218 SW 15 TER, Homestead, FL 33030

Parcel: 1078140110020 · Residential - Single Family · Residential · Zoning: 1800

Assessed Value (2025)
$242,579

Property Details

Beds
3
Baths
2
Living Sqft
1,554
Year Built
2004
Lot Sqft
4,034
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$138,000
2004-07-01
2
$74,900-46%
2012-07-27
JOSE M MARRERO JR &WBCN INVESTMENT LLC
3
$145,000+94%
2016-04-25
BCN INVESTMENT LLC PEDRO DIAZ HERNANDEZ

Tax Assessment History

$242,579
Assessed (2025)
$363,880
Market Value
$191,857
Taxable Value
$3,906
Annual Tax
2024
$234,307
$365,264
2025
$242,579
$363,880
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $242,579 $363,880 $191,857 $3,906
2024 $234,307 $365,264 $184,307 $3,752

About 218 SW 15 TER, Homestead, FL 33030

218 SW 15 TER, Homestead, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2004 with 1,554 square feet of living space on a 4,034 square foot lot. The property is currently owned by PEDRO DIAZ HERNANDEZ MILADYS PALMA DE VERA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-04-25 for $145,000, when BCN INVESTMENT LLC sold to PEDRO DIAZ HERNANDEZ. The property has appreciated $70,100 (94%) since the prior sale of $74,900 on 2012-07-27. There are 3 recorded sales for this property.

The 2025 assessed value is $242,579 with a market value of $363,880. This breaks down to $128,544 for the land and $235,336 for the building. The assessed value increased 4% from $234,307 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $55,588, and the median home value is $292,500. The population density is 5,322 people per square mile. 218 SW 15 TER, Homestead, FL 33030 is located in Homestead, Florida.

Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2004 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 167% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $93 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

PEDRO DIAZ HERNANDEZ MILADYS PALMA DE VERA
218 SW 15 TER, HOMESTEAD, FL, 33030
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$55,588
Median Home Value$292,500
Pop. Density5,322/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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