12880 SW 242 ST, Homestead, FL 33032
Parcel: 3069230220560 · Residential · Townhouse · Zoning: 3150
Assessed Value (2025)
$397,000
Property Details
Beds
4
Baths
3
Living Sqft
1,892
Year Built
2024
Lot Sqft
2,360
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE
Sales History
1
$500,000
2024-03-22
LENNAR HOMES LLC → MICHAEL ALAN LARNER
Tax Assessment History
$397,000
Assessed (2025)
$397,000
Market Value
$346,278
Taxable Value
$7,050
Annual Tax
2024
$29,918
2025
$397,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $397,000 | $397,000 | $346,278 | $7,050 | $0 | $0 |
| 2024 | $29,918 | $29,918 | $29,918 | $609 | $0 | $0 |
About 12880 SW 242 ST, Homestead, FL 33032
12880 SW 242 ST, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - total value : townhouse built in 2024 with 1,892 square feet of living space on a 2,360 square foot lot. The property is currently owned by MICHAEL ALAN LARNER CAMMECIA ALECIAN LARNER, 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 2024-03-22 for $500,000, when LENNAR HOMES LLC sold to MICHAEL ALAN LARNER . The 2025 assessed value is $397,000 with a market value of $397,000. The assessed value increased 1227% from $29,918 in 2024.
The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.
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 $488,131 recorded against this property.
12880 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 current assessed value represents 79% of the most recent sale price.
Based on the most recent sale, this property traded at $264 per square foot — a key metric for comparing value across Homestead's real estate market..
Building Permits (8)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026010929 | building | F | — | ||
| C2024044915 | electrical | F | — | ||
| W2024026437 | building | F | — | ||
| W2024012506 | mechanical | F | — | ||
| C2024008216 | building | F | — | ||
| W2023159448 | electrical | F | — | ||
| W2023159326 | plumbing | F | — | ||
| C2023139619 | building | F | $3,641,724 |
Current Owner
MICHAEL ALAN LARNER CAMMECIA ALECIAN LARNER
12880 SW 242 ST, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,782 — $4,770
Flood $400 — $800
Property/Wind $2,382 — $3,970
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 12880
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
Mortgages
ACTIVE
$500,000
FIRST FINANCIAL INC · 2024-03-25
Est. Total Balance $488,131
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales