11221 SW 240 LN, Homestead, FL 33032

11221 SW 240 LN, Homestead, FL 33032 is a 5-bedroom, 3-bathroom residential - single family : cluster home built in 2007 with 3,399 square feet of living space on a 8,915 square foot lot. The property is currently owned by PETRONIO A LUPINO ALEXANDRA PALACIOS, 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 2021-02-16 for $445,000, when JOEL E MORENO sold to PETRONIO A LUPINO. The property has appreciated $130,000 (41%) since the prior sale of $315,000 on 2015-09-15. There are 3 recorded sales for this property.

The 2025 assessed value is $369,599 with a market value of $517,982. This breaks down to $208,725 for the land and $309,257 for the building. The assessed value increased 3% from $359,183 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.

11221 SW 240 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 2015 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $131 per square foot — a key metric for comparing value across Homestead's real estate market..