15040 SW 159 PL, The Hammocks, FL 33196

15040 SW 159 PL, The Hammocks, FL 33196 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1998 with 2,182 square feet of living space on a 8,444 square foot lot. The property is currently owned by ALVARO MEJIA MELISSA HAMMOND MEJIA, 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 2014-11-05 for $275,000, when DEUTSCHE BANK NATL TRUST CO TRS sold to ALVARO MEJIA. The property has appreciated $8,200 (3%) since the prior sale of $266,800 on 2014-07-10. There are 3 recorded sales for this property.

The 2025 assessed value is $371,249 with a market value of $617,788. This breaks down to $310,908 for the land and $306,880 for the building. The assessed value increased 3% from $360,787 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 $138,125, and the median home value is $541,600. The population density is 672 people per square mile. 15040 SW 159 PL, 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 2005 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 135% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $126 per square foot — a key metric for comparing value across The Hammocks's real estate market..