15447 SW 118 TER, The Hammocks, FL 33196

15447 SW 118 TER, The Hammocks, FL 33196 is a 5-bedroom, 3-bathroom residential - single family : cluster home built in 2012 with 2,565 square feet of living space on a 5,002 square foot lot. The property is currently owned by KHODADAD S RAGABY PARVANA K RAGABY, 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 2012-04-27 for $317,890, when LENNAR HOMES LLC sold to KHODADAD S RAGABY. The property sold for $15,000,310 less than the prior sale of $15,318,200 on 2010-12-31. The 2025 assessed value is $320,264 with a market value of $565,797.

This breaks down to $250,050 for the land and $315,747 for the building. The assessed value increased 3% from $311,239 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. 15447 SW 118 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 2012, with 2 recorded transactions in the public record. The current assessed value represents 101% of the most recent sale price. Based on the most recent sale, this property traded at $124 per square foot — a key metric for comparing value across The Hammocks's real estate market..