11842 SW 240 TER, Homestead, FL 33032

11842 SW 240 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2018 with 3,268 square feet of living space on a 7,898 square foot lot. The property is currently owned by RONALD NARANJO ANAELY NARANJO, 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 2018-01-31 for $404,700, when LENNAR HOMES LLC sold to RONALD NARANJO. The property sold for $9,895,300 less than the prior sale of $10,300,000 on 2017-03-02. The 2025 assessed value is $418,033 with a market value of $584,826.

This breaks down to $193,455 for the land and $391,371 for the building. The assessed value increased 3% from $406,252 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 $116,748 recorded against this property.

11842 SW 240 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 2017 to 2018, with 2 recorded transactions in the public record.

The current assessed value represents 103% of the most recent sale price. 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..