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11497 SW 242nd Street, Homestead, FL 33032
Active
199 Days on Market
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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.

4
Bedrooms
3
Bathrooms
2,437
Living Sq Ft
2013
Year Built

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.

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Listing 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 Tour

General 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

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
View all 9 homes for sale in Silver Palm East →
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.

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Listed by Edwin Cordovi Cancio, The Molinares Group Real Estate

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