15022 SW 89 TERRACE RD, The Hammocks, FL 33196

Parcel: 3059040010390 · Residential - Single Family · Cluster Home · Zoning: 0100

Assessed Value (2025)
$208,571

Property Details

Beds
3
Baths
2
Living Sqft
2,521
Year Built
1981
Lot Sqft
6,058
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
N/Anon-market transfer
1995-01-01
2
N/Anon-market transfer
1996-04-01
3
$150,000
1997-12-01

Tax Assessment History

$208,571
Assessed (2025)
$508,293
Market Value
$157,849
Taxable Value
$3,214
Annual Tax
2024
$202,693
$510,151
2025
$208,571
$508,293
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $208,571 $508,293 $157,849 $3,214
2024 $202,693 $510,151 $152,693 $3,109

About 15022 SW 89 TERRACE RD, The Hammocks, FL 33196

15022 SW 89 TERRACE RD, The Hammocks, FL 33196 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1981 with 2,521 square feet of living space on a 6,058 square foot lot. The property is currently owned by TERRANCE J UNDERWOOD &W CARMEN, 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 1997-12-01 for $150,000. There are 3 recorded sales for this property. The 2025 assessed value is $208,571 with a market value of $508,293.

This breaks down to $272,305 for the land and $235,988 for the building. The assessed value increased 3% from $202,693 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $54,910, and the median home value is $355,400. The population density is 8,765 people per square mile. 15022 SW 89 TERRACE RD, The Hammocks, FL 33196 is located in The Hammocks, Florida.

Property records, tax assessments, sales history, and ownership information for this The Hammocks property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1995 to 1997, with 3 recorded transactions in the public record. The current assessed value represents 139% 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 $60 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (1)

Permit #TypeStatusCost
B1993154429 building expired $10,000

Current Owner

TERRANCE J UNDERWOOD &W CARMEN
15022 SW 89 TERRACE RD, Miami, FL, 33196
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,485 — $4,554
Flood $400 — $800
Property/Wind $2,085 — $3,754

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$54,910
Median Home Value$355,400
Pop. Density8,765/sq mi

Neighborhood 15022

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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