How do I schedule a tour of 11863 SW 242nd Terrace, Homestead, FL 33032?

Use the Tour button on this listing to request a showing of 11863 SW 242nd Terrace, 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 11863 SW 242nd Terrace, Homestead, FL 33032 still available?

11863 SW 242nd Terrace, Homestead, FL 33032 is currently listed as Active, and has been on the market 21 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 11863 SW 242nd Terrace, Homestead, FL 33032?

With 20% down ($127,980) on the $639,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11863 SW 242nd Terrace, Homestead, FL 33032 is about $3,363/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 11863 SW 242nd Terrace, Homestead, FL 33032?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11863 SW 242nd Terrace, Homestead, FL 33032. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 11863 SW 242nd Terrace, Homestead, FL 33032 have an HOA fee?

Yes: 11863 SW 242nd Terrace, Homestead, FL 33032 carries an HOA fee of about $264 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 11863 SW 242nd Terrace, Homestead, FL 33032?

11863 SW 242nd Terrace, Homestead, FL 33032 is zoned for Coconut Palm K-8 Academy (elementary), Redland (middle), 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 11863 SW 242nd Terrace, Homestead, FL 33032?

Often, yes. The right offer on 11863 SW 242nd Terrace, 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.

Active

21 Days on Market

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$639,900

11863 SW 242nd Terrace

Homestead, FL 33032

ESTATES AT SILVER PALM

Explore the area: Homestead homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $639,900
Price per sq ft: $338
Vs. nearby sales: 35.7% above
Days on market: 21

This 4-bedroom single-family home in Estates At Silver Palm is listed at $639,900, or $338 per square foot. The asking price has come down 2.9% from its original $659,000. It has been on the market for 21 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $249 per square foot, so the asking price is 35.7% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,895

Living Sq Ft

2022

Year Built

Estimated monthly payment

$3,363 /mo

Principal and interest only, based on $127,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $264/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $639,900
Days on Site: 21 Days
Bedrooms: 4
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 1,895 sqft
Total Sq Ft: 2,320 sqft
Lot Size: 0.13 Acres
Year Built: 2022
Property Type: Single Family
MLS #: B26075292
Property Tax: $10,726 (2025)
HOA Fees: $264 / Monthly
Subdivision: ESTATES AT SILVER PALM
County: Miami Dade
Status: Active
Special Conditions: Standard

About This Property

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!

Virtual Tour

General Features

Property Type: Single Family
Status: Active
Year Built: 2022
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Garage
Direction Faces: West
Lot Size (Acres): 0.13
Living Sq Ft: 1,895
Total Sq Ft: 2,320
Structure Type: House
Sewer: Public Sewer
Water Source: Public
Zoning: 0102

Interior Features

Appliances: Dryer / Dishwasher / Ice Maker / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Tile
Interior Features: Dual Sinks / Main Level Primary / Walk In Closets
Laundry: Washer Hookup / Electric Dryer Hookup
Main Level Bedrooms: 4
Main Level Baths: 3
Total Rooms: 3

Exterior Features

Construction: Block
Roof: Tile
Pool Features: Association
Lot Features: Less Than Quarter Acre

Community & HOA

HOA Fee: $264 / Monthly
HOA Includes: Common Areas / Maintenance Grounds / Pest Control / Pools / Reserve Fund / Security
Association Amenities: Clubhouse / Fitness Center / Maintenance / Other / Pool
Community Features: Home Owners Association
Utilities: Cable Available / Electricity Available / Water Available
Pets Allowed: Breed Restrictions / Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: Buyer Approval Required / Ok To Lease
MLS Area: 2690

This home's HOA fee works out to $264 a month, in line with the $256 median across 11 homes for sale in Estates At Silver Palm. See Estates At Silver Palm HOA fees

Schools

Elementary School: Coconut Palm K-8 Academy
Middle School: Redland
High School: Homestead

About the Community

Estates At Silver Palm

View Community Details →

Estates At Silver Palm is a community in Homestead, Miami-Dade County, Florida. Active listings are priced from $620,000 to $780,000. Homes were built between 2022 and 2023. Pure Equity lists homes in Estates At Silver Palm 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: 11
Median List Price: $664,900
Median $/Sq Ft: $269
Avg Days on Market: 125

View all 11 homes for sale in Estates At Silver Palm →

Frequently Asked Questions

How do I schedule a tour of 11863 SW 242nd Terrace, Homestead, FL 33032?: Use the Tour button on this listing to request a showing of 11863 SW 242nd Terrace, 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 11863 SW 242nd Terrace, Homestead, FL 33032 still available?: 11863 SW 242nd Terrace, Homestead, FL 33032 is currently listed as Active, and has been on the market 21 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 11863 SW 242nd Terrace, Homestead, FL 33032?: With 20% down ($127,980) on the $639,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 11863 SW 242nd Terrace, Homestead, FL 33032 is about $3,363/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 11863 SW 242nd Terrace, Homestead, FL 33032?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 11863 SW 242nd Terrace, Homestead, FL 33032. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 11863 SW 242nd Terrace, Homestead, FL 33032 have an HOA fee?: Yes: 11863 SW 242nd Terrace, Homestead, FL 33032 carries an HOA fee of about $264 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 11863 SW 242nd Terrace, Homestead, FL 33032?: 11863 SW 242nd Terrace, Homestead, FL 33032 is zoned for Coconut Palm K-8 Academy (elementary), Redland (middle), 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 11863 SW 242nd Terrace, Homestead, FL 33032?: Often, yes. The right offer on 11863 SW 242nd Terrace, 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 LoKation

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 September 12, 2026.

$639,900

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Listed by Yesselky Soberon PA, LoKation

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Recently sold homes in Estates At Silver Palm

These are the last 6 recorded closings in Estates At Silver Palm, with the price each home actually sold for rather than what it was listed at. They closed at a median of $252 per square foot. The most recent closed on July 31, 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.