$599,900
11242 SW 242nd Street
Explore the area: Homestead homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $599,900
- Price per sq ft
- $241
- Original price
- Unchanged
- Days on market
- 16
This 4-bedroom single-family home in Silver Palm East Sec One went under contract with an asking price of $599,900, or $241 per square foot. It spent 16 days on the market before going under contract.
Estimated monthly payment
$3,153 /mo
Principal and interest only, based on $119,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $82/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $599,900
- Days on Site
- 16 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,494 sqft
- Total Sq Ft
- 3,063 sqft
- Lot Size
- 0.12 Acres
- Year Built
- 2006
- Property Type
- Single Family
- MLS #
- A12078553
- Property Tax
- $11,170 (2025)
- HOA Fees
- $82 / Monthly
- Subdivision
- SILVER PALM EAST SEC ONE
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Welcome to this modern, upgraded two-story lakefront home in desirable Silver Palm. With 2 Separate car garages, Designed for comfortable family living, this beautiful residence offers stylish updates, spacious living areas, and serene water views. With its inviting layout and move-in-ready appeal, this is the perfect opportunity for a new family to enjoy the best of contemporary living in a sought-after community.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2006
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Paver Block
- Direction Faces
- North
- Lot Size (Acres)
- 0.12
- Living Sq Ft
- 2,494
- Total Sq Ft
- 3,063
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0102
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Breakfast Area / Bathtub / Family Dining Room / Living Dining Room / Soaking Tub / Tub Shower / Walk In Closets
- Windows
- Blinds
- Total Rooms
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Outdoor Living Area
- Architectural Style
- Contemporary
- Pool Features
- Association
- Patio & Porch
- Patio
- Waterfront Features
- None
- Frontage
- Waterfront
- Frontage Length
- 50.00 ft
- View
- Lake
Community & HOA
- HOA Fee
- $82 / Monthly
- Association Amenities
- Clubhouse / Other / Pool
- Community Features
- Home Owners Association
- Security
- Smoke Detectors
- Financing Terms
- Cash / Conventional / FHA / Other / Va Loan
- Restrictions
- Ok To Lease
- MLS Area
- 2600
This home's HOA fee works out to $82 a month, in line with the $84 median across 10 homes for sale in Silver Palm East Sec One. See Silver Palm East Sec One HOA fees
Schools
- Elementary School
- Coconut Palm K-8 Academy
- High School
- Homestead
About the Community
Silver Palm East Section is a waterfront community in Homestead, Miami-Dade County, Florida. Active listings are priced from $455,000 to $479,000. Homes were built starting 2006. Pure Equity lists homes in Silver Palm East and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 10
- Under Contract
- 2
- Median List Price
- $548,950
- Median Sale Price (September)
- $540,000
- Median $/Sq Ft
- $243
- Avg Days on Market
- 82
Frequently Asked Questions
- How do I schedule a tour of 11242 SW 242nd Street, Homestead, FL 33032?
- Use the Tour button on this listing to request a showing of 11242 SW 242nd Street, Homestead, FL 33032. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 11242 SW 242nd Street, Homestead, FL 33032 still available?
- 11242 SW 242nd Street, Homestead, FL 33032 is currently listed as Under Contract, and has been on the market 16 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 11242 SW 242nd Street, Homestead, FL 33032?
- With 20% down ($119,980) on the $599,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11242 SW 242nd Street, Homestead, FL 33032 is about $3,153/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 11242 SW 242nd Street, Homestead, FL 33032?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11242 SW 242nd Street, Homestead, FL 33032. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 11242 SW 242nd Street, Homestead, FL 33032 have an HOA fee?
- Yes: 11242 SW 242nd Street, Homestead, FL 33032 carries an HOA fee of about $82 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 11242 SW 242nd Street, Homestead, FL 33032?
- 11242 SW 242nd Street, Homestead, FL 33032 is zoned for Coconut Palm K-8 Academy (elementary), Homestead (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 11242 SW 242nd Street, Homestead, FL 33032?
- Often, yes. The right offer on 11242 SW 242nd Street, Homestead, FL 33032 depends on how it's priced against comparable single family sales in Homestead, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of CasaLuxe Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$599,900
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Listed by Idalia Nunez, CasaLuxe Realty
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Recent Sales
Recently sold homes in Silver Palm East Sec One
These are the last 6 recorded closings in Silver Palm East Sec One, with the price each home actually sold for rather than what it was listed at. They closed at a median of $236 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$600,000
Sold · October 1, 2026
24065 SW 113th Passage
4 bed · 2.5 bath · 2,537 sqft · $236/sqft
$25,000 under the asking price
Sold$430,000
Sold · September 25, 2026
11413 SW 238th Street
3 bed · 2.5 bath · 1,857 sqft · $232/sqft
$14,999 under the asking price
Sold$650,000
Sold · September 23, 2026
11556 SW 234th Street
5 bed · 3 bath · 3,340 sqft · $195/sqft
Sold$693,800
Sold · September 14, 2026
24123 SW 112th Place
4 bed · 2.5 bath · 2,537 sqft · $273/sqft
$1,200 under the asking price
Sold$415,000
Sold · September 10, 2026
11467 SW 236th Lane
3 bed · 2.5 bath · 1,656 sqft · $251/sqft
$10,000 under the asking price
Sold$680,000
Sold · August 31, 2026
11495 SW 241st Street
5 bed · 3 bath · 3,399 sqft · $200/sqft
$10,000 under the asking price
See every recorded sale in Silver Palm East Sec One or find out what your Silver Palm East Sec One home is worth.
