16492 SW 288 LN, Homestead, FL 33033

16492 SW 288 LN, Homestead, FL 33033 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2006 with 2,600 square feet of living space on a 25,092 square foot lot. The property is currently owned by LAWRENCE ANDREW MIGNOTT NATASHA BHAGWANDAI BUDHU MIGNOTT, 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 2021-07-20 for $630,000, when YUNCONG LI &W sold to LAWRENCE ANDREW MIGNOTT . The property has appreciated $140,000 (29%) since the prior sale of $490,000 on 2006-09-01. The 2025 assessed value is $411,426 with a market value of $623,440.

This breaks down to $225,414 for the land and $398,026 for the building. The assessed value increased 3% from $399,831 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $82,820, and the median home value is $416,700.

The population density is 1,866 people per square mile. There are active mortgage liens totaling $473,825 recorded against this property. 16492 SW 288 LN, Homestead, FL 33033 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 2006 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 65% 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 $242 per square foot — a key metric for comparing value across Homestead's real estate market..