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2117 NE 40th Rd, Homestead FL 33033

House For Sale
$539,000

BTC: 8.42187500

ETH: 308.70561283

-$10K (2026/05/28)
33 days
Waterfront
4 bds
2 ba
1,967 sqft

Overview

Stunning Mediterranean-style home, beautifully landscaped, in secure gated Waterstone community! This mint-condition, move-in-ready updated gem features 4 spacious bedrooms, 2.5 baths, open floor plan, great for entertaining. Two car garage ready for gym set up if you so desire. You will love the sparkling swimming pool which faces the canal, perfect for those relaxing days. Enjoy easy access to highways, just 5 minutes from Biscayne Beach/Park and 20 minutes from Key Largo. Your perfect coastal lifestyle awaits!

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
2003
Lot:
6000 Square Feet
Heating:
Central / Electric
Price/sqft:
$274
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$159

Valuation

Our model vs. what's actually selling nearby.
Estimate
$490,000
$320K – $549K
Confidence Low
List vs. estimate
$49K above estimate
List $539,000 · +10.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$274
-10.7% vs. city median $306
Based on
73 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $440K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,638
2025
HOA
$159/mo
Pool
In Ground
View
Canal
Waterfront
Canal Front
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Pantry

    • Walk-In Closet(s)

    • Family Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Driveway

    Lot

    • Lot: 6000 Square Feet

    Other Property Information

    • Parcel Number: 10-79-10-005-0160

    • Zoning: 9300

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $159

    • HOA Frequency: Monthly

    • Annual tax amount: $5,638

  • Source details

    • MLS ID: A12002715

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio / Screened Porch

    • Pool Features: In Ground

    • Window Features: Blinds

    • Direction Faces: West

    • Architectural Style: Detached / One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 1967

    • Water Source: Municipal Water

    • Subdivision Name: FLORIDIAN BAY ESTATES,WATERSTONE

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lokation