15609 SW 98 TER, The Hammocks, FL 33196

Parcel: 3059040560540 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$220,739

Property Details

Beds
4
Baths
3
Living Sqft
2,628
Year Built
1991
Lot Sqft
5,388
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$139,700
1991-09-01
2
$154,000+10%
1999-05-01

Tax Assessment History

$220,739
Assessed (2025)
$546,333
Market Value
$170,017
Taxable Value
$3,461
Annual Tax
2024
$214,518
$565,147
2025
$220,739
$546,333
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $220,739 $546,333 $170,017 $3,461
2024 $214,518 $565,147 $164,518 $3,349

About 15609 SW 98 TER, The Hammocks, FL 33196

15609 SW 98 TER, The Hammocks, FL 33196 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 1991 with 2,628 square feet of living space on a 5,388 square foot lot. The property is currently owned by ELVIN J SILVESTRY &W AILYN DC, 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 1999-05-01 for $154,000. The property has appreciated $14,300 (10%) since the prior sale of $139,700 on 1991-09-01. The 2025 assessed value is $220,739 with a market value of $546,333.

This breaks down to $276,864 for the land and $269,469 for the building. The assessed value increased 3% from $214,518 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. 15609 SW 98 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 1991 to 1999, with 2 recorded transactions in the public record. The current assessed value represents 143% 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 $59 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (1)

Permit #TypeStatusCost
N1993083816 building expired $4,050

Current Owner

ELVIN J SILVESTRY &W AILYN DC
15609 SW 98 TERR, MIAMI, FL, 33196-3817
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,607 — $4,773
Flood $400 — $800
Property/Wind $2,207 — $3,973

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$85,570
Median Home Value$409,800
Pop. Density9,628/sq mi

Neighborhood 15609

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →
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