12761 SW 203 TER, South Miami Heights, FL 33177

Parcel: 3069110140040 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$182,595

Property Details

Beds
4
Baths
3
Living Sqft
2,272
Year Built
2005
Lot Sqft
7,500
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$5,100,000
2002-07-01
2
$248,390-95%
2005-03-01
3
$407,000+64%
2006-11-01

Tax Assessment History

$182,595
Assessed (2025)
$555,481
Market Value
$131,873
Taxable Value
$2,685
Annual Tax
2024
$177,449
$547,507
2025
$182,595
$555,481
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $182,595 $555,481 $131,873 $2,685
2024 $177,449 $547,507 $127,449 $2,595

About 12761 SW 203 TER, South Miami Heights, FL 33177

12761 SW 203 TER, South Miami Heights, FL 33177 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 2005 with 2,272 square feet of living space on a 7,500 square foot lot. The property is currently owned by RICHARD O RUTGERSON &W ALLA, 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 2006-11-01 for $407,000. The property has appreciated $158,610 (64%) since the prior sale of $248,390 on 2005-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $182,595 with a market value of $555,481. This breaks down to $217,500 for the land and $337,981 for the building. The assessed value increased 3% from $177,449 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $74,879, and the median home value is $381,900. The population density is 10,321 people per square mile.

12761 SW 203 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 2002 to 2006, with 3 recorded transactions in the public record.

The current assessed value represents 45% 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 $179 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Current Owner

RICHARD O RUTGERSON &W ALLA
12761 SW 203 TERR, MIAMI, FL, 33177-5109
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$74,879
Median Home Value$381,900
Pop. Density10,321/sq mi

Neighborhood 12761

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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