12040 SW 214 TER, South Miami Heights, FL 33177

Parcel: 3069120081350 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$400,897

Property Details

Beds
4
Baths
2
Living Sqft
2,400
Year Built
2011
Lot Sqft
8,025
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$199,600
2017-05-18
MARY MCCROW SERGIO SANTIBANEZ
2
$250,000+25%
2017-08-11
SERGIO SANTIBANEZ12040 LLC
3
$325,000+30%
2018-07-27
12040 LLCCARLOS F MENENDEZ

Tax Assessment History

$400,897
Assessed (2025)
$589,976
Market Value
$400,897
Taxable Value
$8,162
Annual Tax
2024
$364,452
$514,083
2025
$400,897
$589,976
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $400,897 $589,976 $400,897 $8,162
2024 $364,452 $514,083 $364,452 $7,420

About 12040 SW 214 TER, South Miami Heights, FL 33177

12040 SW 214 TER, South Miami Heights, FL 33177 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 2011 with 2,400 square feet of living space on a 8,025 square foot lot. The property is currently owned by CARLOS F MENENDEZ, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-07-27 for $325,000, when 12040 LLC sold to CARLOS F MENENDEZ. The property has appreciated $75,000 (30%) since the prior sale of $250,000 on 2017-08-11. There are 3 recorded sales for this property.

The 2025 assessed value is $400,897 with a market value of $589,976. This breaks down to $232,875 for the land and $357,101 for the building. The assessed value increased 10% from $364,452 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $44,021, and the median home value is $345,900.

The population density is 8,399 people per square mile. This property currently has 2 open code violations on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

12040 SW 214 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 2017 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 123% 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 $135 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Code Violations 2 open

A2013004176 open
2013-08-11
A2009004219 open
2009-07-11

Distress Signals

  • 2 open code violations

Current Owner

CARLOS F MENENDEZ
14521 SW 137 CT, MIAMI, FL, 33186
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,805 — $4,808
Flood $400 — $800
Property/Wind $2,405 — $4,008

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$44,021
Median Home Value$345,900
Pop. Density8,399/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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