12040 SW 188 TER, South Miami Heights, FL 33177

Parcel: 3060060016270 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$109,035

Property Details

Beds
3
Baths
1
Living Sqft
1,368
Year Built
1957
Lot Sqft
7,725
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$58,000
1994-05-01
2
$82,000+41%
1999-05-01
3
$102,500+25%
2001-06-01

Tax Assessment History

$109,035
Assessed (2025)
$423,886
Market Value
$58,313
Taxable Value
$1,187
Annual Tax
2024
$105,963
$416,132
2025
$109,035
$423,886
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $109,035 $423,886 $58,313 $1,187
2024 $105,963 $416,132 $55,963 $1,139

About 12040 SW 188 TER, South Miami Heights, FL 33177

12040 SW 188 TER, South Miami Heights, FL 33177 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1957 with 1,368 square feet of living space on a 7,725 square foot lot. The property is currently owned by JOSE A GARCIA & MICHELE MOLEON, 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 2001-06-01 for $102,500. The property has appreciated $20,500 (25%) since the prior sale of $82,000 on 1999-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $109,035 with a market value of $423,886. This breaks down to $251,212 for the land and $172,674 for the building. The assessed value increased 3% from $105,963 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $63,295, and the median home value is $352,900. The population density is 7,865 people per square mile.

12040 SW 188 TER, South Miami Heights, FL 33177 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 2001, with 3 recorded transactions in the public record.

The current assessed value represents 106% of the most recent sale price. Based on the most recent sale, this property traded at $75 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C1993330543 electrical expired
C1993286216 building expired $34,000

Current Owner

JOSE A GARCIA & MICHELE MOLEON
12040 SW 188 TERR, MIAMI, FL, 33177-3245
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$63,295
Median Home Value$352,900
Pop. Density7,865/sq mi

Neighborhood 12040

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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