12291 SW 198 TER, South Miami Heights, FL 33177

12291 SW 198 TER, South Miami Heights, FL 33177 is a 3-bedroom, 1-bathroom residential - total value : townhouse built in 1985 with 960 square feet of living space on a 3,750 square foot lot. The property is currently owned by FRANCISCO R MADRIZ & YAMILET A CABALLERO, 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 2003-03-01 for $87,000. The property has appreciated $19,000 (28%) since the prior sale of $68,000 on 2001-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $49,382 with a market value of $292,000. The assessed value increased 3% from $47,991 in 2024. The property has the following tax exemptions: homestead.

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. 12291 SW 198 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 1997 to 2003, with 3 recorded transactions in the public record. The current assessed value represents 57% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $91 per square foot — a key metric for comparing value across South Miami Heights's real estate market..