24942 SW 118 CT, Homestead, FL 33032

Parcel: 3069250161850 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$325,774

Property Details

Beds
4
Baths
3.5
Living Sqft
2,534
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%
2015-08-14
D R HORTON INCJULIET SAVITA BALRAM

Tax Assessment History

$325,774
Assessed (2025)
$495,389
Market Value
$275,052
Taxable Value
$5,600
Annual Tax
2024
$316,593
$496,629
2025
$325,774
$495,389
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $325,774 $495,389 $275,052 $5,600
2024 $316,593 $496,629 $266,593 $5,428

About 24942 SW 118 CT, Homestead, FL 33032

24942 SW 118 CT, Homestead, FL 33032 is a 4-bedroom, 3.5-bathroom residential - single family : cluster home built in 2015 with 2,534 square feet of living space on a 5,000 square foot lot. The property is currently owned by JULIET SAVITA BALRAM, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2015-08-14 for $330,000, when D R HORTON INC sold to JULIET SAVITA BALRAM. The property sold for $3,960,000 less than the prior sale of $4,290,000 on 2014-09-09. The 2025 assessed value is $325,774 with a market value of $495,389.

This breaks down to $155,000 for the land and $340,389 for the building. The assessed value increased 3% from $316,593 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. 24942 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 2015, with 2 recorded transactions in the public record. The current assessed value represents 99% of the most recent sale price.

Based on the most recent sale, this property traded at $130 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

JULIET SAVITA BALRAM
11311 SW 164TH TER, MIAMI, FL, 33157-2731
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,354 — $4,057
Flood $400 — $800
Property/Wind $1,954 — $3,257

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 24942

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
23
View full risk analysis →
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