-55%
1993-07-01
3
$55,000+267%
1996-05-01

Tax Assessment History

$56,951
Assessed (2025)
$318,165
Market Value
$25,000
Taxable Value
$509
Annual Tax
2024
$55,346
$284,052
2025
$56,951
$318,165
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $56,951 $318,165 $25,000 $509
2024 $55,346 $284,052 $25,000 $509

About 27040 SW 142 PL, Homestead, FL 33032

27040 SW 142 PL, Homestead, FL 33032 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1956 with 1,225 square feet of living space on a 10,000 square foot lot. The property is currently owned by MICHAEL BENNETT & PEGGY J FEDEE, 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 1996-05-01 for $55,000. The property has appreciated $40,000 (267%) since the prior sale of $15,000 on 1993-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $56,951 with a market value of $318,165. This breaks down to $210,000 for the land and $108,165 for the building. The assessed value increased 3% from $55,346 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 $57,681, and the median home value is $345,300. The population density is 8,155 people per square mile. 27040 SW 142 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 1986 to 1996, with 3 recorded transactions in the public record. The current assessed value represents 104% of the most recent sale price.

Based on the most recent sale, this property traded at $45 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2024161677 building F $20,400

Current Owner

MICHAEL BENNETT & PEGGY J FEDEE
27040 SW 142 PL, NARANJA, FL, 33032-7537
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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$57,681
Median Home Value$345,300
Pop. Density8,155/sq mi

Neighborhood 27040

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
11
View full risk analysis →
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