11418 SW 242 LN, Homestead, FL 33032

11418 SW 242 LN, 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 5,734 square foot lot. The property is currently owned by MICHAEL R BLAIR, 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 2019-05-17 for $122,500, when MICHAEL R BLAIR sold to MICHAEL R BLAIR . The property has appreciated $122,400 (122400%) since the prior sale of $100 on 2013-11-14. There are 3 recorded sales for this property.

The 2025 assessed value is $207,599 with a market value of $539,473. This breaks down to $161,010 for the land and $378,463 for the building. The assessed value increased 3% from $201,749 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.

11418 SW 242 LN, 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 2011 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 169% 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 $36 per square foot — a key metric for comparing value across Homestead's real estate market..