11486 SW 237 TER, Homestead, FL 33032

Parcel: 3060190131950 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$100,125

Property Details

Beds
3
Baths
2.5
Living Sqft
1,656
Year Built
2006
Lot Sqft
1,921
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$5,476,000
2006-09-01
2
$242,690-96%
2006-11-01

Tax Assessment History

$100,125
Assessed (2025)
$338,000
Market Value
$49,403
Taxable Value
$1,006
Annual Tax
2024
$97,304
$348,000
2025
$100,125
$338,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $100,125 $338,000 $49,403 $1,006
2024 $97,304 $348,000 $47,304 $963

About 11486 SW 237 TER, Homestead, FL 33032

11486 SW 237 TER, Homestead, FL 33032 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2006 with 1,656 square feet of living space on a 1,921 square foot lot. The property is currently owned by JOSE A ALVAREZ, 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 2006-11-01 for $242,690. The property sold for $5,233,310 less than the prior sale of $5,476,000 on 2006-09-01. The 2025 assessed value is $100,125 with a market value of $338,000.

The assessed value increased 3% from $97,304 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 $334,051 recorded against this property. 11486 SW 237 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 41% 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 $147 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

JOSE A ALVAREZ
11486 SW 237 TER, HOMESTEAD, 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 11486

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
View full risk analysis →

Mortgages

ACTIVE
$340,862
~$334,051 bal.
ROCKET MORTGAGE LLC · 2024-07-25
1 satisfied mortgage
SATISFIED 2022-07-08
$280,000
ROCKET MORTGAGE LLC
Est. Total Balance $334,051
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales