13242 SW 275 TER, Homestead, FL 33032

13242 SW 275 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2003 with 1,157 square feet of living space on a 6,838 square foot lot. The property is currently owned by ALFONSO VEGA BENITA D VEGA, 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 2003-08-01 for $131,900. The property sold for $465,100 less than the prior sale of $597,000 on 2002-05-01. The 2025 assessed value is $67,203 with a market value of $355,764.

This breaks down to $207,585 for the land and $148,179 for the building. The assessed value increased 3% from $65,310 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $61,270, and the median home value is $396,800.

The population density is 4,815 people per square mile. 13242 SW 275 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 2002 to 2003, with 2 recorded transactions in the public record. The current assessed value represents 51% 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 $114 per square foot — a key metric for comparing value across Homestead's real estate market..