What did 12495 SW 240th Street sell for?

12495 SW 240th Street sold for $1,400,000 on Jun 10, 2026, about 90.3% of its last asking price of $1,550,000 and about $481 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the property taxes on 12495 SW 240th Street?

The listing reported annual property taxes of $9,974 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 12495 SW 240th Street built?

12495 SW 240th Street was built in 1959. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 12495 SW 240th Street on the market?

12495 SW 240th Street was on the market for 139 days before it sold.

Which schools serve 12495 SW 240th Street?

The MLS lists Coconut Palm K-8 Academy (elementary), Homestead (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 12495 SW 240th Street still for sale?

No. 12495 SW 240th Street sold on Jun 10, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

12495 SW 240th Street, Homestead, FL 33032

Sold $1,400,000 · Jun 10, 2026

Last asking price $1,550,000 · 90.3% of asking · 139 days on market

Similar Homes for Sale Nearby

15720 SW 252nd Street, Homestead, FL 33031 · $1,250,000 · 5 bd · 4 ba · 3,095 sq ft
19501 SW 236th Street, Homestead, FL 33031 · $939,700 · 3 bd · 3 ba · 1,904 sq ft

6 beds
3 baths
2,909 sq ft
Single Family Residence
Built 1959
Lot 97,574.4 sq ft
3,424 sq ft total
Miami-Dade County
MLS# A11880917
Silver Palm East Neighbor

Photo 1 at 12495 SW 240th Street, Homestead

Photo 2 at 12495 SW 240th Street, Homestead

Photo 3 at 12495 SW 240th Street, Homestead

Photo 4 at 12495 SW 240th Street, Homestead

Photo 5 at 12495 SW 240th Street, Homestead

Photo 6 at 12495 SW 240th Street, Homestead

Photo 7 at 12495 SW 240th Street, Homestead

Photo 8 at 12495 SW 240th Street, Homestead

About this home

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. Prime Development Opportunity – 2.24 Acres in Unincorporated Miami-Dade. Excellent location within a 1/2 mile of the new SMART Plan Kendall Corridor (designated Rapid Bus Transit along US-1). This 2.24-acre property offers tremendous potential for developers & investors. Zoning: Currently zoned multi-family (2–9 units). Potential to rezone for luxury homes, townhomes, or vertical development for apartments/condominiums. Existing Structures: Main House: 4 bedrooms, 2 bathrooms, large eat-in kitchen, living room, dining room, family room, laundry room, & tile flooring throughout. Features stainless steel appliances. Guest House: Approximately 817 sq. ft. with 2 bedrooms, 1 bathroom, kitchen/dining area, living room, & den. Currently rented—providing immediate income. Utilities: Each home has its own well and septic system. Sprinkler system with a dedicated well. Lot Features: Spacious, quiet setting with plenty of room for future development. Property sold “AS-IS.”

Features

Vaulted Ceiling(s)
Walk-In Closet(s)

Schools

Elementary: Coconut Palm K-8 Academy
High: Homestead

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Florida Relocation Team, LLC · team@floridarelocationteam.com · Listing agent: Gustavo Gutierrez

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

12495 SW 240th Street sold on Jun 10, 2026. If you own nearby, get a free home valuation or see homes for sale in Homestead. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 12495 SW 240th Street

What did 12495 SW 240th Street sell for?: 12495 SW 240th Street sold for $1,400,000 on Jun 10, 2026, about 90.3% of its last asking price of $1,550,000 and about $481 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 12495 SW 240th Street?: The listing reported annual property taxes of $9,974 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 12495 SW 240th Street built?: 12495 SW 240th Street was built in 1959. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 12495 SW 240th Street on the market?: 12495 SW 240th Street was on the market for 139 days before it sold.
Which schools serve 12495 SW 240th Street?: The MLS lists Coconut Palm K-8 Academy (elementary), Homestead (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 12495 SW 240th Street still for sale?: No. 12495 SW 240th Street sold on Jun 10, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Nearby ZIP Codes

Other Homestead neighborhoods include Hemingway Point and Seapines. Nearby ZIP codes include 33030 and 33031. This property also neighbors Cutler Bay, Palmetto Bay, and Florida City. Compare it with the Homestead housing market report.