14977 SW 8 TER, Miami-Dade County, FL 33194

Parcel: 3049040021450 · Residential · Townhouse · Zoning: 8900

Assessed Value (2025)
$190,102

Property Details

Beds
3
Baths
2.5
Living Sqft
1,812
Year Built
2004
Lot Sqft
1,540
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$201,990
2004-06-01
2
$355,000+76%
2006-04-01
3
$575,000+62%
2025-01-21
FRANCISCO PALMERO &WVICTOR RAUL MEDRANO
4
$575,000
2025-01-29

Tax Assessment History

$190,102
Assessed (2025)
$437,000
Market Value
$139,380
Taxable Value
$2,838
Annual Tax
2024
$184,745
$426,000
2025
$190,102
$437,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $190,102 $437,000 $139,380 $2,838
2024 $184,745 $426,000 $134,745 $2,743

About 14977 SW 8 TER, Miami-Dade County, FL 33194

14977 SW 8 TER, Miami-Dade County, FL 33194 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2004 with 1,812 square feet of living space on a 1,540 square foot lot. The property is currently owned by VICTOR RAUL MEDRANO MERCEDES GLADYS MEDRANO, 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 2025-01-29 for $575,000. There are 4 recorded sales for this property. The 2025 assessed value is $190,102 with a market value of $437,000.

The assessed value increased 3% from $184,745 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $106,294, and the median home value is $522,700.

The population density is 6,998 people per square mile. There are active mortgage liens totaling $507,528 recorded against this property. The complete ownership history of this property spans from 2004 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 33% 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 $317 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

VICTOR RAUL MEDRANO MERCEDES GLADYS MEDRANO
14977 SW 8 TER, MIAMI, FL, 33194
Since: 2026-04-19
View owner profile →

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$106,294
Median Home Value$522,700
Pop. Density6,998/sq mi

Neighborhood 14977

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
19
View full risk analysis →

Mortgages

ACTIVE
$515,000
~$507,528 bal.
UMORTGAGE LLC · 2025-01-29
Est. Total Balance $507,528
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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