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$1,500,000
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Property Description
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.
Full Property Details
Full Property Details for 12495 SW 240th St
General
- Price: $1,500,000
- Taxes: $9,974 (2024)
- Status: Active
- Type: Single Family
- Source: Greater_Miami
- MLS ID: A11880917
- Updated: 12/3/2025
- Added to Site: 117 day(s) ago
Interior
- Interior Features: First Floor Entry, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Great Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
- Appliances: Disposal, Dryer, Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
- Bedroom Features: Entry Level, Primary Bath Shower, Primary Bedroom Ground Level
Other Rooms
- Living Room: Family Room, Great Room, Se Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Formal Dining
- Laundry: Utility Room/Laundry
Additional Information
- Security/Safety: Smoke Detector
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport, Driveway
Location
- Area: Silver Palm East Neighbor
- County: Miami-Dade County
- Subdivision: Silver Palm East Neighbor
- Building Name: Silver Palm East Neighbor
- Driving Directions: 1. From US-1 S, turn right onto NW 248th St (Coconut Palm Dr). 2. Continue west, then turn right onto NW 127th Ave. 3. Turn left onto NW 240th St. 4. Your destination, 12495 NW 240th St, Homestead, FL, will be on the left.
- Direction Faces: South
School Information
- Middle School: Redland
- High School: Homestead
Community
- Community Name: Silver Palm East Neighbor
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Style: Attached, One Story
- Structure Type: R30-No Pool/No Water, House
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Windows: Hurricane Shutters
- Building Size: 3424
- Square Feet: 2,909
- Living Area: 2,909 Sq. Ft.
- Year Built: 1959
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: None
- Lot Size (Sq. Ft.): 97,574
- Lot Features: 2 To Less Than 3 Acre Lot
- Zoning: 9000
Financial Considerations
- Price Per Sq. Ft.: $515.64
- Tax Amount: $9,974
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 24 56 39 2.24 AC SW1/4 OF SE1/4 OF SW1/4 OF NW1/4 LESS ST LOT SIZE IRREGULAR OR 20852-3837 112002 1
- Restrictions: No Restrictions
- Property ID: 30-69-24-000-0630
Listed by Florida Relocation Team, LLC
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Schools
Schools serving 12495 SW 240th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Coconut Palm K-8 Academy 24400 Sw 124th Ave, Homestead, FL 33032 | PK-5 | 0.2 mi |
Redland Middle School 16001 Southwest 248th Street, Homestead, FL 33031 | 6-8 | 3.7 mi |
Homestead Senior High School 2351 Southeast 12th Avenue, Homestead, FL 33034 | 9-12 | 7.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12495 SW 240th St
Date
Details
Price
Change
Source
9/23/2025
Listed
$1,500,000
500%
MLS
12/06/2002
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12495 SW 240th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,974
18%
$675,714
27%
2023
$8,436
24%
$532,409
43%
2021
$6,817
-11%
$372,292
-21%
2022
$7,635
12%
$473,474
33%
2021
$6,817
11%
$354,756
7%
2019
$6,115
16%
$330,630
20%
2018
$5,286
1%
$276,282
-16%
2017
$5,256
16%
$328,090
34%
2016
$4,549
1%
$244,932
3%
2015
$4,506
-1%
$238,263
1%
2014
$4,550
1%
$236,178
1%
2013
$4,495
—
$233,645
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12495 SW 240th St
12495 SW 240th St, Homestead, FL 33032 (MLS# A11880917) is a Single Family property with 6 bedrooms and 3 full bathrooms. 12495 SW 240th St is currently listed for $1,500,000 and was received on September 23, 2025. Want to learn more about 12495 SW 240th St? Do you have questions about finding other Single Family real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

