PORTOFINO PALMS

1097 NE 40th Rd, Homestead FL 33033

3 beds · 2.5 baths · 1,652 ft²

Closed

$440,000

2.20%

Est. Payment $2,342/mo

MLS Sheet Video

3

Bedrooms

2.5

Bathrooms

1,652

Sq. Ft.

2006

Year Built

2

Garage

136

Days on Market

Description

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!

Facts

MLS#
A11955421
Subdivision
PORTOFINO PALMS
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2006
Lot Size
3,600 ft²
Sq. Ft.
1,652 ft²
Sq. Mt.
153 m²
Price per sq. ft.
$266/ft²
Price per sq. mt.
$2,876/m²
Stories
Garage
2 spaces
Pool
Days on Market
136 days
Listed
Feb 6, 2026
Last Updated
Jul 13, 2026
Price/Lot Sq.Ft.
$122/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Homestead

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

Sellers market

September 2026

100/100
Buyers marketSellers market

17

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).

7/13/2026Sold$440,000
6/6/2026Price change$440,000-2.2%
2/6/2026Listed for sale$449,900

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

Location

1097 NE 40th Rd, Homestead FL 33033Directions

Estimated Monthly Payment

$2,859/mo

Principal & Interest

$2,342

Property Tax

$367

Insurance

$150

HOA

$0

20% ($88,000)
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

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