11876 SW 245 TER, Homestead, FL 33032

Parcel: 3069240071860 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$387,000

Property Details

Beds
3
Baths
2.5
Living Sqft
1,545
Year Built
2022
Lot Sqft
1,796
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$15,063,500
2021-12-22
AG ESSENTIAL HOUSING MULTI LENNAR HOMES LLC
2
$326,300-98%
2022-03-15
LENNAR HOMES LLCTHE RIDGES HOLDING LLC

Tax Assessment History

$387,000
Assessed (2025)
$387,000
Market Value
$387,000
Taxable Value
$7,879
Annual Tax
2024
$369,000
2025
$387,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $387,000 $387,000 $387,000 $7,879
2024 $369,000 $369,000 $369,000 $7,513

About 11876 SW 245 TER, Homestead, FL 33032

11876 SW 245 TER, Homestead, FL 33032 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2022 with 1,545 square feet of living space on a 1,796 square foot lot. The property is currently owned by THE RIDGES HOLDING 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 2022-03-15 for $326,300, when LENNAR HOMES LLC sold to THE RIDGES HOLDING LLC. The property sold for $14,737,200 less than the prior sale of $15,063,500 on 2021-12-22. The 2025 assessed value is $387,000 with a market value of $387,000.

The assessed value increased 5% from $369,000 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 $186,460 recorded against this property. 11876 SW 245 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 2021 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $211 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

THE RIDGES HOLDING LLC
11876 SW 245 TER, MIAMI, FL, 33032
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,722 — $4,670
Flood $400 — $800
Property/Wind $2,322 — $3,870

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 11876

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$195,744
~$186,460 bal.
A&D MORTGAGE LLC · 2022-04-11
Est. Total Balance $186,460
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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