11981 SW 271 TER, Homestead, FL 33032

Parcel: 3069360031550 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$274,679

Property Details

Beds
3
Baths
2
Living Sqft
2,040
Year Built
1987
Lot Sqft
5,100
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$100non-market transfer
2012-12-17
AURORA LOAN SERVICES LLCNATIONSTAR MORTGAGE LLC
2
$75,000
2012-12-18
NATIONSTAR MORTGAGE LLCCORE INTERNATIONAL REALTY INC
3
$125,000+67%
2013-06-03
CORE INTERNATIONAL REALTY INCLOS CASAS LLC

Tax Assessment History

$274,679
Assessed (2025)
$348,941
Market Value
$274,679
Taxable Value
$5,592
Annual Tax
2024
$249,709
$350,518
2025
$274,679
$348,941
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $274,679 $348,941 $274,679 $5,592
2024 $249,709 $350,518 $249,709 $5,084

About 11981 SW 271 TER, Homestead, FL 33032

11981 SW 271 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1987 with 2,040 square feet of living space on a 5,100 square foot lot. The property is currently owned by LOS CASAS LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-06-03 for $125,000, when CORE INTERNATIONAL REALTY INC sold to LOS CASAS LLC. The property has appreciated $50,000 (67%) since the prior sale of $75,000 on 2012-12-18. There are 3 recorded sales for this property.

The 2025 assessed value is $274,679 with a market value of $348,941. This breaks down to $141,400 for the land and $207,541 for the building. The assessed value increased 10% from $249,709 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $90,087, and the median home value is $362,100.

The population density is 239 people per square mile. 11981 SW 271 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 2012 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 220% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $61 per square foot — a key metric for comparing value across Homestead's real estate market..

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,146 — $5,744
Flood $400 — $800
Property/Wind $2,746 — $4,944

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$90,087
Median Home Value$362,100
Pop. Density239/sq mi

Neighborhood 11981

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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