11507 SW 242 ST, Homestead, FL 33032

Parcel: 3060190160150 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$383,853

Property Details

Beds
4
Baths
2.5
Living Sqft
2,599
Year Built
2017
Lot Sqft
6,251
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$1,203,200
2008-01-01
2
$347,200-71%
2017-08-29
LENNAR HOMES LLC VICTOR FIGUEROA RODRIGUEZ
3
$370,000+7%
2020-06-11
VICTOR FIGUEROA RODRIGUEZCESAR M VELEZ

Tax Assessment History

$383,853
Assessed (2025)
$554,297
Market Value
$333,131
Taxable Value
$6,782
Annual Tax
2024
$373,035
$558,422
2025
$383,853
$554,297
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $383,853 $554,297 $333,131 $6,782
2024 $373,035 $558,422 $323,035 $6,577

About 11507 SW 242 ST, Homestead, FL 33032

11507 SW 242 ST, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2017 with 2,599 square feet of living space on a 6,251 square foot lot. The property is currently owned by CESAR M VELEZ YOLIMA ARCE, 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 2020-06-11 for $370,000, when VICTOR FIGUEROA RODRIGUEZ sold to CESAR M VELEZ. The property has appreciated $22,800 (7%) since the prior sale of $347,200 on 2017-08-29. There are 3 recorded sales for this property.

The 2025 assessed value is $383,853 with a market value of $554,297. This breaks down to $168,765 for the land and $385,532 for the building. The assessed value increased 3% from $373,035 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 $158,101 recorded against this property. 11507 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 2008 to 2020, 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 $142 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

CESAR M VELEZ YOLIMA ARCE
11507 SW 242 ST, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,703 — $4,638
Flood $400 — $800
Property/Wind $2,303 — $3,838

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 11507

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

Mortgages

ACTIVE
$165,000
~$158,101 bal.
UNITED WHOLESALE MORTGAGE LLC · 2022-10-27
1 satisfied mortgage
SATISFIED 2022-07-01
$165,000
UNITED WHOLESALE MORTGAGE
Est. Total Balance $158,101
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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