11271 SW 242 ST, Homestead, FL 33032

Parcel: 3060190121330 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$304,834

Property Details

Beds
5
Baths
3
Living Sqft
3,399
Year Built
2006
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$191,600
2014-03-28
FRANCO & ANGELO DI VITA CARUSOOCEAN BANK
2
$245,000+28%
2015-01-28
OCEAN BANKVERNEL S CUNNINGHAM
3
$110,000-55%
2020-04-30
VERNEL S CUNNINGHAMVERNEL S CUNNINGHAM

Tax Assessment History

$304,834
Assessed (2025)
$525,103
Market Value
$254,112
Taxable Value
$5,174
Annual Tax
2024
$296,243
$529,678
2025
$304,834
$525,103
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $304,834 $525,103 $254,112 $5,174
2024 $296,243 $529,678 $246,243 $5,013

About 11271 SW 242 ST, Homestead, FL 33032

11271 SW 242 ST, 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 5,000 square foot lot. The property is currently owned by VERNEL S CUNNINGHAM WAYNE M NEWLAND, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-04-30 for $110,000, when VERNEL S CUNNINGHAM sold to VERNEL S CUNNINGHAM. The property sold for $135,000 less than the prior sale of $245,000 on 2015-01-28. There are 3 recorded sales for this property.

The 2025 assessed value is $304,834 with a market value of $525,103. This breaks down to $150,000 for the land and $375,103 for the building. The assessed value increased 3% from $296,243 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.

11271 SW 242 ST, 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 2014 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 277% 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 $32 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

VERNEL S CUNNINGHAM WAYNE M NEWLAND
11271 SW 242 ST, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,229 — $3,848
Flood $400 — $800
Property/Wind $1,829 — $3,048

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 11271

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →
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