Miami-Dade County  »  124 E Palm Dr

124 East Palm Drive, Homestead, FL 33034 - Property report

Also known as: 124 E Palm Dr

Property image for 124 East Palm Drive, Homestead, FL 33034
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Property type

Hotel or Motel: Hotel (3921)

Year built

1990

Acreage

2.15

Sale price

$4,000,000

General information

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Address
Primary address
124 East Palm Drive
ZIP code
33034
County
Miami-Dade
Municipality
16
Neighborhood
167919001
Parcel ID
1679190010401
Qualifier

Owner

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Sales
Sale date
06/12/2012
Sale price
$4,000,000
Arm's length
Tax
Tax year
2025
Current property tax
$100,830
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
61,174
Buildings on lot
1
Stories
2
Year built
1990
Lot
Total sq. ft.
61,174
Acreage
2.15
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
54 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
74 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 124 East Palm Drive, Homestead, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 124 East Palm Drive, Homestead, FL 33034

Sale date Sale price Buyer name Seller name
06/12/2012 $4,000,000 XXXXXXXX XXXXXX XXX XXX XXXXXX XXX XXXX XXXXX XXX
05/15/2007 $9,225,000 XXX XXXXXX XX XXXX XXXXX XXX XXXXXXX XXXX XXX
05/15/2007 $7,500,000 XXXXXXX XXXX XXX XXXXXX, X X &X; XXXXXX, XXXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/12/2012 - D
06/12/2012 - R
Deed XXX XXXXXX XXX XXXX XXXXX XXX XXXXXXXX XXXXXX XXX
05/15/2007 - R Deed XXXXXXX XXXX XXX XXX XXXXXX XX XXXX XXXXX XXX
05/15/2007 - R Deed XXXXXX, X X &X XXXXXXX XXXX XXX
06/11/2002 - R Notice of Commencement XXXXXXX XXXX XXX
04/24/1995 - R Easment XXXXXXX XXXX XXX XXXXXXX XXXXX & XXXXX XX
10/27/1977 - R Quit Claim Deed XXXXXX, XXXXXX X &X XXXXX X XXXXXX, XXXX X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 124 East Palm Drive, Homestead, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$100,830
Recent tax assessments
Market value
$4,700,000
Land value
$1,873,080
Building value
$2,826,920
Assessed value
$4,700,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $4,700,000 $4,700,000 21.4531 $100,830 -2.89%
2024 $5,000,000 $4,802,600 21.3477 $103,828 +0.03%
2023 $4,800,000 $4,800,000 21.6241 $103,796 +17.61%
2022 $4,000,000 $4,000,000 22.0642 $88,257 +3.84%
2021 $3,700,000 $3,700,000 22.9719 $84,996 -16.10%
2020 $4,400,000 $4,400,000 23.0234 $101,303 +2.60%
2019 $4,300,000 $4,300,000 22.9629 $98,740 +4.39%
2018 $4,200,000 $4,200,000 22.5219 $94,592 +1.33%
2017 $4,100,000 $4,100,000 22.7682 $93,350 +0.81%
2016 $4,000,000 $4,000,000 23.1496 $92,598 -1.55%

Permit information for 124 East Palm Drive, Homestead, FL

No recently recorded permits for this property.

Homestead residential market stats

Access a detailed real estate market overview of Homestead so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Homestead and compare it to other neighborhoods in Miami-Dade.

Median sale price

$412,000

-8.4% Y-o-Y

Median price/sq. ft.

$220

-3.5% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Homestead and see how their prices compare.

Demographics by ZIP code

Total population
23,823
Median age
32.4
Average household income
$64,416
Family households
66.0%
People per household (average)
3.25
Occupied housing units
6,656
Owner-occupied units
35.9%
Median year structure built
1994
Median value mortgaged units
$347,900
Median value unmortgaged units
$319,000

Risk

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FEMA flood zones

FEMA flood zones
AE, X

Transportation

Daily traffic map

Access the detailed traffic volume map for 124 East Palm Drive, Homestead, FL 33034 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 124 East Palm Drive, Homestead, FL 33034?

The development at 124 East Palm Drive, Homestead, FL 33034 was built in 1990.

What is the market value of 124 East Palm Drive, Homestead, FL 33034?

The current market value of 124 East Palm Drive, Homestead, FL 33034 is $4,700,000.

What is the total square footage of 124 East Palm Drive, Homestead, FL 33034?

124 East Palm Drive, Homestead, FL 33034 has a total of 61,174 square feet.

What is the price per square foot for this property?

$65 per square foot is the price for 124 East Palm Drive, Homestead, FL 33034.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 123.

Disclaimer

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