12315 SW 261 TER, Homestead, FL 33032

12315 SW 261 TER, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 1,620 square feet of living space on a 7,500 square foot lot. The property is currently owned by JOSE ALVAREZ, 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 2012-03-06 for $70,000, when SILVERIA GARCIA sold to JOSE ALVAREZ. The property has appreciated $69,900 (69900%) since the prior sale of $100 on 2011-04-27. There are 3 recorded sales for this property.

The 2025 assessed value is $229,997 with a market value of $366,260. This breaks down to $210,000 for the land and $156,260 for the building. The assessed value increased 10% from $209,089 in 2024.

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. 12315 SW 261 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 2007 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 329% 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 $43 per square foot — a key metric for comparing value across Homestead's real estate market..