11024 SW 242 ST, Homestead, FL 33032

11024 SW 242 ST, Homestead, FL 33032 is a 5-bedroom, 3-bathroom residential - single family : cluster home built in 2006 with 2,914 square feet of living space on a 5,773 square foot lot. The property is currently owned by FTUS HOMES III 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 2021-10-20 for $360,800, when GREEN LIFE INVESTMENTS LLC sold to FTUS HOMES III LLC. There are 3 recorded sales for this property. The 2025 assessed value is $497,829 with a market value of $497,829.

This breaks down to $161,595 for the land and $336,234 for the building. The assessed value decreased 1% from $501,929 in 2024. The median household income in this area is $86,925, and the median home value is $399,500.

The population density is 9,262 people per square mile. 11024 SW 242 ST, 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 2011 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 138% 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 $124 per square foot — a key metric for comparing value across Homestead's real estate market..