12341 SW 188 TER, South Miami Heights, FL 33177

12341 SW 188 TER, South Miami Heights, FL 33177 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1958 with 1,188 square feet of living space on a 7,575 square foot lot. The property is currently owned by GANGARAM BUDHRAM &W KEALOUTIE, 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 1988-05-01 for $52,900. The 2025 assessed value is $222,813 with a market value of $377,627. This breaks down to $249,975 for the land and $127,652 for the building.

The assessed value increased 10% from $202,558 in 2024. The median household income in this area is $66,323, and the median home value is $369,300. The population density is 8,328 people per square mile.

12341 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 current assessed value represents 421% 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 $45 per square foot — a key metric for comparing value across South Miami Heights's real estate market..