11242 SW 243 TER, Homestead, FL 33032

11242 SW 243 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 2006 with 2,421 square feet of living space on a 5,388 square foot lot. The property is currently owned by SUONG THI NGUYEN, 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 2013-07-10 for $200,000, when HECTOR MUNAR sold to SUONG THI NGUYEN. The property sold for $187,260 less than the prior sale of $387,260 on 2006-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $443,764 with a market value of $443,764. This breaks down to $155,820 for the land and $287,944 for the building. The assessed value increased 1% from $437,554 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 $190,226 recorded against this property. 11242 SW 243 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 2006 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 222% 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 $83 per square foot — a key metric for comparing value across Homestead's real estate market..