12495 SW 240th Street, Homestead, FL 33032

Listing Snapshot

Price

$1,550,000

Days on Site

139 Days

Bedrooms

6

Total Baths

3

Full Baths

3

Partial Baths

0

Living Area

2,909 sqft

Total Sq Ft

3,424 sqft

Lot Size

2.24 Acres

Year Built

1959

Property Type

Single Family

MLS #

A11880917

Property Tax

$9,974 (2024)

Subdivision

Silver Palm East Neighbor

County

Miami Dade

Status

Sold

About This Property

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.”

General Features

Property Type

Single Family

Status

Sold

Year Built

1959

Number of Stories

1

Levels

One

Garage Spaces

0

Parking

Attached Carport / Carport / Driveway

Direction Faces

South

Lot Size (Acres)

2.24

Living Sq Ft

2,909

Total Sq Ft

3,424

Sewer

Septic Tank

Water Source

Well

Zoning

9000

Interior Features

Appliances

Dryer / Electric Range / Disposal / Refrigerator / Washer

Cooling

Central Air / Ceiling Fans / Electric

Heating

Central / Electric

Flooring

Tile

Interior Features

Bedroom On Main Level / Dining Area / Separate Formal Dining Room / Eat In Kitchen / Main Level Primary / Separate Shower / Vaulted Ceilings / Walk In Closets

Total Rooms

4

Furnished

Unfurnished

Exterior Features

Construction

Block

Roof

Shingle

Lot Features

Two To Three Acres / Sprinkler System

Community & HOA

Security

Smoke Detectors

Utilities

Cable Available

Pets Allowed

No Pet Restrictions / Yes

Financing Terms

Cash / Conventional

MLS Area

2690

Schools

Elementary School

Coconut Palm K-8 Academy

High School

Homestead