15607 SW 103 TER, The Hammocks, FL 33196

15607 SW 103 TER, The Hammocks, FL 33196 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1989 with 1,385 square feet of living space on a 3,990 square foot lot. The property is currently owned by RICARDO SANCHEZ &W REGINA, 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 1989-11-01 for $85,000. The property sold for $25,000 less than the prior sale of $110,000 on 1988-12-01. The 2025 assessed value is $138,380 with a market value of $385,706.

This breaks down to $223,440 for the land and $162,266 for the building. The assessed value increased 3% from $134,481 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $85,570, and the median home value is $409,800. The population density is 9,628 people per square mile. 15607 SW 103 TER, 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 1988 to 1989, with 2 recorded transactions in the public record. The current assessed value represents 163% 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 $61 per square foot — a key metric for comparing value across The Hammocks's real estate market..