11488 SW 242 ST, Homestead, FL 33032

Parcel: 3060190150070 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$317,515

Property Details

Beds
4
Baths
3
Living Sqft
2,477
Year Built
2012
Lot Sqft
5,876
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$258,000
2012-02-29
LENNAR HOMES LLCFREDDY ROMERO
2
$295,000+14%
2014-09-30
FREDDY ROMEROJONATHAN D TAMASI JTRS
3
$305,000+3%
2016-07-23
JONATHAN D TAMASI JTRSMARCOS RAFAEL OLIVA

Tax Assessment History

$317,515
Assessed (2025)
$473,888
Market Value
$261,793
Taxable Value
$5,330
Annual Tax
2024
$308,567
$477,419
2025
$317,515
$473,888
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $317,515 $473,888 $261,793 $5,330
2024 $308,567 $477,419 $253,567 $5,162

About 11488 SW 242 ST, Homestead, FL 33032

11488 SW 242 ST, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2012 with 2,477 square feet of living space on a 5,876 square foot lot. The property is currently owned by MARCOS RAFAEL OLIVA, 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 2016-07-23 for $305,000, when JONATHAN D TAMASI JTRS sold to MARCOS RAFAEL OLIVA. The property has appreciated $10,000 (3%) since the prior sale of $295,000 on 2014-09-30. There are 3 recorded sales for this property.

The 2025 assessed value is $317,515 with a market value of $473,888. This breaks down to $163,125 for the land and $310,763 for the building. The assessed value increased 3% from $308,567 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.

11488 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 2012 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $123 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

MARCOS RAFAEL OLIVA
11488 SW 242 ST, HOMESTEAD, FL, 33032
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,305 — $3,975
Flood $400 — $800
Property/Wind $1,905 — $3,175

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 11488

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →
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