11948 SW 247 TER, Homestead, FL 33032

Parcel: 3069240072770 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$299,933

Property Details

Beds
3
Baths
2.5
Living Sqft
1,827
Year Built
2023
Lot Sqft
1,943
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$2,937,300
2023-06-07
AG ESSENTIAL HOUSING MULTILENNAR HOMES LLC
2
$497,000-83%
2023-06-29
LENNAR HOMES LLCADRIANA ARAUJO
3
$497,000
2023-07-07

Tax Assessment History

$299,933
Assessed (2025)
$369,000
Market Value
$249,211
Taxable Value
$5,074
Annual Tax
2024
$397,000
2025
$299,933
$369,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $299,933 $369,000 $249,211 $5,074
2024 $397,000 $397,000 $397,000 $8,083

About 11948 SW 247 TER, Homestead, FL 33032

11948 SW 247 TER, Homestead, FL 33032 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2023 with 1,827 square feet of living space on a 1,943 square foot lot. The property is currently owned by ADRIANA ARAUJO, 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 2023-07-07 for $497,000. There are 3 recorded sales for this property. The 2025 assessed value is $299,933 with a market value of $369,000.

The assessed value decreased 24% from $397,000 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 $463,008 recorded against this property. 11948 SW 247 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 2023 to 2023, with 3 recorded transactions in the public record. The current assessed value represents 60% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $272 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

ADRIANA ARAUJO
11948 SW 247 TER, MIAMI, FL, 33032
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,199 — $3,800
Flood $400 — $800
Property/Wind $1,799 — $3,000

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 11948

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
7
View full risk analysis →

Mortgages

ACTIVE
$478,179
~$463,008 bal.
LENNAR MORTGAGE LLC · 2023-07-07
Est. Total Balance $463,008
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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