11827 SW 242 TER, Homestead, FL 33032

11827 SW 242 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2018 with 2,777 square feet of living space on a 5,200 square foot lot. The property is currently owned by MARVIN ESPINOZA LUCELIS CHAVEZ, 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 2021-10-21 for $460,000, when DARLYN ANDRADE ROMERO sold to MARVIN ESPINOZA. The property has appreciated $105,000 (30%) since the prior sale of $355,000 on 2019-04-15. There are 3 recorded sales for this property.

The 2025 assessed value is $447,401 with a market value of $523,571. This breaks down to $153,000 for the land and $370,571 for the building. The assessed value increased 3% from $434,793 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 $435,631 recorded against this property. 11827 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 sourced from miami_dade County public records.

The complete ownership history of this property spans from 2018 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $166 per square foot — a key metric for comparing value across Homestead's real estate market..