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
Interior Features
First Floor Entry, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Great Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
Laundry Features
Utility Room/Laundry
Exterior
Architectural Style
Attached, One Story
Community Features
Paved Road
Construction Materials
Concrete Block Construction
Covered Spaces
1
Direction Faces
South
Lot Features
2 To Less Than 3 Acre Lot
Open Parking YN
1
Other Structures
Guest House
Parking Features
Attached Carport, Driveway
Roof
Shingle
Security Features
Smoke Detector
View
None
Window Features
Hurricane Shutters
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 Apr 26, 2026
1,020
Single Family Listed
129
Avg DOM
336
Avg $ / SqFt
$881,187
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 $336. The average listing price for Single Family in Homestead is $881,187.
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