11868 SW 240 ST, Homestead, FL 33032
Parcel: 3069240081100 · Residential - Single Family · 1 Unit · Zoning: 0102
Assessed Value (2025)
$510,063
Property Details
Beds
5
Baths
3
Living Sqft
2,640
Year Built
2023
Lot Sqft
6,351
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,182,100
2023-02-16
AG ESSENTIAL HOUSING MULTI → LENNAR HOMES LLC
2
$591,500-50%
2023-03-10
LENNAR HOMES LLC → MAX IGNACIO SALVADOR
3
$591,500
2023-03-15
Tax Assessment History
$510,063
Assessed (2025)
$538,406
Market Value
$459,341
Taxable Value
$9,352
Annual Tax
2024
$542,092
2025
$510,063
$538,406
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $510,063 | $538,406 | $459,341 | $9,352 | $170,265 | $368,141 |
| 2024 | $542,092 | $542,092 | $542,092 | $11,037 | $170,265 | $371,827 |
About 11868 SW 240 ST, Homestead, FL 33032
11868 SW 240 ST, Homestead, FL 33032 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2023 with 2,640 square feet of living space on a 6,351 square foot lot. The property is currently owned by MAX IGNACIO SALVADOR, 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 2023-03-15 for $591,500. There are 3 recorded sales for this property. The 2025 assessed value is $510,063 with a market value of $538,406.
This breaks down to $170,265 for the land and $368,141 for the building. The assessed value decreased 6% from $542,092 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 $203,924 recorded against this property.
11868 SW 240 ST, 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 86% of the most recent sale price. Based on the most recent sale, this property traded at $224 per square foot — a key metric for comparing value across Homestead's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024152513 | building | F | $3,886 |
Current Owner
MAX IGNACIO SALVADOR
11868 SW 240 ST, MIAMI, FL, 33032
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$3,460 — $5,900
Flood $400 — $800
Property/Wind $3,060 — $5,100
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 11868
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
Mortgages
ACTIVE
$211,440
LENNAR MORTGAGE LLC · 2023-03-15
Est. Total Balance $203,924
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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