186 SE 12 TER 1009, Miami, FL 33131

186 SE 12 TER 1009, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,145 square feet of living space. The property is currently owned by SOLARIS 705 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-12-23 for $1,030,500, when KATHERINE ARTY sold to SOLARIS 705 LLC. The property has appreciated $745,500 (262%) since the prior sale of $285,000 on 2017-05-08. There are 3 recorded sales for this property.

The 2025 assessed value is $624,938 with a market value of $624,938. The assessed value increased 25% from $499,950 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $135,809, and the median home value is $633,700. The population density is 51,337 people per square mile.

There are active mortgage liens totaling $303,368 recorded against this property. 186 SE 12 TER 1009, Miami, FL 33131 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2015 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 61% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $900 per square foot — a key metric for comparing value across Miami's real estate market..