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.
Property Details
Price:
$1,550,000
MLS #:
A11880917
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Silver Palm East Neighbor
Neighborhood:
silverpalmeastneighbor
Listed Date:
Sep 23, 2025
Finished Sq Ft:
2,909
Total Sq Ft:
3,424
Year Built:
1959
See this Listing
Schools
Middle School:
Redland
High School:
Homestead
Interior
Appliances
Disposal, Dryer, Electric Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Tile
Heating
Central, Electric
Laundry Features
Utility Room/Laundry
Exterior
Architectural Style
Attached, One Story
Community Features
Paved Road
Construction Materials
Concrete Block Construction
Other Structures
Guest House
Parking Features
Attached Carport, Driveway
Roof
Shingle
Security Features
Smoke Detector
Financial
Tax Year
2024
Taxes
$9,974
Map
Community
- Address12495 SW 240th St Homestead FL
- SubdivisionSilver Palm East Neighbor
- CityHomestead
- CountyMiami-Dade County
- Zip Code33032
Market Summary
Current real estate data for Single Family in Homestead as of Mar 09, 2026
1,017
Single Family Listed
133
Avg DOM
340
Avg $ / SqFt
$884,363
Avg List Price
Property Summary
- Located in the Silver Palm East Neighbor subdivision, 12495 SW 240th St Homestead FL is a Single Family for sale in Homestead, FL, 33032. It is listed for $1,550,000 and features 6 beds, 3 baths, and has approximately 2,909 square feet of living space, and was originally constructed in 1959. The current price per square foot is $533. The average price per square foot for Single Family listings in Homestead is $340. The average listing price for Single Family in Homestead is $884,363.
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