24963 SW 118 PL, Homestead, FL 33032

Parcel: 3069250161930 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$226,540

Property Details

Beds
4
Baths
2.5
Living Sqft
2,280
Year Built
2014
Lot Sqft
5,195
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$4,895,000
2013-03-05
HPT HOLDINGS LLCD R HORTON INC
2
$295,000-94%
2014-02-11
D R HORTON INCPAULA NELSON SHOKAR

Tax Assessment History

$226,540
Assessed (2025)
$463,405
Market Value
$175,818
Taxable Value
$3,580
Annual Tax
2024
$220,156
$464,250
2025
$226,540
$463,405
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $226,540 $463,405 $175,818 $3,580
2024 $220,156 $464,250 $170,156 $3,464

About 24963 SW 118 PL, Homestead, FL 33032

24963 SW 118 PL, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2014 with 2,280 square feet of living space on a 5,195 square foot lot. The property is currently owned by PAULA NELSON SHOKAR KALVINDER SHOKAR, 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 2014-02-11 for $295,000, when D R HORTON INC sold to PAULA NELSON SHOKAR. The property sold for $4,600,000 less than the prior sale of $4,895,000 on 2013-03-05. The 2025 assessed value is $226,540 with a market value of $463,405.

This breaks down to $158,022 for the land and $305,383 for the building. The assessed value increased 3% from $220,156 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 $286,989 recorded against this property.

24963 SW 118 PL, 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 2013 to 2014, with 2 recorded transactions in the public record.

The current assessed value represents 77% of the most recent sale price. Based on the most recent sale, this property traded at $129 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2024033081 electrical F

Current Owner

PAULA NELSON SHOKAR KALVINDER SHOKAR
24963 SW 118 PL, MIAMI, FL, 33032
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 24963

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →

Mortgages

ACTIVE
$300,162
~$286,989 bal.
RIVER CITY MORTGAGE LLC · 2022-07-26
Est. Total Balance $286,989
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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