24431 SW 114 PL, Homestead, FL 33032

Parcel: 3060190091670 · Residential - Single Family · Cluster Home · Zoning: 9400

Assessed Value (2025)
$484,170

Property Details

Beds
3
Baths
2.5
Living Sqft
3,116
Year Built
2016
Lot Sqft
4,560
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$6,072,000
2012-06-29
LUCKY START AT SUMMERVILLE LLCARC SUMMERVILLE LOTS LLC
2
$1,345,000-78%
2013-12-16
ARC SUMMERVILLE LOTS LLCD R HORTON INC
3
$340,700-75%
2016-06-28
D R HORTON INCGUSTAVO ALVAREZ

Tax Assessment History

$484,170
Assessed (2025)
$522,575
Market Value
$484,170
Taxable Value
$9,857
Annual Tax
2024
$440,155
$526,891
2025
$484,170
$522,575
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $484,170 $522,575 $484,170 $9,857
2024 $440,155 $526,891 $440,155 $8,961

About 24431 SW 114 PL, Homestead, FL 33032

24431 SW 114 PL, Homestead, FL 33032 is a 3-bedroom, 2.5-bathroom residential - single family : cluster home built in 2016 with 3,116 square feet of living space on a 4,560 square foot lot. The property is currently owned by GUSTAVO ALVAREZ MORAG SUSAN ALVAREZ, 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 2016-06-28 for $340,700, when D R HORTON INC sold to GUSTAVO ALVAREZ. The property sold for $1,004,300 less than the prior sale of $1,345,000 on 2013-12-16. There are 3 recorded sales for this property.

The 2025 assessed value is $484,170 with a market value of $522,575. This breaks down to $125,440 for the land and $397,135 for the building. The assessed value increased 10% from $440,155 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 $11,484 recorded against this property.

24431 SW 114 PL, 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 2012 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 142% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $109 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

GUSTAVO ALVAREZ MORAG SUSAN ALVAREZ
24431 SW 114 PL, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,305 — $5,641
Flood $400 — $800
Property/Wind $2,905 — $4,841

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 24431

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
6
View full risk analysis →

Mortgages

ACTIVE
$11,935
~$11,484 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2024-08-07
1 satisfied mortgage
SATISFIED 2021-08-05
$36,062
SECRETARY HOUSING URBAN DEVELOPMENT
Est. Total Balance $11,484
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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