2045 NE 198 TER, Ives Estates, FL 33179

2045 NE 198 TER, Ives Estates, FL 33179 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1959 with 2,789 square feet of living space on a 11,160 square foot lot. The property is currently owned by MARCOS STERN SILVANA RECALDE STERN, 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 2013-07-17 for $443,000, when SAGI SHAKED sold to MARCOS STERN. The property has appreciated $442,900 (442900%) since the prior sale of $100 on 2013-05-22. There are 3 recorded sales for this property.

The 2025 assessed value is $579,618 with a market value of $1,068,732. This breaks down to $725,400 for the land and $343,332 for the building. The assessed value increased 3% from $563,283 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 $95,283, and the median home value is $837,700. The population density is 4,387 people per square mile. 2045 NE 198 TER, Ives Estates, FL 33179 is located in Ives Estates, Florida.

Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2013 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 131% 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 $159 per square foot — a key metric for comparing value across Ives Estates's real estate market..