Prime 2.24-acre development opportunity in unincorporated Miami-Dade, just 1/2 mile from the new SMART Plan Kendall Corridor (Rapid Bus Transit on US-1). Currently zoned multi-family (2–9 units) with 2 existing homes: a 4BR/2BA main house featuring tile floors, stainless steel appliances, large eat-in kitchen, living, dining, family, and laundry rooms; plus an 817 sq ft 2BR/1BA guest house with kitchen, living, dining, and den—currently tenant-occupied for income. Potential to rezone for luxury homes, townhomes, or apartments/condos. Each home has its own well and septic, plus a separate irrigation well. Sold AS-IS.
Accepting backups
Price increase: $50K (1/27)
$1,550,000
12495 SW 240th St, Homestead, FL 33032
6beds
2,909sqft
Est.:
Single Family Residence
Built in 1959
2.24 Acres Lot
$1,480,200 Zestimate®
$533/sqft
$-- HOA
What's special
Tile floorsStainless steel appliancesLarge eat-in kitchen
- 195 days |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 04:48am
Listed by:
Gustavo Gutierrez 828-684-9085,
Florida Relocation Team, LLC
Source: MIAMI,MLS#: A11880917
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Great Room
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Disposal, Dryer, Electric Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Vaulted Ceiling(s), Walk-In Closet(s), Separate Guest/In-Law Quarters
- Flooring: Tile
- Windows: Hurricane Shutters
Interior area
- Total structure area: 3,424
- Total interior livable area: 2,909 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport, Driveway
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: None
Lot
- Size: 2.24 Acres
- Features: 2 To Less Than 3 Acre Lot
Details
- Additional structures: Guest House
- Parcel number: 3069240000630
- Zoning: 9000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Security: Smoke Detector
- Subdivision: Silver Palm East Neighbor
HOA
- Has HOA: No
Location
- Region: Homestead
Financial & listing details
- Price per square foot: $533/sqft
- Tax assessed value: $1,062,780
- Annual tax amount: $9,974
- Date on market: 9/23/2025
- Listing terms: All Cash,Conventional
- Road surface type: Paved Road
Estimated market value
$1,480,200
$1.41M - $1.55M
$4,480/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Price change | $1,550,000+3.3%$533/sqft |
Source:  MIAMI #A11880917 Report a problem | ||
| 9/23/2025 | Listed for sale | $1,500,000-18.9%$516/sqft |
Source: MIAMI #A11880917 Report a problem | ||
| 5/22/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/12/2025 | Price change | $1,850,000-2.1%$636/sqft |
Source: Owner Report a problem | ||
| 3/3/2025 | Listed for sale | $1,890,000+656%$650/sqft |
Source: Owner Report a problem | ||
| 12/6/2002 | Sold | $250,000+28.2%$86/sqft |
Source: Public Record Report a problem | ||
| 12/22/2000 | Sold | $195,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,974 +18.2% | $464,047 +7.7% |
| 2023 | $8,436 +10.5% | $430,779 +7.6% |
| 2022 | $7,635 +12% | $400,275 +7.5% |
| 2021 | $6,817 +4.6% | $372,292 +5.2% |
| 2020 | $6,518 +6.6% | $353,888 +7% |
| 2019 | $6,115 +15.7% | $330,630 +19.7% |
| 2018 | $5,286 | $276,282 +6.3% |
| 2017 | $5,286 +0.6% | $259,955 +6.1% |
| 2016 | $5,256 +16.7% | $244,932 +2.8% |
| 2015 | $4,506 -1% | $238,263 +0.9% |
| 2014 | $4,550 -12% | $236,178 +1.1% |
| 2013 | $5,172 | $233,645 -13.8% |
| 2012 | $5,172 +0.2% | $271,122 +1.1% |
| 2011 | $5,163 -12.3% | $268,259 -11.9% |
| 2009 | $5,886 -21.9% | $304,485 -15% |
| 2007 | $7,533 +41.5% | $358,391 |
| 2006 | $5,322 +69.8% | -- |
| 2002 | $3,135 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,107/mo
Principal & interest
$7730
Property taxes
$2377
More affordability tools
Climate risks
Neighborhood: Princeton
Nearby schools
GreatSchools rating
- 3/10Coconut Palm K-8 AcademyGrades: PK-8Distance: 0.2 mi
- 3/10Homestead Senior High SchoolGrades: 9-12Distance: 7.6 mi
- 5/10Redland Middle SchoolGrades: 6-8Distance: 3.7 mi
Schools provided by the listing agent
- Middle: Redland
- High: Homestead
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33032
- Florida
- Miami-Dade County
- Homestead
- 33032
- Princeton
- 12495 SW 240th St
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