11770 SW 242 TER, Homestead, FL 33032

11770 SW 242 TER, Homestead, FL 33032 is a 5-bedroom, 3.5-bathroom residential - single family : cluster home built in 2018 with 3,199 square feet of living space on a 5,000 square foot lot. The property is currently owned by IDS GROUP LLC, 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 2018-08-22 for $405,300, when LENNAR HOMES LLC sold to IDS GROUP LLC. The property sold for $9,894,700 less than the prior sale of $10,300,000 on 2017-03-02. The 2025 assessed value is $492,620 with a market value of $502,198.

This breaks down to $150,000 for the land and $352,198 for the building. The assessed value increased 10% from $447,837 in 2024. 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 $348,942 recorded against this property. 11770 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 2017 to 2018, with 2 recorded transactions in the public record. The current assessed value represents 122% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $127 per square foot — a key metric for comparing value across Homestead's real estate market..