15424 SW 118 TER, The Hammocks, FL 33196

Parcel: 3059090481640 · Residential · Townhouse · Zoning: 3700

Assessed Value (2025)
$324,769

Property Details

Beds
3
Baths
2.5
Living Sqft
1,692
Year Built
2012
Lot Sqft
1,820
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$15,318,200
2010-12-31
CENTURY GARDENS LLPLENNAR HOMES LLC
2
$242,000-98%
2012-11-24
LENNAR HOMES LLCAMADO R FERNANDEZ
3
$372,000+54%
2021-06-24
AMADO R FERNANDEZMAIRELIS CASTRO SANCHEZ

Tax Assessment History

$324,769
Assessed (2025)
$410,500
Market Value
$274,047
Taxable Value
$5,579
Annual Tax
2024
$315,617
$384,500
2025
$324,769
$410,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $324,769 $410,500 $274,047 $5,579
2024 $315,617 $384,500 $265,617 $5,408

About 15424 SW 118 TER, The Hammocks, FL 33196

15424 SW 118 TER, The Hammocks, FL 33196 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2012 with 1,692 square feet of living space on a 1,820 square foot lot. The property is currently owned by MAIRELIS CASTRO SANCHEZ, 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 2021-06-24 for $372,000, when AMADO R FERNANDEZ sold to MAIRELIS CASTRO SANCHEZ. The property has appreciated $130,000 (54%) since the prior sale of $242,000 on 2012-11-24. There are 3 recorded sales for this property.

The 2025 assessed value is $324,769 with a market value of $410,500. The assessed value increased 3% from $315,617 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 $325,989 recorded against this property. 15424 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price.

Based on the most recent sale, this property traded at $220 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Current Owner

MAIRELIS CASTRO SANCHEZ
15424 SW 118 TER, MIAMI, FL, 33196
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,348 — $4,047
Flood $400 — $800
Property/Wind $1,948 — $3,247

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 15424

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →

Mortgages

ACTIVE
$346,750
~$325,989 bal.
REGIONS BANK · 2021-07-17
Est. Total Balance $325,989
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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