24881 SW 118 CT, Homestead, FL 33032

Parcel: 3069250161010 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$495,473

Property Details

Beds
4
Baths
3.5
Living Sqft
2,558
Year Built
2015
Lot Sqft
5,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$4,290,000
2014-09-09
HPT HOLDINGS LLCD R HORTON INC
2
$330,000-92%
2015-12-31
D R HORTON INCEPHRAIM CESTERO
3
$475,000+44%
2021-12-08
EPHRAIM CESTERO CARLOS ALBERTO MEDINA

Tax Assessment History

$495,473
Assessed (2025)
$498,553
Market Value
$444,751
Taxable Value
$9,055
Annual Tax
2024
$481,510
$499,828
2025
$495,473
$498,553
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $495,473 $498,553 $444,751 $9,055
2024 $481,510 $499,828 $431,510 $8,785

About 24881 SW 118 CT, Homestead, FL 33032

24881 SW 118 CT, Homestead, FL 33032 is a 4-bedroom, 3.5-bathroom residential - single family : cluster home built in 2015 with 2,558 square feet of living space on a 5,000 square foot lot. The property is currently owned by CARLOS ALBERTO MEDINA LILLIAN TERESA SOSA, 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 2021-12-08 for $475,000, when EPHRAIM CESTERO sold to CARLOS ALBERTO MEDINA. The property has appreciated $145,000 (44%) since the prior sale of $330,000 on 2015-12-31. There are 3 recorded sales for this property.

The 2025 assessed value is $495,473 with a market value of $498,553. This breaks down to $155,000 for the land and $343,553 for the building. The assessed value increased 3% from $481,510 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $84,352, and the median home value is $415,800. The population density is 11,082 people per square mile.

There are active mortgage liens totaling $423,846 recorded against this property. 24881 SW 118 CT, 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 2014 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $186 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

CARLOS ALBERTO MEDINA LILLIAN TERESA SOSA
24881 SW 118 CT, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,372 — $5,754
Flood $400 — $800
Property/Wind $2,972 — $4,954

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$84,352
Median Home Value$415,800
Pop. Density11,082/sq mi

Neighborhood 24881

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
11
View full risk analysis →

Mortgages

ACTIVE
$446,500
~$423,846 bal.
UNITED WHOLESALE MORTGAGE LLC · 2022-01-06
Est. Total Balance $423,846
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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