10862 SW 242 ST, Homestead, FL 33032

10862 SW 242 ST, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2006 with 2,440 square feet of living space on a 5,000 square foot lot. The property is currently owned by MAYURY MAYO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-10-29 for $326,900, when ROBERT NEUMEYER sold to MAYURY MAYO. The property sold for $120,200 less than the prior sale of $447,100 on 2006-07-01. The 2025 assessed value is $434,221 with a market value of $434,221.

This breaks down to $150,001 for the land and $284,220 for the building. The assessed value decreased 1% from $437,687 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $163,794 recorded against this property.

10862 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 2006 to 2020, with 2 recorded transactions in the public record.

The current assessed value represents 133% 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. There are 4 active building permits on this property with a combined estimated cost of $13,000, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $134 per square foot — a key metric for comparing value across Homestead's real estate market..