15550 SW 111 TER, The Hammocks, FL 33196

Parcel: 3059090120140 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$137,355

Property Details

Beds
3
Baths
2.5
Living Sqft
1,492
Year Built
1985
Lot Sqft
2,064
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$65,000
1985-06-01
2
$75,000+15%
1988-07-01
3
$90,000+20%
1996-02-01

Tax Assessment History

$137,355
Assessed (2025)
$390,074
Market Value
$86,633
Taxable Value
$1,764
Annual Tax
2024
$133,484
$390,074
2025
$137,355
$390,074
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $137,355 $390,074 $86,633 $1,764
2024 $133,484 $390,074 $83,484 $1,700

About 15550 SW 111 TER, The Hammocks, FL 33196

15550 SW 111 TER, The Hammocks, FL 33196 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 1985 with 1,492 square feet of living space on a 2,064 square foot lot. The property is currently owned by MIGUEL A RODRIGUEZ &W ZULEYDA, 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 1996-02-01 for $90,000. The property has appreciated $15,000 (20%) since the prior sale of $75,000 on 1988-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $137,355 with a market value of $390,074. The assessed value increased 3% from $133,484 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $62,500, and the median home value is $339,100. The population density is 18,765 people per square mile. 15550 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 1985 to 1996, with 3 recorded transactions in the public record. The current assessed value represents 153% 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
W2024007357 building F

Current Owner

MIGUEL A RODRIGUEZ &W ZULEYDA
15550 SW 111 TERR, MIAMI, FL, 33196-2770
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$62,500
Median Home Value$339,100
Pop. Density18,765/sq mi

Neighborhood 15550

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →
Zoom in to see property sales