
$599,000
11497 SW 242nd Street
Explore the area: Homestead homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $599,000
- Price per sq ft
- $246
- Original price
- $640,000
- Days on market
- 199
This 4-bedroom single-family home in Silver Palm East Sec Four is listed at $599,000, or $246 per square foot. The asking price has come down 6.4% from its original $640,000. It has been on the market for 199 days.
Estimated monthly payment
$3,148 /mo
Principal and interest only, based on $119,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $80/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $599,000
- Days on Site
- 199 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,437 sqft
- Total Sq Ft
- 3,022 sqft
- Lot Size
- 0.14 Acres
- Year Built
- 2013
- Property Type
- Single Family
- MLS #
- A11986697
- Property Tax
- $10,405 (2025)
- HOA Fees
- $80 / Monthly
- Subdivision
- SILVER PALM EAST SEC FOUR
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
This property qualify for down payment assistance, buy this property with less than $10,000.00. Stunning 4-bedroom, 3-bathroom home built in 2013, perfectly positioned on a premium corner lot in Homestead near Exit 9 of the Florida Turnpike. The corner location offers exceptional backyard access—ideal for entertaining, parking, or future enhancements. Located in a beautiful and family-friendly community with an incredibly low HOA of just $80/month, residents enjoy resort-style amenities including a clubhouse, swimming pool, tennis courts, and basketball courts. Prime location just minutes from top schools, hospitals, restaurants, and shopping, with quick access to US-1 and the Turnpike for an easy commute. This is a rare opportunity to own a spacious, well-located home that combines comfort, convenience, and lifestyle. Perfect for families or savvy buyers looking for value and location.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2013
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.14
- Living Sq Ft
- 2,437
- Total Sq Ft
- 3,022
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0102
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other / Tile / Vinyl
- Interior Features
- Breakfast Area / Dining Area / Separate Formal Dining Room / Living Dining Room / Other
- Total Rooms
- 1
Exterior Features
- Construction
- Block / Other
- Roof
- Other / Spanish Tile
- Exterior Features
- Other
- View
- Garden
Community & HOA
- HOA Fee
- $80 / Monthly
- Association Amenities
- Clubhouse
- Community Features
- Home Owners Association
- Pets Allowed
- Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Other Restrictions / Ok To Lease
- MLS Area
- 2600
This home's HOA fee works out to $80 a month, 6% below the $85 median across 9 homes for sale in Silver Palm East Sec Four. See Silver Palm East Sec Four 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
- 9
- Median List Price
- $598,000
- Median $/Sq Ft
- $244
- Avg Days on Market
- 88
Frequently Asked Questions
- How do I schedule a tour of 11497 SW 242nd Street, Homestead, FL 33032?
- Use the Tour button on this listing to request a showing of 11497 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 11497 SW 242nd Street, Homestead, FL 33032 still available?
- 11497 SW 242nd Street, Homestead, FL 33032 is currently listed as Active, and has been on the market 199 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 11497 SW 242nd Street, Homestead, FL 33032?
- With 20% down ($119,800) on the $599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11497 SW 242nd Street, Homestead, FL 33032 is about $3,148/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 11497 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 11497 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 11497 SW 242nd Street, Homestead, FL 33032 have an HOA fee?
- Yes: 11497 SW 242nd Street, Homestead, FL 33032 carries an HOA fee of about $80 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 11497 SW 242nd Street, Homestead, FL 33032?
- 11497 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 11497 SW 242nd Street, Homestead, FL 33032?
- Often, yes. The right offer on 11497 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 The Molinares Group Real Estate
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 July 1, 2026.
$599,000
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Listed by Edwin Cordovi Cancio, The Molinares Group Real Estate
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Recent Sales
Recently sold homes in Silver Palm East Sec Four
These are the last 6 recorded closings in Silver Palm East Sec Four, 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 Four or find out what your Silver Palm East Sec Four home is worth.









