15623 SW 116 TER, The Hammocks, FL 33196

15623 SW 116 TER, The Hammocks, FL 33196 is a 5-bedroom, 4.5-bathroom residential - single family : cluster home built in 2011 with 3,465 square feet of living space on a 10,404 square foot lot. The property is currently owned by EDWARD LEON BROCHU JR BELKY BROCHU, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-06-17 for $925,000. There are 4 recorded sales for this property. The 2025 assessed value is $479,110 with a market value of $861,579.

This breaks down to $385,100 for the land and $476,479 for the building. The assessed value increased 3% from $465,608 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. There are active mortgage liens totaling $659,082 recorded against this property. 15623 SW 116 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 2025, with 4 recorded transactions in the public record. The current assessed value represents 52% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. There is 1 active building permit on this property with a combined estimated cost of $9,045, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $267 per square foot — a key metric for comparing value across The Hammocks's real estate market..