.

12525 SW 240th St, Homestead FL 33032

Closed

$1,200,000

33.33%

Est. Payment $6,387/mo

MLS Sheet Video

218

Days on Market

Description

Prime 2.07-acre development opportunity in unincorporated Miami-Dade County, within ½ mile of the SMART Plan Kendall Corridor, a designated Rapid Transit Activity Corridor. This versatile site allows for rezoning to vertical or horizontal mixed-use development, supporting up to 36 residential units per acre (max 74 units or 28 garden Townhomes) and 1.5 FAR. The property is zoned for residential or mixed-use potential, making it ideal for developers looking to capitalize on expanding transit infrastructure. With 59.71% of surrounding development already residential, single-use residential projects up to 140,757 sq. ft. are feasible. Convenient access to major roads, retail, and public transit. Don’t miss this rare high-density redevelopment opportunity!

Facts

MLS#
A11749919
Subdivision
.
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
90,169 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
218 days
Listed
Feb 21, 2025
Last Updated
Dec 10, 2025
Price/Lot Sq.Ft.
$13/ft²

Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

75/100
Buyers marketSellers market

57

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

12/10/2025Sold$1,200,000
8/15/2025Price change$1,200,000-33.3%
2/21/2025Listed for sale$1,800,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

12525 SW 240th St, Homestead FL 33032Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$7,537/mo

Principal & Interest

$6,387

Property Tax

$1,000

Insurance

$150

HOA

$0

20% ($240,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

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