12224 SW 261 TER, Homestead, FL 33032

12224 SW 261 TER, Homestead, FL 33032 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1979 with 2,024 square feet of living space on a 7,500 square foot lot. The property is currently owned by THOMAS SAYERS SANDRA SAYERS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-04-12 for $230,000, when THOMAS F SAYERS &W DIANA L sold to THOMAS SAYERS. The property has appreciated $191,200 (493%) since the prior sale of $38,800 on 1979-06-01. The 2025 assessed value is $301,354 with a market value of $438,969.

This breaks down to $210,000 for the land and $228,969 for the building. The assessed value increased 3% from $292,862 in 2024. The property has the following tax exemptions: homestead.

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. 12224 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 1979 to 2019, with 2 recorded transactions in the public record. The current assessed value represents 131% 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 $114 per square foot — a key metric for comparing value across Homestead's real estate market..