$1,400,000
Sold · June 10, 2026
12495 SW 240th Street
Silver Palm East Neighbor
Explore the area: Homestead homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,400,000
- Vs. list price
- 9.7% under
- Days on market
- 139
- Price per sq ft
- $481
This 6-bedroom single-family home in ZIP 33032 sold for $1,400,000 on June 10, 2026. That was 9.7% below its final list price of $1,550,000. It first came on the market at $1,500,000, so the price was adjusted before it sold. It spent 139 days on the market.
Listing Snapshot
- Sold Price
- $1,400,000
- Sold On
- June 10, 2026
- 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
- Special Conditions
- Real Estate Owned / Listed As Is
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.”
MLS media linkGeneral 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
- Restrictions
- No Restrictions
- MLS Area
- 2690
Schools
- Elementary School
- Coconut Palm K-8 Academy
- High School
- Homestead
About the Area
Browse Homestead homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Homestead includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Homestead listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 1,590
- Under Contract
- 379
- Median List Price
- $440,000
- Median Sale Price (September)
- $471,000
- Median $/Sq Ft
- $261
- Avg Days on Market
- 123
Frequently Asked Questions
- How do I schedule a tour of 12495 SW 240th Street, Homestead, FL 33032?
- Use the Tour button on this listing to request a showing of 12495 SW 240th Street, Homestead, FL 33032. 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 12495 SW 240th Street, Homestead, FL 33032 still available?
- 12495 SW 240th Street, Homestead, FL 33032 is currently listed as Sold, and has been on the market 139 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 12495 SW 240th Street, Homestead, FL 33032?
- With 20% down ($310,000) on the $1,550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12495 SW 240th Street, Homestead, FL 33032 is about $8,146/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 12495 SW 240th Street, Homestead, FL 33032?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12495 SW 240th Street, Homestead, FL 33032. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 12495 SW 240th Street, Homestead, FL 33032?
- 12495 SW 240th Street, Homestead, FL 33032 is zoned for Coconut Palm K-8 Academy (elementary), 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 12495 SW 240th Street, Homestead, FL 33032?
- Often, yes. The right offer on 12495 SW 240th Street, Homestead, FL 33032 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 Florida Relocation Team, 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.
$1,400,000
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Listed by Gustavo Gutierrez, Florida Relocation Team, LLC
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Recent Sales
Recently sold homes in ZIP 33032
These are the last 6 recorded closings in ZIP 33032, with the price each home actually sold for rather than what it was listed at. They closed at a median of $261 per square foot. The most recent closed on October 15, 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$380,000
Sold · October 15, 2026
10831 SW 240th Lane
3 bed · 2.5 bath · 1,572 sqft · $242/sqft
$100 over the asking price
Sold$450,000
Sold · October 14, 2026
25354 SW 108th Avenue
3 bed · 2.5 bath · 1,872 sqft · $240/sqft
$7,000 over the asking price
Sold$370,000
Sold · October 13, 2026
13828 SW 262nd Street
4 bed · 3.5 bath · 1,418 sqft · $261/sqft
$4,900 under the asking price
Sold$575,000
Sold · October 13, 2026
13390 SW 257th Terrace
3 bed · 2 bath · 1,230 sqft · $467/sqft
$15,100 over the asking price
Sold$580,000
Sold · October 12, 2026
12072 SW 249th Street
4 bed · 2.5 bath · 1,820 sqft · $319/sqft
$19,000 under the asking price
Sold$382,000
Sold · October 9, 2026
11477 SW 250th Street
3 bed · 2.5 bath · 1,659 sqft · $230/sqft
See every recorded sale in ZIP 33032 or find out what your ZIP 33032 home is worth.
