24541 SW 114 PL, Homestead, FL 33032

Parcel: 3060190091750 · Residential - Single Family · Cluster Home · Zoning: 9400

Assessed Value (2025)
$277,527

Property Details

Beds
5
Baths
4
Living Sqft
3,166
Year Built
2016
Lot Sqft
4,535
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$1,345,000
2013-12-16
ARC SUMMERVILLE LOTS LLCD R HORTON INC
2
$357,400-73%
2017-07-14
D R HORTON INCRASHAD ALRICK SPENCE
3
$520,000+45%
2022-03-03
RASHAD ALRICK SPENCENANCY BROWNE

Tax Assessment History

$277,527
Assessed (2025)
$530,772
Market Value
$226,805
Taxable Value
$4,618
Annual Tax
2024
$269,706
$535,180
2025
$277,527
$530,772
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $277,527 $530,772 $226,805 $4,618
2024 $269,706 $535,180 $219,706 $4,473

About 24541 SW 114 PL, Homestead, FL 33032

24541 SW 114 PL, Homestead, FL 33032 is a 5-bedroom, 4-bathroom residential - single family : cluster home built in 2016 with 3,166 square feet of living space on a 4,535 square foot lot. The property is currently owned by NANCY BROWNE RICHARD BROWNE, 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 2022-03-03 for $520,000, when RASHAD ALRICK SPENCE sold to NANCY BROWNE. The property has appreciated $162,600 (45%) since the prior sale of $357,400 on 2017-07-14. There are 3 recorded sales for this property.

The 2025 assessed value is $277,527 with a market value of $530,772. This breaks down to $125,090 for the land and $405,682 for the building. The assessed value increased 3% from $269,706 in 2024.

The property has the following tax exemptions: homestead. 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 $445,440 recorded against this property. 24541 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 2013 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 53% 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 $164 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2025048753 building F $15,989

Current Owner

NANCY BROWNE RICHARD BROWNE
24541 SW 114 PL, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,065 — $3,800
Flood $400 — $800
Property/Wind $1,665 — $3,000

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 24541

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

Mortgages

ACTIVE
$468,000
~$445,440 bal.
VANDERBILT MORTGAGE & FINANCE INC · 2022-03-15
Est. Total Balance $445,440
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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