11385 SW 123 TER, Kendall, FL 33176

Parcel: 3050180100750 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$388,381

Property Details

Beds
4
Baths
2
Living Sqft
1,898
Year Built
1979
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1995-12-01
2
$370,000
2004-07-01
3
$415,000+12%
2013-09-13
LUIS ACEVEDO &WREYNALDO A VELAZQUEZ

Tax Assessment History

$388,381
Assessed (2025)
$744,610
Market Value
$337,659
Taxable Value
$6,874
Annual Tax
2024
$377,436
$731,613
2025
$388,381
$744,610
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $388,381 $744,610 $337,659 $6,874
2024 $377,436 $731,613 $327,436 $6,666

About 11385 SW 123 TER, Kendall, FL 33176

11385 SW 123 TER, Kendall, FL 33176 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1979 with 1,898 square feet of living space on a 15,000 square foot lot. The property is currently owned by REYNALDO A VELAZQUEZ JENNIFER Q VELAZQUEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-09-13 for $415,000, when LUIS ACEVEDO &W sold to REYNALDO A VELAZQUEZ. The property has appreciated $45,000 (12%) since the prior sale of $370,000 on 2004-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $388,381 with a market value of $744,610. This breaks down to $495,000 for the land and $249,610 for the building. The assessed value increased 3% from $377,436 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 $138,750, and the median home value is $718,300. The population density is 3,240 people per square mile. There are active mortgage liens totaling $110,430 recorded against this property.

11385 SW 123 TER, Kendall, FL 33176 is located in Kendall, Florida. Property records, tax assessments, sales history, and ownership information for this Kendall property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1995 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $219 per square foot — a key metric for comparing value across Kendall's real estate market..

Current Owner

REYNALDO A VELAZQUEZ JENNIFER Q VELAZQUEZ
11385 SW 123RD TER, MIAMI, FL, 33176-4414
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,283 — $7,790
Flood $400 — $800
Property/Wind $3,883 — $6,990

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$138,750
Median Home Value$718,300
Pop. Density3,240/sq mi

Neighborhood 11385

100%
Owner-Occ
0%
Investor
65
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →

Mortgages

ACTIVE
$123,000
~$110,430 bal.
NATIONSTAR MORTGAGE LLC · 2023-12-22
1 satisfied mortgage
SATISFIED 2021-12-06
$528,000
ROCKET MORTGAGE LLC
Est. Total Balance $110,430
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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