$440,000
Sold · July 10, 2026
1097 NE 40th Road
Explore the area: Homestead homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $440,000
- Vs. list price
- At list
- Days on market
- 136
- Price per sq ft
- $266
This 3-bedroom single-family home in Portofino Palms sold for $440,000 on July 10, 2026. That was exactly its final list price of $440,000. It first came on the market at $449,900, so the price was adjusted before it sold. It spent 136 days on the market. At $266 per square foot, it closed 4.7% below the $279 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $440,000
- Sold On
- July 10, 2026
- Days on Site
- 136 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,652 sqft
- Total Sq Ft
- 2,206 sqft
- Lot Size
- 0.08 Acres
- Year Built
- 2006
- Property Type
- Single Family
- MLS #
- A11955421
- Property Tax
- $5,838 (2025)
- HOA Fees
- $115 / Monthly
- Subdivision
- PORTOFINO PALMS
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Fully paid-off solar panels, peaceful canal views with no rear neighbors, a 2-car garage, and a spacious open layout are just some of the standout features of this 3-bedroom, 2.5-bath single-family home in Homestead. Offering approximately 1,879 sq. ft. of functional living space, the home is designed for both comfortable everyday living and easy entertaining. One of the home’s most desirable features is the downstairs bedroom and full bath, ideal for guests, in-laws, or added flexibility. The kitchen opens seamlessly to the main living areas, creating a natural flow throughout the home, while the outdoor space offers plenty of room to relax or personalize to your taste.The canal behind the property provides an added sense of privacy and tranquility rarely found at this price point. Recently repositioned to reflect exceptional value for today’s market, this home presents a compelling opportunity for both owner-occupants and investors seeking a well-located, energy-efficient property with long-term appeal. Conveniently located near major roads, shopping, dining, and schools. Home is not in a Flood Zone!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2006
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.08
- Living Sq Ft
- 1,652
- Total Sq Ft
- 2,206
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 9300
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Ceramic Tile / Tile
- Interior Features
- Bedroom On Main Level / Breakfast Area / Entrance Foyer / Eat In Kitchen / High Ceilings / Living Dining Room / Pantry / Vaulted Ceilings / Walk In Closets
- Laundry
- Washer Hookup / Dryer Hookup
- Total Rooms
- 2
Exterior Features
- Construction
- Block
- Roof
- Barrel / Spanish Tile
- Pool Features
- Association
- Waterfront
- Yes
- Waterfront Features
- Canal Front
- View
- Canal / Other
Community & HOA
- HOA Fee
- $115 / Monthly
- Association Amenities
- Clubhouse / Maintenance / Other / Pool
- Community Features
- Home Owners Association
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 2790
Schools
- Elementary School
- Mandarin Lakes K-8 Academy
- Middle School
- Redland
- High School
- Homestead
About the Community
Portofino Palms is a community in Homestead, Miami-Dade County, Florida. Active listings are priced from $395,000 to $505,000. Homes were built between 2005 and 2006. Pure Equity lists homes in Portofino Palms and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Median List Price
- $450,000
- Median $/Sq Ft
- $245
- Avg Days on Market
- 111
Frequently Asked Questions
- How do I schedule a tour of 1097 NE 40th Road, Homestead, FL 33033?
- Use the Tour button on this listing to request a showing of 1097 NE 40th Road, Homestead, FL 33033. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1097 NE 40th Road, Homestead, FL 33033 still available?
- 1097 NE 40th Road, Homestead, FL 33033 is currently listed as Sold, and has been on the market 136 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1097 NE 40th Road, Homestead, FL 33033?
- With 20% down ($88,000) on the $440,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1097 NE 40th Road, Homestead, FL 33033 is about $2,312/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1097 NE 40th Road, Homestead, FL 33033?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1097 NE 40th Road, Homestead, FL 33033. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1097 NE 40th Road, Homestead, FL 33033 have an HOA fee?
- Yes: 1097 NE 40th Road, Homestead, FL 33033 carries an HOA fee of about $115 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1097 NE 40th Road, Homestead, FL 33033?
- 1097 NE 40th Road, Homestead, FL 33033 is zoned for Mandarin Lakes K-8 Academy (elementary), Redland (middle), Homestead (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1097 NE 40th Road, Homestead, FL 33033?
- Often, yes. The right offer on 1097 NE 40th Road, Homestead, FL 33033 depends on how it's priced against comparable single family sales in Homestead, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of W International Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$440,000
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Listed by William Encinosa, W International Realty LLC
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Recent Sales
Recently sold homes in Portofino Palms
These are the last 6 recorded closings in Portofino Palms, with the price each home actually sold for rather than what it was listed at. They closed at a median of $291 per square foot. The most recent closed on August 17, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$467,500
Sold · August 17, 2026
1211 NE 40th Road
4 bed · 2.5 bath · 2,213 sqft · $211/sqft
$32,500 under the asking price
Sold$420,000
Sold · August 14, 2026
3910 NE 10th Drive
4 bed · 2 bath · 1,442 sqft · $291/sqft
$10,000 under the asking price
Sold$405,000
Sold · July 27, 2026
3954 NE 13th Drive
4 bed · 2 bath · 1,260 sqft · $321/sqft
$12,000 over the asking price
Sold$440,000
Sold · July 6, 2026
3920 NE 13th Drive
3 bed · 2.5 bath · 1,652 sqft · $266/sqft
Sold$380,000
Sold · June 30, 2026
3983 NE 12th Drive
4 bed · 2 bath · 1,260 sqft · $302/sqft
$15,000 under the asking price
Sold$498,000
Sold · May 15, 2026
3951 NE 13th Drive
5 bed · 3 bath · 2,065 sqft · $241/sqft
$6,999 under the asking price
See every recorded sale in Portofino Palms or find out what your Portofino Palms home is worth.
