15238 SW 115 TER, The Hammocks, FL 33196

15238 SW 115 TER, The Hammocks, FL 33196 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1999 with 2,545 square feet of living space on a 6,000 square foot lot. The property is currently owned by MARVIN LEE & LOREN LEE, 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 1999-11-01 for $203,400. The 2025 assessed value is $273,479 with a market value of $539,946. This breaks down to $258,000 for the land and $281,946 for the building.

The assessed value increased 3% from $265,772 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.

Flood insurance is typically required. The median household income in this area is $114,250, and the median home value is $468,200. The population density is 10,920 people per square mile.

15238 SW 115 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 current assessed value represents 134% 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 $80 per square foot — a key metric for comparing value across The Hammocks's real estate market..