$367,000 - $460,000
RENTED OCT 15, 2024

1261 NE 40th Rd Homestead, FL 33033

Waterstone Neighborhood
4 Beds
2 Baths
1,473 Sq Ft
$277 Price per Sq Ft

Highlights

  • Fitness Center
  • No HOA
  • 1 Car Attached Garage
  • Gated with Attendant
  • Community Pool
  • Walk-In Closet

About This Home

As of October 2024

Single family home in gated community of Portofino Palms in Waterstone. One story with high ceilings and split bedroom plan. Tile floors throughout, with wood laminate in bedrooms, Updated kitchen with breakfast area. spacious garage with washer and dryer. Use of community amenities. Close to Baptist Hospital and Air Force Base.
Easy access to Florida's Turnpike, just a 30 minute ride to Key Largo. HOA approval required

Last Agent to Rent the Property

Carlos Garcia

The Keyes Company License #0630508 Listed on: 07/15/2024

The Keyes Company

Last Renter's Agent

Alejandro Gil

Caralex Intl Realty Group Corp License #3510736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,010

Year Built

  • Built in 2006

Lot Details

  • 3,600 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned 9300

Parking

  • 1 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,473 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Schools

  • Mandarin Lakes K-8 Academy Elementary School
  • Redland Middle School
  • Homestead High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/18/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 10-79-10-031-0500

Community Details

Overview

  • No Home Owners Association
  • Portofino Palms,Portofino Palms Subdivision
  • Maintained Community

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,010

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-07-18
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Directions: Turnpike to 312 St Exit, Go East to Last Waterstone entrance, Present ID to Guard, First entrance on right is Portofino Palms.
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: PORTOFINO PALMS,Portofino Palms
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1473
  • Stories: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: None
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PORTOFINO PALMS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Gated with Guard

Condo/Co-op/Association

  • Amenities: Gated, Community Pool, Exercise Room, Guard At Gate, Maintained Community, Management On Site, Security Patrol
  • Association: No

Schools

  • Elementary School: Mandarin Lakes K-8 Academy
  • High School: Homestead
  • Middle Or Junior School: Redland

Lot Info

  • Parcel Number: 10-79-10-031-0500
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 3600
  • Zoning: 9300
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Desamours Garry M
Bought by
Gmd Legacy Investments Llc
Current Estimated Value
$410,131

Purchase Details

Closed on
Aug 15, 2011
Sold by
Schmidt Eric
Bought by
Desamours Garry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Re Properties Llc
Bought by
Schmidt Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2009
Sold by
Schmidt Eric
Bought by
Re Properties Llc

Purchase Details

Closed on
Jul 5, 2006
Sold by
Liway Jose Manuel
Bought by
Schmidt Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2006
Sold by
Prime Homes At Portofino Palms Ltd
Bought by
Liway Jose Manuel
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gmd Legacy Investments Llc -- Attorney
Desamours Garry M $95,000 None Available
Schmidt Eric -- None Available
Re Properties Llc -- None Available
Schmidt Eric $295,200 Kaizen & Vazquez Title Inc
Liway Jose Manuel $251,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desamours Garry M $65,000
Previous Owner Schmidt Eric $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Rented $2,700 0.0% --
09/25/2024 09/25/24 Under Contract -- -- --
09/12/2024 09/12/24 Price Changed $2,700 -3.6% $2 / Sq Ft
07/18/2024 07/18/24 For Rent $2,800 +107.4% --
07/15/2013 07/15/13 Rented $1,350 -10.0% --
06/15/2013 06/15/13 Under Contract -- -- --
03/12/2013 03/12/13 For Rent $1,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,010 $322,929 $118,801 $204,128
2024 $8,466 $303,385 -- --
2023 $8,466 $275,805 $0 $0
2022 $7,815 $250,732 $79,201 $171,531
2021 $6,249 $169,340 $0 $0
2020 $5,473 $165,981 $46,801 $119,180
2019 $5,260 $163,751 $43,201 $120,550
2018 $4,819 $146,788 $28,801 $117,987
2017 $4,609 $115,663 $0 $0
2016 $4,388 $105,149 $0 $0
2015 $4,255 $95,590 $0 $0
2014 $4,066 $86,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Garcia

    Landlord's Agent in 2024

    Carlos Garcia

    The Keyes Company

    (305) 229-7001

    1 in this area

    74 Total Sales

    Section Image

  • A

    Tenant's Agent in 2024

    Alejandro Gil

    Caralex Intl Realty Group Corp

    (786) 239-0155

    84 Total Sales

    Section Image

  • C

    Buyer's Agent in 2013

    Carmen Marquez-Kahn

    BHHS EWM Realty

    (305) 479-6196

    15 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11626134

MIAMI REALTORS® MLS

APN: 10-7910-031-0500

Florida Miami/Dade County Homestead 33033 Waterstone

1261 NE 40th Rd, Homestead, FL

This home is located at 1261 NE 40th Rd, Homestead, FL 33033 since 15 July 2024 and is currently priced at $408,665. This property was built in 2006. 1261 NE 40th Rd is a home located in Miami-Dade County with nearby schools including Mandarin Lakes K-8 Center, Redland Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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