Vacant land opportunity with existing single-family residence on 1.16 acres, located within the Urban Development Boundary. The structure requires TLC, making this an ideal fixer-upper, redevelopment, or new construction opportunity. Surrounded by multi-million-dollar properties, this expansive parcel offers endless potential to build, remodel, or create a private estate. Features include no HOA, a variety of fruit trees, and ample space for boats, RVs, nurseries, or future improvements (buyer to verify). Minutes from Key Largo, Redland Market Village, and the Redland's, this property is perfect for investors, developers, builders, or buyers seeking rural living with infrastructure already in place. A rare chance to secure a large lot in a rapidly appreciating area. Owner financing available.
Sold for $600,000
$600,000
12325 SW 240th St, Homestead, FL 33032
3beds
1,024sqft
Single Family Residence
Built in 1936
1.16 Acres Lot
$-- Zestimate®
$586/sqft
$2,675 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,675/mo
Zestimate® history
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List your homeWhat's special
Surrounded by multi-million-dollar propertiesExisting single-family residenceVariety of fruit treesExpansive parcel
Zillow last checked:
Listing updated:
Listed by:
Wesley Ulloa 305-487-8532,
Luxe Properties,
Kimberly Farias 786-339-6583,
Luxe Properties
Bought with:
NON-MLS MEMBER
MAR NON MLS MEMBER
Source: MIAMI,MLS#: A11950824
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Refrigerator
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 1,508
- Total interior livable area: 1,024 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Exterior features: Other
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: Garden
Lot
- Size: 1.16 Acres
- Features: 1 To Less Than 2 Acre Lot
Details
- Parcel number: 3069240000500
- Zoning: 9000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Other
Condition
- Year built: 1936
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: X
HOA
- Has HOA: No
Location
- Region: Homestead
Financial & listing details
- Price per square foot: $586/sqft
- Tax assessed value: $534,092
- Annual tax amount: $7,355
- Date on market: 1/23/2026
- Listing terms: All Cash,Conventional,Owner Will Carry
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $600,000-7.7%$586/sqft |
Source:  MIAMI #A11950824 Report a problem | ||
| 1/24/2026 | Listed for sale | $650,000$635/sqft |
Source: MIAMI #A11950824 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,505 +7% | $316,624 +10% |
| 2024 | $7,011 +29.8% | $287,840 +16.8% |
| 2023 | $5,401 +14.1% | $246,467 +10% |
| 2022 | $4,734 +15.9% | $224,061 +10% |
| 2021 | $4,084 +8.8% | $203,692 +10% |
| 2020 | $3,754 +290.6% | $185,175 +111.4% |
| 2019 | $961 +6.5% | $87,615 +1.9% |
| 2018 | $902 | $85,982 +2.1% |
| 2017 | $902 -0.4% | $84,214 +2.1% |
| 2016 | $906 +0.6% | $82,482 +0.7% |
| 2015 | $900 -1.7% | $81,909 +0.8% |
| 2014 | $916 +2.2% | $81,259 +1.5% |
| 2013 | $896 | $80,059 +1.7% |
| 2012 | $896 +2.3% | $78,721 +3% |
| 2011 | $876 -0.8% | $76,429 +1.5% |
| 2010 | $883 +3.4% | $75,300 +2.7% |
| 2009 | $854 -0.1% | $73,321 +3.1% |
| 2007 | $855 -15.2% | $71,115 |
| 2006 | $1,009 | -- |
| 2005 | $1,009 +3% | -- |
| 2004 | $980 +11.8% | -- |
| 2003 | $876 +1.8% | -- |
| 2002 | $861 | -- |
| 2001 | $861 | -- |
Find assessor info on the county website
Neighborhood: Princeton
Nearby homes
- $--1.12 Acres12348 SW 240th St, Homestead, FL 33032Off Market
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Nearby schools
GreatSchools rating
- 3/10Coconut Palm K-8 AcademyGrades: PK-8Distance: 0.2 mi
- 3/10Homestead Senior High SchoolGrades: PK,9-12Distance: 7.8 mi
- 5/10Redland Middle SchoolGrades: 6-8Distance: 3.8 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.
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- Florida
- Miami-Dade County
- Homestead
- 33032
- Princeton
- 12325 SW 240th St
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