12040 SW 268 ST 1, Homestead, FL 33032

Parcel: 3069360090010 · Residential · Condominium - Residential · Zoning: 6200

Assessed Value (2025)
$127,892

Property Details

Beds
3
Baths
2.5
Living Sqft
1,426
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2010-01-12
LIDIA MORALES &LIDIA MORALES
2
$80,100
2013-07-01
LIDIA MORALESFEDERAL NATIONAL MORTGAGE ASSN
3
$94,900+18%
2014-07-16
FEDERAL NATIONAL MORTGAGE ASSNRICARDO A SALOMON

Tax Assessment History

$127,892
Assessed (2025)
$265,549
Market Value
$77,170
Taxable Value
$1,571
Annual Tax
2024
$124,288
$273,762
2025
$127,892
$265,549
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $127,892 $265,549 $77,170 $1,571
2024 $124,288 $273,762 $74,288 $1,512

About 12040 SW 268 ST 1, Homestead, FL 33032

12040 SW 268 ST 1, Homestead, FL 33032 is a 3-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2004 with 1,426 square feet of living space. The property is currently owned by RICARDO A SALOMON, 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 2014-07-16 for $94,900, when FEDERAL NATIONAL MORTGAGE ASSN sold to RICARDO A SALOMON. The property has appreciated $14,800 (18%) since the prior sale of $80,100 on 2013-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $127,892 with a market value of $265,549. The assessed value increased 3% from $124,288 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 $90,087, and the median home value is $362,100.

The population density is 239 people per square mile. 12040 SW 268 ST 1, 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 2010 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 135% 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 $67 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

RICARDO A SALOMON
12040 SW 268 ST #1, HOMESTEAD, FL, 33032
Since: 2026-04-19
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$90,087
Median Home Value$362,100
Pop. Density239/sq mi

Neighborhood 12040

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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