Foreclosure for Sale on SW 242nd St, Homestead, FL 33031

Foreclosures โ€บ Florida โ€บ Miami-dade โ€บ Homestead โ€บ SW 242nd St
Pre-foreclosure property at SW 242nd St, Homestead, FL 33031. 5 bed 3 bath 5,267 sq ft Miami-dade County foreclosure listing.
Pre-foreclosure Active 89 days on market
SW 242nd St, Homestead, FL 33031
Price TBD
Miami-dade County ยท Florida
5
Bedrooms
3
Bathrooms
5,267
Sq ft
1997
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 5
Bathrooms 3
Living area 5,267 sq ft
Year built 1997
County Miami-dade County
State Florida
ZIP 33031
Days on Market 89 days
Listing ID 65747578
About this property

This home in Homestead, FL is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Miami-dade County Market ยท Updated daily
Active Listings
7,778
Avg. Est. Value
$412,874
Bank-Owned (REO)
178
Pre-Foreclosures
7,600

960 active foreclosure listings in Homestead, FL.

Browse all Miami-dade County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Miami-dade County foreclosures for additional guidance on the purchase process.
There are currently 960 active foreclosure listings in Homestead, FL. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Homestead, FL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 33031 ยท U.S. Census ACS
Population
7,692
Median Age
44.3 yrs
Households
2,419
Median Household Income
$107,448
Median Home Value
$441,700
Median Rent
$1,471/mo
Owner-Occupied
90% of homes
Vacancy Rate
1% of units
Unemployment Rate
4.7%

~13% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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