11786 SW 242 TER, Homestead, FL 33032

11786 SW 242 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2018 with 3,296 square feet of living space on a 6,420 square foot lot. The property is currently owned by JOSEPH PEREA CARMEN PEREA ANDINO, 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 2018-05-09 for $401,000, when LENNAR HOMES LLC sold to JOSEPH PEREA. The property sold for $9,899,000 less than the prior sale of $10,300,000 on 2017-03-02. The 2025 assessed value is $408,478 with a market value of $566,108.

This breaks down to $171,285 for the land and $394,823 for the building. The assessed value increased 3% from $396,966 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 $350,629 recorded against this property.

11786 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 102% of the most recent sale price. Based on the most recent sale, this property traded at $122 per square foot — a key metric for comparing value across Homestead's real estate market..