11271 SW 246 TER, Homestead, FL 33032

11271 SW 246 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2002 with 1,264 square feet of living space on a 6,000 square foot lot. The property is currently owned by MRMR LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2010-09-24 for $600,000, when MARY M ADELEKE sold to MRMR LLC. The property has appreciated $599,900 (599900%) since the prior sale of $100 on 2010-09-20. There are 3 recorded sales for this property.

The 2025 assessed value is $235,064 with a market value of $344,725. This breaks down to $168,000 for the land and $176,725 for the building. The assessed value increased 10% from $213,695 in 2024.

The median household income in this area is $93,706, and the median home value is $420,100. The population density is 5,816 people per square mile. 11271 SW 246 TER, Homestead, FL 33032 is located in Homestead, Florida.

Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2002 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 39% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $475 per square foot — a key metric for comparing value across Homestead's real estate market..