Home in 15042 SW 297th Terrace, Homestead, FL 33033 for sale with MLS# B26005984

Opportunity like this doesn't come around often. Oversized 5-BDRM 2BTH POOL home has significant upside potential. Features a permitted addition w/ second kitchen for multi-generational living, rental income. Sold AS-IS & ideal for investors, flippers, or buyers looking to renovate & build equity. Large sqft compared to other homes gives strong ARV potential. Screened front porch, covered/screened rear patio. Functional layout with multiple living areas and expansion possibilities. Great opportunity to reposition, rent, or customize in a growing market. Priced accordingly. Bring your vision.

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Days on the market

15042 SW 297th Terrace, Homestead, FL 33033

Price
Price:
$500,000.00
Original List Price:
$500,000.00
List Price per Sq Ft (Calculated, Approx.):
$185.59
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
April 21, 2026 2:45 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
2,270 Sqft
Built-Up Area:
2,694 Sqft
Lot Area:
7,405.20 Sqft
Building Area Source:
Appraiser
Living Area Source:
Appraiser
Lot Size Acres:
0.17
Property Features
Waterfront:
No
Private Pool
Swimming Pool Features:
Private, Fenced, In Ground
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Ice Maker, Range
Interior:
Kitchen Island, Storage
Patio and Porch:
Patio, Deck, Porch, Patio - Covered, Patio - Open, Porch - Screened, Patio - Screened
Other Structures:
Shed(s)
Laundry:
Inside, Laundry Room
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Wall/window Unit(s)
Heating
Heating System:
Central
Fence:
Fenced, Back Yard, Gate
Property Entrance Faces:
North
Road Responsibility:
Public Maintained Road
Other Equipment:
Satellite Dish
Construction
Year Built:
1969
Roof:
Shingle
Year Roof Installed:
2019
Architectural Style:
Other, Ranch
Levels:
One
Construction Materials:
Stucco, Stone, CBS
Flooring:
Tile, Vinyl, Ceramic Tile, Concrete
Number of stories:
1
Structure Type:
House
Stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2025
Tax Assessed Value:
$120,261.00
Property Tax Details:
Homestead Exemption
Parking
Parking Total Spaces:
6
Carport Spaces:
2
Covered Spaces:
2
Parking Features:
Driveway, Attached, Attached Carport, Carport
Carport
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Available, Sewer Available, Phone Available, Water Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
PALMLAND HOMES SOUTH NO 3
Senior Community:
No
Restrictions:
Other Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Negotiable
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
PALMLAND HOMES SOUTH NO. 3 PB 85-100 LOT 4 BLK 7 LOT SIZE 75.000 X 100 OR 12106-266 0384 1
Real Estate Folio Number (Parcel Number):
3079090120400
Zoning:
0100
Public Schools Assigned
Elementary School:
Irving & Beatrice Peskoe K-8
High School:
Homestead
Middle Or Junior School:
Redland
Listing History
Active on the market since:
March 23, 2026
Listing Agreement executed on:
March 23, 2026
Purchase Contract Date:
April 15, 2026
Listing Status Last Changed On:
April 21, 2026 2:45 pm
Photos updated on:
March 23, 2026 11:50 pm
Last Modified:
April 21, 2026 2:46 pm
Additional Information
Courtesy of:
Premier Investments Realty
Attribution:
Not provided
Road Surface Type:
Asphalt
Location
Street Name:
297th
Street Number:
15042
City:
Homestead
State:
Florida
Zip Code:
33033
County:
Miami-Dade
Latitude:
N25° 29' 31.5''
Longitude:
W81° 33' 53.2''
Street Suffix:
Terrace
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $66,662
Median Home Value $364,700
Median Rent $1,648/mo
Median Age 33
Population 69,075

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
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