15121 SW 159 ST, South Miami Heights, FL 33187

15121 SW 159 ST, South Miami Heights, FL 33187 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1994 with 2,898 square feet of living space on a 13,663 square foot lot. The property is currently owned by RAMAESH MARAGH, 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 1996-07-01 for $186,400. The property has appreciated $13,500 (8%) since the prior sale of $172,900 on 1994-07-01. The 2025 assessed value is $294,271 with a market value of $692,401.

This breaks down to $327,912 for the land and $364,489 for the building. The assessed value increased 3% from $285,978 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $92,981, and the median home value is $587,000.

The population density is 1,313 people per square mile. 15121 SW 159 ST, South Miami Heights, FL 33187 is located in South Miami Heights, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami Heights property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1994 to 1996, with 2 recorded transactions in the public record. The current assessed value represents 158% 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 $64 per square foot — a key metric for comparing value across South Miami Heights's real estate market..