Home in 12495 SW 240th Street, Homestead, FL 33032 with MLS# A11880917
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. Prime Development Opportunity - 2.24 Acres in Unincorporated Miami-Dade. Excellent location within a 1/2 mile of the new SMART Plan Kendall Corridor (designated Rapid Bus Transit along US-1). This 2.24-acre property offers tremendous potential for developers & investors. Zoning: Currently zoned multi-family (2-9 units). Potential to rezone for luxury homes, townhomes, or vertical development for apartments/condominiums. Existing Structures: Main House: 4 bedrooms, 2 bathrooms, large eat-in kitchen, living room, dining room, family room, laundry room, & tile flooring throughout. Features stainless steel appliances. Guest House: Approximately 817 sq. ft. with 2 bedrooms, 1 bathroom, kitchen/dining area, living room, & den. Currently rented-providing immediate income. Utilities: Each home has its own well and septic system. Sprinkler system with a dedicated well. Lot Features: Spacious, quiet setting with plenty of room for future development. Property sold "AS-IS."
12495 SW 240th Street, Homestead, FL 33032
- Price:
- $1,550,000.00
- Original List Price:
- $1,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $481.26
- Close Price:
- $1,400,000.00
- Transaction closed on:
- June 10, 2026
- Listing Type:
- Sold
- Status:
- Closed
- Special Sale Conditions:
- Real Estate Owned (REO) Lender/Bank Owned
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- June 10, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 6
- Bathrooms Total:
- 3
- Full Bath:
- 3
- Room Type:
- Laundry, Family Room, Great Room, Maid/in-law Quarters
- Master Bedroom Bath:
- Separate Shower, Master Bdrm - Ground, Bedroom On Entry Level
- Dining Area:
- Formal Dining, Eat-in Kitchen
- Living Area:
- 2,909 Sqft
- Built-Up Area:
- 3,424 Sqft
- Lot Size Acres:
- 2.24
- Waterfront:
- No
- Guest House Features:
- 2 Bedrooms, 1 Bath
- Security:
- Smoke Detector(s)
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Disposal, Refrigerator, Washer, Electric Range
- Interior:
- Walk-In Closet(s), Vaulted Ceiling(s)
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- South
- Sprinkler Description:
- Well Sprinkler
- Year Built:
- 1959
- Roof:
- Shingle
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Flood Zone Code:
- X
- Tax Annual Amount:
- $9,974.00
- Tax Year:
- 2024
- Garage Spaces:
- 0
- Carport Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Driveway, Attached Carport, Carport
- Carport
- Sewer:
- Septic Tank
- Utilities Available:
- Cable Available
- Water Source:
- Well
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- Silver Palm East Neighbor
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 24 56 39 2.24 AC SW1/4 OF SE1/4 OF SW1/4 OF NW1/4 LESS ST LOT SIZE IRREGULAR OR 20852-3837 112002 1
- Real Estate Folio Number (Parcel Number):
- 3069240000630
- Zoning:
- 9000
- Elementary School:
- Coronado Beach Elem
- High School:
- Homestead
- Active on the market since:
- September 23, 2025
- Listing Agreement executed on:
- September 23, 2025
- Purchase Contract Date:
- February 9, 2026
- Price change occurred on:
- January 27, 2026 6:01 pm
- Listing Status Last Changed On:
- June 10, 2026 4:00 am
- Photos updated on:
- June 11, 2026 9:34 pm
- Last Modified:
- June 11, 2026 9:35 pm
- Courtesy of:
- Florida Relocation Team, LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
- Street Name:
- 240th
- Street Number:
- 12495
- City:
- Homestead
- State:
- Florida
- Zip Code:
- 33032
- County:
- Miami-Dade
- Latitude:
- N25° 32' 40.5''
- Longitude:
- W81° 36' 21.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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