27200 SW 127 AVE, Homestead, FL 33032

Parcel: 3069350320010 · Warehouse Terminal Or Stg · Warehouse Or Storage · Zoning: 7600

Assessed Value (2025)
$28,608,341

Property Details

Living Sqft
280,512
Year Built
2017
Lot Sqft
2,137,034
Stories
1
WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE

Sales History

1
$38,348,000
2017-06-28
SUNCAP MIAMI LLC → MREIC MIAMI FL LLC

Tax Assessment History

$28,608,341
Assessed (2025)
$28,608,341
Market Value
$28,608,341
Taxable Value
$582,443
Annual Tax
2024
$28,810,598
2025
$28,608,341
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $28,608,341 $28,608,341 $28,608,341 $582,443
2024 $28,810,598 $28,810,598 $28,810,598 $586,561

About 27200 SW 127 AVE, Homestead, FL 33032

27200 SW 127 AVE, Homestead, FL 33032 is a warehouse terminal or stg : warehouse or storage built in 2017 with 280,512 square feet of living space on a 2,137,034 square foot lot. The property is currently owned by ILPT MIAMI LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-06-28 for $38,348,000, when SUNCAP MIAMI LLC sold to MREIC MIAMI FL LLC. The 2025 assessed value is $28,608,341 with a market value of $28,608,341. This breaks down to $9,768,155 for the land and $18,840,186 for the building.

The assessed value decreased 1% from $28,810,598 in 2024. The median household income in this area is $61,270, and the median home value is $396,800. The population density is 4,815 people per square mile.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 27200 SW 127 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 current assessed value represents 75% of the most recent sale price. There are 7 active building permits on this property with a combined estimated cost of $13,096,369, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $137 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (13)

Permit #TypeStatusCost
C2026114869 electrical A $100
C2026106863 electrical A $50
C2026086170 electrical A —
C2025173838 building A —
C2025162737 building A $12,436,219
C2026016196 building A —
W2025007456 electrical F —
C2024105217 building A $660,000
C2024101045 electrical F $50
C2023093199 electrical F —
C2022142557 electrical expired $50,160
C2017124947 electrical expired —
C2017082055 electrical expired —

Code Violations 1 open

A2025003650 open
2025-08-11

Distress Signals

  • 1 open code violation

Current Owner

ILPT MIAMI LLC
101 CRAWFORDS CORNER RD STE 1405, HOLMDEL, NJ, 07733
Since: 2026-04-19
View owner profile →

People Behind This Entity

Registered Agent: CORPORATION SERVICE COMPANY
MONMOUTH REAL ESTATE INVESTMENT CORPORATIO (MBR) JORDAN MATTHEW P (Mana) PORTNOY ADAM D (Mana) SY TIFFANY S (CFO,) DUFFY YAEL (PRES) CLARK JENNIFER B (Secr) ANDERSON JACQUELYN P (Asst)
View on Sunbiz →

Est. Annual Insurance

$172,050 — $286,883
Flood $400 — $800
Property/Wind $171,650 — $286,083

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$61,270
Median Home Value$396,800
Pop. Density4,815/sq mi

Neighborhood 27200

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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