Miami-Dade County  »  11871 SW 242nd Ter

11871 Southwest 242nd Terrace, Homestead, FL 33032 Property Information

11871 Southwest 242nd Terrace, Homestead, FL 33032 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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11871 Southwest 242nd Terrace, Homestead, FL 33032
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Address

Primary address 11871 Southwest 242nd Terrace, Homestead
Zip code 33032
County Miami-Dade
Municipality
Neighborhood Silver Palm East
Parcel ID 3069240080580

Sales & Tax Overview for 11871 Southwest 242nd Terrace, Homestead

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Sale date 08/08/2024
Sale price $599,900
Arm's length
Current property tax $6,257

Lot & Building Information for 11871 Southwest 242nd Terrace, Homestead

Building sqft 2,688
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.126
Year built 2022
Stories 2
Units 1
Bedrooms 4
Bathrooms 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 11871 Southwest 242nd Terrace, Homestead

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  • • Improvements for 11871 Southwest 242nd Terrace, Homestead , including their type, square footage, grade and when they were built.
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About 11871 Southwest 242nd Terrace, Homestead

What is the year built & the total sq. ft. for 11871 Southwest 242nd Terrace, Homestead, FL 33032?

11871 Southwest 242nd Terrace, Homestead, FL 33032 was built in 2022 and has a total of 2,688 square feet.

What is the assessed value of 11871 Southwest 242nd Terrace, Homestead, FL 33032 and the property tax paid?

Assessed at $465,876, the tax amount paid for 11871 Southwest 242nd Terrace, Homestead, FL 33032 is $7,888.

When was 11871 Southwest 242nd Terrace, Homestead, FL 33032 last sold and what was the last sale price?

11871 Southwest 242nd Terrace, Homestead, FL 33032 was last sold in 08/08/2024 for $599,900.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 11871 Southwest 242nd Terrace, Homestead

Create a free account to view the complete sales history for 11871 Southwest 242nd Terrace, Homestead, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
08/08/2024 $599,900

Title Documents for 11871 Southwest 242nd Terrace, Homestead

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
08/08/2024 - D
08/13/2024 - R
Mortgage 09/01/2054
08/08/2024 - D
08/13/2024 - R
Deed
11/14/2022 - D
11/15/2022 - R
Mortgage 12/01/2052
                 
                 
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R: Recorded date
D: Document date

Property Taxes for 11871 Southwest 242nd Terrace, Homestead

Access detailed property tax data for 11871 Southwest 242nd Terrace, Homestead, FL 33032. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $7,888
Current property tax $6,257
Market value $465,876
Assessed value $465,876

Assessment History for 11871 Southwest 242nd Terrace, Homestead

Here's the assessment & property tax history for 11871 Southwest 242nd Terrace, Homestead, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2024 $469,003 $469,003 16.9487 $7,949 +11.08%
2023 $419,604 $419,604 17.0541 $7,156 +299.69%
2022 $105,050 $105,050 17.0433 $1,790 n/a

Homestead residential market stats

Median Sale Price
$440,000
-2.2% YoY
Median Price/Sqft
$218
-9.5% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Homestead so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Homestead and compare it to other neighborhoods in Miami-Dade County.

Check out recently sold homes in Homestead and see how their prices compare.

Risk

Create a free account to unlock extended information for 11871 Southwest 242nd Terrace, Homestead, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) AE (See more on map)

Transportation

Access the detailed traffic volume map for 11871 Southwest 242nd Terrace, Homestead to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Summerville Advantage Academy 6 Charter K-5 457 0.32
Coconut Palm K-8 Academy 4 Public PK, K-8 1,210 0.59
Coconut Palm K-8 Academy 4 Public PK, K-8 1,210 0.59
Somerset Academy (Silver Palms) 9 Charter K-8 1,939 0.71
Lovely Stars Academy 2 NR Private PK-4 67 0.80

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Coconut Palm K-8 Academy 4 Public PK, K-8 1,210 0.59
Somerset Academy (Silver Palms) 9 Charter K-8 1,939 0.71
Rainbow Christian Academy NR Private PK, K-8 0 1.11
Palm Glades Preparatory Academy 6 Charter 6-8 266 1.21
Lincoln Marti NR Private 1-8 0 1.45

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Somerset Academy Charter High School 9 Charter 9-12 914 0.70
Somerset Academy Charter High School (South Campus) 6 Charter 9-12 28 0.72
Palm Glades Preparatory Academy High School 5 Charter 9-12 286 1.21
Arthur And Polly Mays Conservatory Of The Arts 7 Public 6-12 513 1.65
Grace Christian Preparatory NR Private PK-12 88 1.84

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 11871 Southwest 242nd Terrace, Homestead

Here are the neighbors for 11871 Southwest 242nd Terrace, Homestead.

Address Square feet Purchase date Purchase price
11882 SW 242nd Ter, Homestead 3,498 11/16/2022 $632,290
11876 SW 242nd Ter, Homestead 2,688 03/13/2023 $10
11879 SW 242nd Ter, Homestead 2,946
11870 SW 242nd Ter, Homestead 3,498 11/15/2022 $574,990
11855 SW 242nd Ter, Homestead 3,498 11/16/2022 $648,165
11913 SW 242nd Ter, Homestead 3,123 09/30/2022 $587,840
11901 SW 242nd Ter, Homestead 3,498 12/15/2023 $10
11863 SW 242nd Ter, Homestead 2,320 11/18/2022 $545,240
11908 SW 241st Ter, Homestead 3,123
11924 SW 241st Ter, Homestead 2,688 12/21/2022 $539,390
11872 SW 241st Ter, Homestead 2,196 11/14/2022 $529,490
11856 SW 241st Ter, Homestead 2,320
11925 SW 242nd Ter, Homestead 3,498
11916 SW 241st Ter, Homestead 2,196 12/08/2022 $498,990
11864 SW 242nd Ter, Homestead 2,946 11/14/2022 $599,990
11905 SW 243rd St, Homestead 2,196
11919 SW 242nd Ter, Homestead 2,946
11907 SW 242nd Ter, Homestead 2,688 10/12/2022 $557,890
11880 SW 241st Ter, Homestead 2,688 07/16/2024 $632,000
11864 SW 241st Ter, Homestead 3,498 02/16/2024 $1

Nearby ZIP Codes for 11871 Southwest 242nd Terrace, Homestead

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