12892 SW 198 TER, South Miami Heights, FL 33177

Parcel: 3069020251420 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$269,044

Property Details

Beds
4
Baths
4.5
Living Sqft
3,645
Year Built
2006
Lot Sqft
12,806
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$401,990
2006-08-01

Tax Assessment History

$269,044
Assessed (2025)
$770,953
Market Value
$218,322
Taxable Value
$4,445
Annual Tax
2024
$261,462
$777,223
2025
$269,044
$770,953
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $269,044 $770,953 $218,322 $4,445
2024 $261,462 $777,223 $211,462 $4,305

About 12892 SW 198 TER, South Miami Heights, FL 33177

12892 SW 198 TER, South Miami Heights, FL 33177 is a 4-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2006 with 3,645 square feet of living space on a 12,806 square foot lot. The property is currently owned by MARTHA L VALENCIA, 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 2006-08-01 for $401,990. The 2025 assessed value is $269,044 with a market value of $770,953. This breaks down to $256,120 for the land and $514,833 for the building.

The assessed value increased 3% from $261,462 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $140,000, and the median home value is $397,700.

The population density is 3,602 people per square mile. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

12892 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 current assessed value represents 67% 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 $110 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Code Violations 1 open

20260247431 open
2026-04-22

Distress Signals

  • 1 open code violation

Current Owner

MARTHA L VALENCIA
12892 SW 198 TERR, MIAMI, FL, 33177
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,014 — $3,800
Flood $400 — $800
Property/Wind $1,614 — $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$140,000
Median Home Value$397,700
Pop. Density3,602/sq mi

Neighborhood 12892

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →
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