12424 SW 263 TER, Homestead, FL 33032

12424 SW 263 TER, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,207 square feet of living space on a 7,800 square foot lot. The property is currently owned by ROMEO SIMPSON EST OF, 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 1988-10-01 for $65,500. The property has appreciated $29,700 (83%) since the prior sale of $35,800 on 1974-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $311,467 with a market value of $357,909. This breaks down to $214,200 for the land and $143,709 for the building. The assessed value increased 10% from $283,152 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 $57,816, and the median home value is $336,000.

The population density is 6,257 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.

12424 SW 263 TER, Homestead, FL 33032 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1974 to 1988, with 3 recorded transactions in the public record.

The current assessed value represents 476% 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 $54 per square foot — a key metric for comparing value across Homestead's real estate market..