Homestead, FL 33032

Homestead, FL 33032 is a 2-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1957 with 932 square feet of living space on a 10,725 square foot lot. The property is currently owned by LAWRENCE PROPERTY MANAGEMENT LLC, 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 2025-05-15 for $650,000, when PROA LLC sold to LAWRENCE PROPERTY MANAGEMENT LLC. The 2025 assessed value is $160,432 with a market value of $301,089. This breaks down to $218,700 for the land and $82,389 for the building.

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. The current assessed value represents 25% 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 $697 per square foot — a key metric for comparing value across the area's real estate market..