11606 SW 245 TER, Homestead, FL 33032
Parcel: 3060190090910 · Residential - Single Family · Cluster Home · Zoning: 9400
Assessed Value (2025)
$423,627
Property Details
Beds
4
Baths
2.5
Living Sqft
2,263
Year Built
2015
Lot Sqft
4,385
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME
Sales History
1
$280,000
2015-09-28
D R HORTON INC → GABRIELA M ORTEGA
2
$315,000+13%
2019-03-12
GABRIELA M ORTEGA → ALEXANDER R GUEVARA
3
$543,000+72%
2024-07-31
ALEXANDER R GUEVARA → LARRY R MARTINEZ
4
$543,000
2024-08-15
Tax Assessment History
$423,627
Assessed (2025)
$423,627
Market Value
$423,627
Taxable Value
$8,625
Annual Tax
2024
$275,508
$426,932
2025
$423,627
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $423,627 | $423,627 | $423,627 | $8,625 | $122,780 | $300,847 |
| 2024 | $275,508 | $426,932 | $225,508 | $4,591 | $122,780 | $304,152 |
About 11606 SW 245 TER, Homestead, FL 33032
11606 SW 245 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2015 with 2,263 square feet of living space on a 4,385 square foot lot. The property is currently owned by LARRY R MARTINEZ MARISELY LOPEZ MARTINEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2024-08-15 for $543,000. There are 4 recorded sales for this property. The 2025 assessed value is $423,627 with a market value of $423,627.
This breaks down to $122,780 for the land and $300,847 for the building. The assessed value increased 54% from $275,508 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. There are active mortgage liens totaling $522,936 recorded against this property. 11606 SW 245 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 2015 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 78% of the most recent sale price.
Based on the most recent sale, this property traded at $240 per square foot — a key metric for comparing value across Homestead's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024179575 | building | F | $23,260 |
Current Owner
LARRY R MARTINEZ MARISELY LOPEZ MARTINEZ
11606 SW 245 TER, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$2,941 — $5,036
Flood $400 — $800
Property/Wind $2,541 — $4,236
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$93,706
Median Home Value$420,100
Pop. Density5,816/sq mi
Neighborhood 11606
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
Mortgages
ACTIVE
$533,164
LOWER LLC · 2024-08-15
1 satisfied mortgage
SATISFIED 2020-10-30
$305,377
PENNYMAC LOAN SERVICES LLC
Est. Total Balance $522,936
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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