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11863 SW 242ND Terrace
$629,900

11863 SW 242ND Terrace

ESTATES AT SILVER PALM · Homestead · FL · 33032

Active
4
Beds
3
Baths
1,895
Sq Ft
2022
Year Built
SingleFamilyResidence
Type

Overview

Price per sq ft
$332
Days on market
9
HOA
$264/mo
Property taxes
$11,173/yr (2026)
Lot
0.13 acres (5,504 sq ft)
Garage
2 car

About this home

FALL IN LOVE WITH THIS 2022-BUILT HOME! This beautiful single-story 4-bedroom, 3-full-bath home sits on a quiet dead-end street, offering a peaceful setting where kids can enjoy playing outside. The spacious open-concept layout features a formal living room, dining area, family room, and stylish coffee/bar area perfect for entertaining. The updated kitchen offers granite countertops, stainless steel appliances, a 2025 stove, and a large pantry with a beautiful farmhouse door, plus plenty of cabinet space. Enjoy high-end plank tile flooring, modern fixtures, and a walk-in closet. Step outside to the BRAND-NEW PERGOLA with two fans and recessed lighting perfect for entertaining day or night. Come see it before someone else calls it home!

Property details

Interior

Bedrooms
4
Full bathrooms
3
Living area
1,895 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Walk-In Closet(s)

Exterior & lot

Construction
Block
Roof
Tile
Stories
1
Lot size
0.13 acres (5,504 sq ft)
Parking
Attached Garage, Garage
Garage spaces
2

Community

Subdivision
ESTATES AT SILVER PALM
HOA fee
$264 monthly
Amenities
Pool, Clubhouse, Fitness Center, Maintained Community, Other
County
Miami-Dade

Listing & financial

Property type
Single Family Residence
Year built
2022
Annual taxes
$11,173 (2026)
Parcel ID
3069240080590
Buyer financing accepted
Cash, Conventional, FHA, VA Loan
Sale type
Standard
MLS #
B26092553

Sale & tax history

This listing

Oct 25, 2026Listed for sale$629,900

Taxes

2026 property taxes: $11,173. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).

Full sale and tax history is public at the county property appraiser (parcel ID 3069240080590). Open the Miami-Dade County Property Appraiser ↗

Location

Approximate location. Street View opens in Google Maps where Google has street photos.

Neighborhood

Subdivision
ESTATES AT SILVER PALM
City
Homestead
County
Miami-Dade County
Elementary school
Coconut Palm K-8 Academy
Middle school
Redland
High school
Homestead

Schools as reported by the listing agent. Always confirm school assignments with the district: Miami-Dade County schools ↗.

Climate, weather & flood risk

Average temperatures by month

Winters are mild, with highs around 77°F from December to February. The coolest nights come in January (about 61°F); the warmest days in July (about 91°F).

Average daily low and high temperature and average rainfall by month, Miami Intl Airport
MonthLowRangeHighRain
Jan61°
76°1.8″
Feb63°
78°2.1″
Mar66°
81°2.5″
Apr70°
84°3.4″
May73°
87°6.3″
Jun76°
89°10.5″
Jul78°
91°7.4″
Aug78°
91°9.6″
Sep77°
89°10.2″
Oct74°
86°7.7″
Nov68°
81°3.5″
Dec64°
78°2.4″

Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, Miami Intl Airport station (18 mi away). Most rain falls in short summer afternoon showers.

Monthly payment

Estimated monthly payment

$4,800/mo

  • Principal & interest$3,185
  • Property taxes$931
  • Home insurance$420
  • HOA$264

Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →