14720 SW 111 TER, The Hammocks, FL 33196

Parcel: 3059090031040 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$320,169

Property Details

Beds
4
Baths
2
Living Sqft
2,102
Year Built
1987
Lot Sqft
5,500
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$173,100
2010-06-25
LUIS ECHEVERRI &W GLORIA GARCIA &WELLS FARGO BANK NA
2
$100non-market transfer
2012-01-03
WELLS FARGO BANK NATRUCAP REO CORP
3
$225,000
2012-07-23
TRUCAP REO CORPMICHEL GERMAN SANCHEZ

Tax Assessment History

$320,169
Assessed (2025)
$468,215
Market Value
$269,447
Taxable Value
$5,486
Annual Tax
2024
$311,146
$495,480
2025
$320,169
$468,215
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $320,169 $468,215 $269,447 $5,486
2024 $311,146 $495,480 $261,146 $5,317

About 14720 SW 111 TER, The Hammocks, FL 33196

14720 SW 111 TER, The Hammocks, FL 33196 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 1987 with 2,102 square feet of living space on a 5,500 square foot lot. The property is currently owned by MICHEL GERMAN SANCHEZ, 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 2012-07-23 for $225,000, when TRUCAP REO CORP sold to MICHEL GERMAN SANCHEZ. The property has appreciated $224,900 (224900%) since the prior sale of $100 on 2012-01-03. There are 3 recorded sales for this property.

The 2025 assessed value is $320,169 with a market value of $468,215. This breaks down to $262,500 for the land and $205,715 for the building. The assessed value increased 3% from $311,146 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $87,423, and the median home value is $425,400. The population density is 14,316 people per square mile.

14720 SW 111 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 2010 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 142% 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 $107 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Current Owner

MICHEL GERMAN SANCHEZ
14720 SW 111 TER, MIAMI, FL, 33196
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,601 — $6,563
Flood $400 — $800
Property/Wind $3,201 — $5,763

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$87,423
Median Home Value$425,400
Pop. Density14,316/sq mi

Neighborhood 14720

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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