11261 SW 240 LN, Homestead, FL 33032

Parcel: 3060190150630 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$169,579

Property Details

Beds
4
Baths
2
Living Sqft
2,537
Year Built
2008
Lot Sqft
5,003
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$313,543
2008-02-01
2
$74,000-76%
2008-02-01

Tax Assessment History

$169,579
Assessed (2025)
$452,018
Market Value
$118,857
Taxable Value
$2,420
Annual Tax
2024
$164,800
$455,613
2025
$169,579
$452,018
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $169,579 $452,018 $118,857 $2,420
2024 $164,800 $455,613 $114,800 $2,337

About 11261 SW 240 LN, Homestead, FL 33032

11261 SW 240 LN, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 2008 with 2,537 square feet of living space on a 5,003 square foot lot. The property is currently owned by SHIREEN MALIK, 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 2008-02-01 for $313,543. The property has appreciated $239,543 (324%) since the prior sale of $74,000 on 2008-02-01. The 2025 assessed value is $169,579 with a market value of $452,018.

This breaks down to $150,045 for the land and $301,973 for the building. The assessed value increased 3% from $164,800 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. 11261 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 2008 to 2008, with 2 recorded transactions in the public record. The current assessed value represents 54% 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 $124 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2023101754 building F $8,370

Current Owner

SHIREEN MALIK
11261 SW 240 LN, MIAMI, FL, 33032-3108
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 11261

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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