11315 SW 232 TER, Homestead, FL 33032

11315 SW 232 TER, Homestead, FL 33032 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2013 with 1,535 square feet of living space on a 1,922 square foot lot. The property is currently owned by FERMAIN RIOS NANCY S RIOS, 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 2013-11-25 for $198,000, when LENNAR HOMES LLC sold to FERMAIN RIOS. The property sold for $1,300,000 less than the prior sale of $1,498,000 on 2012-03-30. The 2025 assessed value is $330,891 with a market value of $335,200.

The assessed value increased 3% from $321,566 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 $304,560 recorded against this property. 11315 SW 232 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 2012 to 2013, with 2 recorded transactions in the public record. The current assessed value represents 167% 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 $129 per square foot — a key metric for comparing value across Homestead's real estate market..