15243 SW 118 TER, The Hammocks, FL 33196

Parcel: 3059090484020 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$398,779

Property Details

Beds
4
Baths
2.5
Living Sqft
2,640
Year Built
2012
Lot Sqft
5,008
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$15,318,200
2010-12-31
CENTURY GARDENS LLPLENNAR HOMES LLC
2
$322,990-98%
2013-04-25
LENNAR HOMES LLCFRANCISCO JAVIER RAMIREZ
3
$100non-market transfer
2026-01-23
FRANCISCO JAVIER RAMIREZFRANCISCO JAVIER RAMIREZ LE
4
N/A
2026-01-27

Tax Assessment History

$398,779
Assessed (2025)
$602,587
Market Value
$348,057
Taxable Value
$7,086
Annual Tax
2024
$387,541
$606,581
2025
$398,779
$602,587
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $398,779 $602,587 $348,057 $7,086
2024 $387,541 $606,581 $337,541 $6,872

About 15243 SW 118 TER, The Hammocks, FL 33196

15243 SW 118 TER, The Hammocks, FL 33196 is a 4-bedroom, 2.5-bathroom residential - single family : cluster home built in 2012 with 2,640 square feet of living space on a 5,008 square foot lot. The property is currently owned by FRANCISCO JAVIER RAMIREZ LE MAGDA LILIANA TAMAYO LE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $398,779 with a market value of $602,587. This breaks down to $250,200 for the land and $352,387 for the building.

The assessed value increased 3% from $387,541 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 $334,363 recorded against this property. 15243 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 2026, with 4 recorded transactions in the public record..

Current Owner

FRANCISCO JAVIER RAMIREZ LE MAGDA LILIANA TAMAYO LE
15243 SW 118 TER, MIAMI, FL, 33196
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,792 — $4,787
Flood $400 — $800
Property/Wind $2,392 — $3,987

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 15243

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
View full risk analysis →

Mortgages

ACTIVE
$420,000
~$334,363 bal.
EMBRACE HOME LOANS INC · 2021-11-10
Est. Total Balance $334,363
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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