11908 SW 242 TER, Homestead, FL 33032
Parcel: 3069240080440 · Residential - Single Family · 1 Unit · Zoning: 0102
Assessed Value (2025)
$469,314
Property Details
Beds
4
Baths
3
Living Sqft
2,418
Year Built
2022
Lot Sqft
5,003
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$8,449,600
2022-04-18
AG ESSENTIAL HOUSING MULTI → LENNAR HOMES LLC
2
$527,800-94%
2022-08-31
LENNAR HOMES LLC → JOSE SANTOS MARTINEZ
3
$527,800
2022-09-09
4
$100non-market transfer
2022-09-29
AG ESSENTIAL HOUSING MS 4 → LENNAR HOMES LLC
Tax Assessment History
$469,314
Assessed (2025)
$485,964
Market Value
$418,592
Taxable Value
$8,522
Annual Tax
2024
$456,088
$489,391
2025
$469,314
$485,964
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $469,314 | $485,964 | $418,592 | $8,522 | $150,045 | $335,919 |
| 2024 | $456,088 | $489,391 | $406,088 | $8,268 | $150,045 | $339,346 |
About 11908 SW 242 TER, Homestead, FL 33032
11908 SW 242 TER, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2022 with 2,418 square feet of living space on a 5,003 square foot lot. The property is currently owned by JOSE SANTOS MARTINEZ INGRID VANESSA MARTINEZ, 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 2022-09-29 for $100, when AG ESSENTIAL HOUSING MS 4 sold to LENNAR HOMES LLC. The property sold for $527,700 less than the prior sale of $527,800 on 2022-09-09. There are 4 recorded sales for this property.
The 2025 assessed value is $469,314 with a market value of $485,964. This breaks down to $150,045 for the land and $335,919 for the building. The assessed value increased 3% from $456,088 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 $480,321 recorded against this property. 11908 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..
Current Owner
JOSE SANTOS MARTINEZ INGRID VANESSA MARTINEZ
11908 SW 242 TERR, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$3,215 — $5,493
Flood $400 — $800
Property/Wind $2,815 — $4,693
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 11908
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
16
Mortgages
ACTIVE
$501,401
COLUMBUS CAPITAL LENDING LLC · 2022-09-09
Est. Total Balance $480,321
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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