11427 SW 243 TER, Homestead, FL 33032

Parcel: 3060190120980 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$203,931

Property Details

Beds
5
Baths
3
Living Sqft
3,399
Year Built
2006
Lot Sqft
5,735
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$6,216,000
2006-02-01
2
$401,440-94%
2006-06-01
3
$205,000-49%
2012-06-15
VICTOR CASADOMELITZA FRANCESCHI ORTIZ

Tax Assessment History

$203,931
Assessed (2025)
$536,128
Market Value
$153,209
Taxable Value
$3,119
Annual Tax
2024
$198,184
$540,703
2025
$203,931
$536,128
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $203,931 $536,128 $153,209 $3,119
2024 $198,184 $540,703 $148,184 $3,017

About 11427 SW 243 TER, Homestead, FL 33032

11427 SW 243 TER, Homestead, FL 33032 is a 5-bedroom, 3-bathroom residential - single family : cluster home built in 2006 with 3,399 square feet of living space on a 5,735 square foot lot. The property is currently owned by MELITZA FRANCESCHI ORTIZ, 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 2012-06-15 for $205,000, when VICTOR CASADO sold to MELITZA FRANCESCHI ORTIZ. The property sold for $196,440 less than the prior sale of $401,440 on 2006-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $203,931 with a market value of $536,128. This breaks down to $161,025 for the land and $375,103 for the building. The assessed value increased 3% from $198,184 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 $38,679 recorded against this property. 11427 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 2012, with 3 recorded transactions in the public record. The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $60 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

MELITZA FRANCESCHI ORTIZ
11427 SW 243 TER, MIAMI, FL, 33032
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 11427

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →

Mortgages

ACTIVE
$40,513
~$38,679 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2022-06-28
Est. Total Balance $38,679
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales