15603 SW 116 TER, The Hammocks, FL 33196

Parcel: 3059090480150 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$566,542

Property Details

Beds
4
Baths
3
Living Sqft
2,293
Year Built
2011
Lot Sqft
8,801
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$15,318,200
2010-12-31
CENTURY GARDENS LLPLENNAR HOMES LLC
2
$324,990-98%
2011-11-10
LENNAR HOMES LLCJESUS ALFONSO FARAJ RISCHMAWY
3
$100non-market transfer
2016-08-24
JESUS ALFONSO FARAJ RISCHMAWYSUYAPA REALTY LLC

Tax Assessment History

$566,542
Assessed (2025)
$663,144
Market Value
$566,542
Taxable Value
$11,534
Annual Tax
2024
$515,039
$666,797
2025
$566,542
$663,144
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $566,542 $663,144 $566,542 $11,534
2024 $515,039 $666,797 $515,039 $10,486

About 15603 SW 116 TER, The Hammocks, FL 33196

15603 SW 116 TER, The Hammocks, FL 33196 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2011 with 2,293 square feet of living space on a 8,801 square foot lot. The property is currently owned by SUYAPA REALTY LLC, 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 2016-08-24 for $100, when JESUS ALFONSO FARAJ RISCHMAWY sold to SUYAPA REALTY LLC. The property sold for $324,890 less than the prior sale of $324,990 on 2011-11-10. There are 3 recorded sales for this property.

The 2025 assessed value is $566,542 with a market value of $663,144. This breaks down to $345,025 for the land and $318,119 for the building. The assessed value increased 10% from $515,039 in 2024.

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. 15603 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 2016, with 3 recorded transactions in the public record..

Building Permits (1)

Permit #TypeStatusCost
C2024084186 building F $18,850

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$3,799 — $6,465
Flood $400 — $800
Property/Wind $3,399 — $5,665

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$114,250
Median Home Value$468,200
Pop. Density10,920/sq mi

Neighborhood 15603

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
14
View full risk analysis →
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