15624 SW 116 TER, The Hammocks, FL 33196

15624 SW 116 TER, The Hammocks, FL 33196 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2011 with 2,640 square feet of living space on a 5,000 square foot lot. The property is currently owned by JUAN RAMON OQUENDO NIEVES ELSIE MARIEL NUNEZ AVILES, 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 2017-05-05 for $375,000, when NASIB DEVELOPMENT GROUP LLC sold to JUAN RAMON OQUENDO NIEVES. The property has appreciated $52,800 (16%) since the prior sale of $322,200 on 2016-01-06. There are 3 recorded sales for this property.

The 2025 assessed value is $355,712 with a market value of $564,954. This breaks down to $250,000 for the land and $314,954 for the building. The assessed value increased 3% from $345,688 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. 15624 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 2011 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 95% of the most recent sale price.

Based on the most recent sale, this property traded at $142 per square foot — a key metric for comparing value across The Hammocks's real estate market..