1220 SW 15 TER, Miami, FL 33145

1220 SW 15 TER, Miami, FL 33145 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1938 with 1,515 square feet of living space on a 5,750 square foot lot. The property is currently owned by ALFREDO PINEIRO &W MARTHA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1986-07-01 for $63,000. The property has appreciated $37,000 (142%) since the prior sale of $26,000 on 1971-10-01. The 2025 assessed value is $191,493 with a market value of $779,679.

This breaks down to $603,750 for the land and $175,929 for the building. The assessed value increased 9% from $175,022 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $36,786, and the median home value is $625,600.

The population density is 11,064 people per square mile. 1220 SW 15 TER, Miami, FL 33145 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 1971 to 1986, with 2 recorded transactions in the public record. The current assessed value represents 304% 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 $42 per square foot — a key metric for comparing value across Miami's real estate market..