$500,000
Sold · May 27, 2026
15042 SW 297th Terrace
Explore the area: Homestead homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $500,000
- Vs. list price
- At list
- Days on market
- 23
- Price per sq ft
- $220
This 5-bedroom single-family home in Palmland Homes South No 3 sold for $500,000 on May 27, 2026. That was exactly its final list price of $500,000. It spent 23 days on the market. At $220 per square foot, it closed 43.7% below the $391 median of the 5 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $500,000
- Sold On
- May 27, 2026
- Days on Site
- 23 Days
- Bedrooms
- 5
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 2,270 sqft
- Total Sq Ft
- 2,694 sqft
- Lot Size
- 0.17 Acres
- Year Built
- 1969
- Property Type
- Single Family
- MLS #
- B26005984
- Subdivision
- PALMLAND HOMES SOUTH NO 3
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Standard / Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1969
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Attached Carport / Attached / Carport / Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.17
- Living Sq Ft
- 2,270
- Total Sq Ft
- 2,694
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Ice Maker / Microwave / Range / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Wall Window Units
- Heating
- Central
- Flooring
- Concrete / Ceramic Tile / Tile / Vinyl
- Interior Features
- Kitchen Island / Main Level Primary / Storage
- Laundry
- Inside / Laundry Room
- Main Level Bedrooms
- 5
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Stone / Stucco
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area / Porch
- Architectural Style
- Other / Ranch
- Private Pool
- Yes
- Pool Features
- Fenced / In Ground / Private
- Patio & Porch
- Covered / Deck / Patio / Porch / Screened
- Lot Features
- None
Community & HOA
- Utilities
- Electricity Available / Phone Available / Sewer Available / Water Connected
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Other Restrictions
- MLS Area
- 2790
Schools
- Elementary School
- Irving & Beatrice Peskoe K-8
- Middle School
- Redland
- High School
- Homestead
About the Community
Palmland Homes South No 7 is a community in Homestead, Miami-Dade County, Florida. Active listings are priced from $465,000 to $470,000. Homes were built between 1972 and 1977. Pure Equity lists homes in Palmland Homes South 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
- 5
- Under Contract
- 3
- Median List Price
- $509,999
- Median $/Sq Ft
- $364
- Avg Days on Market
- 36
Frequently Asked Questions
- How do I schedule a tour of 15042 SW 297th Terrace, Homestead, FL 33033?
- Use the Tour button on this listing to request a showing of 15042 SW 297th Terrace, 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 15042 SW 297th Terrace, Homestead, FL 33033 still available?
- 15042 SW 297th Terrace, Homestead, FL 33033 is currently listed as Sold, and has been on the market 23 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 15042 SW 297th Terrace, Homestead, FL 33033?
- With 20% down ($100,000) on the $500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15042 SW 297th Terrace, Homestead, FL 33033 is about $2,628/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 15042 SW 297th Terrace, Homestead, FL 33033?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15042 SW 297th Terrace, Homestead, FL 33033. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 15042 SW 297th Terrace, Homestead, FL 33033?
- 15042 SW 297th Terrace, Homestead, FL 33033 is zoned for Irving & Beatrice Peskoe K-8 (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 15042 SW 297th Terrace, Homestead, FL 33033?
- Often, yes. The right offer on 15042 SW 297th Terrace, 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 Premier Investments Realty
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.
$500,000
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Listed by Michelle A Athens, Premier Investments Realty
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Recent Sales
Recently sold homes in Palmland Homes South No 3
These are the last 6 recorded closings in Palmland Homes South No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $391 per square foot. The most recent closed on September 29, 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$450,000
Sold · September 29, 2026
15122 SW 297th Terrace
3 bed · 2 bath · 1,292 sqft · $348/sqft
Sold$505,000
Sold · September 25, 2026
15120 SW 296th Street
3 bed · 2 bath · 1,292 sqft · $391/sqft
Sold$180,000
Sold · August 12, 2026
30321 SW 149th Avenue
0 bed · 0 bath
$20,000 under the asking price
Sold$522,000
Sold · July 13, 2026
15621 SW 302nd Street
3 bed · 2 bath · 1,525 sqft · $342/sqft
$7,000 over the asking price
Sold$441,000
Sold · July 1, 2026
30120 SW 156th Avenue
3 bed · 1 bath · 1,104 sqft · $399/sqft
$17,000 under the asking price
Sold$560,000
Sold · June 26, 2026
30001 SW 153rd Avenue
4 bed · 2.5 bath · 1,400 sqft · $400/sqft
$25,000 under the asking price
See every recorded sale in Palmland Homes South No 3 or find out what your Palmland Homes South No 3 home is worth.
