11871 SW 242 TER, Homestead, FL 33032

Parcel: 3069240080580 · Residential - Single Family · 1 Unit · Zoning: 0102

Assessed Value (2025)
$465,876

Property Details

Beds
4
Baths
2.5
Living Sqft
2,205
Year Built
2022
Lot Sqft
5,505
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2022-09-29
AG ESSENTIAL HOUSING MS 4LENNAR HOMES LLC
2
$562,900
2022-11-05
LENNAR HOMES LLCFRED HALL GILMOUR III
3
$599,900+7%
2024-08-02
FRED HALL GILMOUR IIIBAVER TAS
4
$599,900
2024-08-13

Tax Assessment History

$465,876
Assessed (2025)
$465,876
Market Value
$405,154
Taxable Value
$8,249
Annual Tax
2024
$469,003
2025
$465,876
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $465,876 $465,876 $405,154 $8,249
2024 $469,003 $469,003 $419,003 $8,531

About 11871 SW 242 TER, Homestead, FL 33032

11871 SW 242 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2022 with 2,205 square feet of living space on a 5,505 square foot lot. The property is currently owned by BAVER TAS IREM TAS, 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 2024-08-13 for $599,900. There are 4 recorded sales for this property. The 2025 assessed value is $465,876 with a market value of $465,876.

This breaks down to $157,575 for the land and $308,301 for the building. The assessed value decreased 1% from $469,003 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 $596,977 recorded against this property.

11871 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 2024, with 4 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. 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

BAVER TAS IREM TAS
11871 SW 242 TER, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,195 — $5,458
Flood $400 — $800
Property/Wind $2,795 — $4,658

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 11871

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$608,574
~$596,977 bal.
AMERICAN PACIFIC MORTGAGE CORP · 2024-08-13
1 satisfied mortgage
SATISFIED 2022-11-15
$450,312
LENNAR MORTGAGE LLC
Est. Total Balance $596,977
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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