11902 SW 242 TER, Homestead, FL 33032

Parcel: 3069240080430 · Residential - Single Family · 1 Unit · Zoning: 0102

Assessed Value (2025)
$508,863

Property Details

Beds
5
Baths
3
Living Sqft
2,640
Year Built
2022
Lot Sqft
5,017
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$8,449,600
2022-04-18
AG ESSENTIAL HOUSING MULTILENNAR HOMES LLC
2
$599,500-93%
2022-08-31
LENNAR HOMES LLCPENINSULA 8 CHAVES RAMIREZ LLC
3
$100non-market transfer
2022-09-29
AG ESSENTIAL HOUSING MS 4LENNAR HOMES LLC
4
$599,500
2022-10-06

Tax Assessment History

$508,863
Assessed (2025)
$508,863
Market Value
$508,863
Taxable Value
$10,360
Annual Tax
2024
$512,523
2025
$508,863
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $508,863 $508,863 $508,863 $10,360
2024 $512,523 $512,523 $512,523 $10,435

About 11902 SW 242 TER, Homestead, FL 33032

11902 SW 242 TER, Homestead, FL 33032 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2022 with 2,640 square feet of living space on a 5,017 square foot lot. The property is currently owned by PENINSULA 8 CHAVES RAMIREZ LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-10-06 for $599,500. The property has appreciated $599,400 (599400%) since the prior sale of $100 on 2022-09-29. There are 4 recorded sales for this property.

The 2025 assessed value is $508,863 with a market value of $508,863. This breaks down to $150,255 for the land and $358,608 for the building. The assessed value decreased 1% from $512,523 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. 11902 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 2022 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.

Based on the most recent sale, this property traded at $227 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2023084047 building F $9,000

Current Owner

PENINSULA 8 CHAVES RAMIREZ LLC
2674 N FEDERAL HWY TH 8, BOYNTON BEACH, FL, 33435
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$3,453 — $5,888
Flood $400 — $800
Property/Wind $3,053 — $5,088

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 11902

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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