11309 SW 243 TER, Homestead, FL 33032

Parcel: 3060190120420 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$184,674

Property Details

Beds
4
Baths
2
Living Sqft
2,537
Year Built
2006
Lot Sqft
5,557
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$6,216,000
2006-02-01
2
$428,900-93%
2006-05-01

Tax Assessment History

$184,674
Assessed (2025)
$461,893
Market Value
$133,952
Taxable Value
$2,727
Annual Tax
2024
$179,470
$465,594
2025
$184,674
$461,893
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $184,674 $461,893 $133,952 $2,727
2024 $179,470 $465,594 $129,470 $2,636

About 11309 SW 243 TER, Homestead, FL 33032

11309 SW 243 TER, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2006 with 2,537 square feet of living space on a 5,557 square foot lot. The property is currently owned by FREDDY & MARJORIE BOWEN, 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 2006-05-01 for $428,900. The property sold for $5,787,100 less than the prior sale of $6,216,000 on 2006-02-01. The 2025 assessed value is $184,674 with a market value of $461,893.

This breaks down to $158,380 for the land and $303,513 for the building. The assessed value increased 3% from $179,470 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. 11309 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 2006, with 2 recorded transactions in the public record. The current assessed value represents 43% 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 $169 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2006185072 electrical expired

Current Owner

FREDDY & MARJORIE BOWEN
11309 SW 243 TER, MIAMI, FL, 33032-7125
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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 11309

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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