15857 SW 138 TER, The Hammocks, FL 33196

15857 SW 138 TER, The Hammocks, FL 33196 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2003 with 1,960 square feet of living space on a 5,000 square foot lot. The property is currently owned by ERNESTO ALVAREZ & YAMILE DIAZ, 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 2003-04-01 for $167,000. The property sold for $6,154,400 less than the prior sale of $6,321,400 on 2002-08-01. The 2025 assessed value is $454,716 with a market value of $454,716.

This breaks down to $182,750 for the land and $271,966 for the building. The assessed value increased 5% from $431,373 in 2024. 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.

15857 SW 138 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 2002 to 2003, with 2 recorded transactions in the public record.

The current assessed value represents 272% 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 $85 per square foot — a key metric for comparing value across The Hammocks's real estate market..