11821 SW 242 TER, Homestead, FL 33032

Parcel: 3069240030290 · RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME · Zoning: 0102

Assessed Value (2025)
$371,834

Property Details

Beds
4
Baths
2.5
Living Sqft
2,599
Year Built
2018
Lot Sqft
5,293
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$10,300,000
2017-03-02
MADEIRA INVESTORS LLC LENNAR HOMES LLC
2
$358,200-97%
2018-03-22
LENNAR HOMES LLCEDGAR FERNANDO OLIVA

Tax Assessment History

$371,834
Assessed (2025)
$531,007
Market Value
$321,112
Taxable Value
$6,538
Annual Tax
2024
$361,355
$534,998
2025
$371,834
$531,007
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $371,834 $531,007 $321,112 $6,538
2024 $361,355 $534,998 $311,355 $6,339

About 11821 SW 242 TER, Homestead, FL 33032

11821 SW 242 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2018 with 2,599 square feet of living space on a 5,293 square foot lot. The property is currently owned by EDGAR FERNANDO 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 2018-03-22 for $358,200, when LENNAR HOMES LLC sold to EDGAR FERNANDO OLIVA . The property sold for $9,941,800 less than the prior sale of $10,300,000 on 2017-03-02. The 2025 assessed value is $371,834 with a market value of $531,007.

This breaks down to $154,395 for the land and $376,612 for the building. The assessed value increased 3% from $361,355 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. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 11821 SW 242 TER, Homestead, FL 33032 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 2017 to 2018, with 2 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 $138 per square foot — a key metric for comparing value across Homestead's real estate market..

Code Violations 1 open

A2023004466 open

Distress Signals

  • 1 open code violation

Current Owner

EDGAR FERNANDO OLIVA
11821 SW 242 TER, MIAMI, FL, 33032
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,631 — $4,518
Flood $400 — $800
Property/Wind $2,231 — $3,718

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 11821

0%
Corp-Owned
0%
Investor
7
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
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