15298 SW 118 TER, Unincorporated County, FL 33196

Parcel: 3059090482750 · RESIDENTIAL - TOTAL VALUE : TOWNHOUSE · Zoning: 3700

Assessed Value (2025)
$256,082

Property Details

Beds
3
Baths
2.5
Living Sqft
1,838
Year Built
2012
Lot Sqft
1,800
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$15,318,200
2010-12-31
CENTURY GARDENS LLPLENNAR HOMES LLC
2
$250,990-98%
2012-11-30
LENNAR HOMES LLCELKIN PELAEZ

Tax Assessment History

$256,082
Assessed (2025)
$417,000
Market Value
$205,360
Taxable Value
$4,181
Annual Tax
2024
$248,865
$390,000
2025
$256,082
$417,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $256,082 $417,000 $205,360 $4,181
2024 $248,865 $390,000 $198,865 $4,049

About 15298 SW 118 TER, Unincorporated County, FL 33196

15298 SW 118 TER, Unincorporated County, FL 33196 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2012 with 1,838 square feet of living space on a 1,800 square foot lot. The property is currently owned by ELKIN PELAEZ, 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 2012-11-30 for $250,990, when LENNAR HOMES LLC sold to ELKIN PELAEZ. The property sold for $15,067,210 less than the prior sale of $15,318,200 on 2010-12-31. The 2025 assessed value is $256,082 with a market value of $417,000.

The assessed value increased 3% from $248,865 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 $114,250, and the median home value is $468,200. The population density is 10,920 people per square mile.

15298 SW 118 TER, Unincorporated County, FL 33196 is located in Unincorporated County, Florida. Property records, tax assessments, sales history, and ownership information for this Unincorporated County property are available through Miami-Dade County public records. The complete ownership history of this property spans from 2010 to 2012, with 2 recorded transactions in the public record.

The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $137 per square foot — a key metric for comparing value across Unincorporated County's real estate market..

Current Owner

ELKIN PELAEZ
15298 SW 118 TER, MIAMI, FL, 33196
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$1,936 — $3,800
Flood $400 — $800
Property/Wind $1,536 — $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$114,250
Median Home Value$468,200
Pop. Density10,920/sq mi

Neighborhood 15298

0%
Corp-Owned
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →
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