11963 SW 241 TER, Homestead, FL 33032

Parcel: 3069240080930 · Residential - Single Family · 1 Unit · Zoning: 0102

Assessed Value (2025)
$403,009

Property Details

Beds
5
Baths
3
Living Sqft
2,640
Year Built
2022
Lot Sqft
6,241
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,109,900
2022-09-16
AG ESSENTIAL HOUSING MULTILENNAR HOMES LLC
2
$588,900-47%
2022-11-10
LENNAR HOMES LLCLUIS ANTONIO HERNANDEZ
3
$588,900
2022-12-01

Tax Assessment History

$403,009
Assessed (2025)
$571,013
Market Value
$0
Taxable Value
2024
$391,652
$575,083
2025
$403,009
$571,013
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $403,009 $571,013 $0
2024 $391,652 $575,083 $0

About 11963 SW 241 TER, Homestead, FL 33032

11963 SW 241 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 6,241 square foot lot. The property is currently owned by LUIS ANTONIO HERNANDEZ OLGA VANESSA HERNANDEZ, 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 2022-12-01 for $588,900. There are 3 recorded sales for this property. The 2025 assessed value is $403,009 with a market value of $571,013.

This breaks down to $168,615 for the land and $402,398 for the building. The assessed value increased 3% from $391,652 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 $529,310 recorded against this property.

11963 SW 241 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 3 recorded transactions in the public record.

The current assessed value represents 68% 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 $223 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2023133229 building F $6,600
C2023096406 building F $4,100

Current Owner

LUIS ANTONIO HERNANDEZ OLGA VANESSA HERNANDEZ
11963 SW 241 TER, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,818 — $4,830
Flood $400 — $800
Property/Wind $2,418 — $4,030

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 11963

100%
Owner-Occ
0%
Investor
6
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
27
View full risk analysis →

Mortgages

ACTIVE
$550,724
~$529,310 bal.
LENNAR MORTGAGE LLC · 2022-12-01
Est. Total Balance $529,310
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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