11315 SW 243 TER, Homestead, FL 33032

11315 SW 243 TER, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2006 with 2,925 square feet of living space on a 5,010 square foot lot. The property is currently owned by LI CHIN LAMKIN, 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 2009-11-20 for $188,000, when SIMON CHAN sold to LI CHIN LAMKIN. The property sold for $263,990 less than the prior sale of $451,990 on 2006-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $466,952 with a market value of $484,274. This breaks down to $150,175 for the land and $334,099 for the building. The assessed value increased 10% from $424,502 in 2024.

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. 11315 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 2009, with 3 recorded transactions in the public record. The current assessed value represents 248% 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 $64 per square foot — a key metric for comparing value across Homestead's real estate market..