12460 SW 255 TER, Homestead, FL 33032

Parcel: 3069250020970 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$126,242

Property Details

Beds
3
Baths
2
Living Sqft
1,625
Year Built
1975
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$75,215
2011-10-21
ANGLIA INVESTMENTS LLCMARIDUBI INVESTMENTS LLC
2
$80,000+6%
2013-05-01
MARIDUBI INVESTMENTS LLCKETLY MICHEL

Tax Assessment History

$126,242
Assessed (2025)
$345,511
Market Value
$75,520
Taxable Value
$1,538
Annual Tax
2024
$122,685
$346,624
2025
$126,242
$345,511
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $126,242 $345,511 $75,520 $1,538
2024 $122,685 $346,624 $72,685 $1,480

About 12460 SW 255 TER, Homestead, FL 33032

12460 SW 255 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1975 with 1,625 square feet of living space on a 7,500 square foot lot. The property is currently owned by KETLY MICHEL, 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 2013-05-01 for $80,000, when MARIDUBI INVESTMENTS LLC sold to KETLY MICHEL. The property has appreciated $4,785 (6%) since the prior sale of $75,215 on 2011-10-21. The 2025 assessed value is $126,242 with a market value of $345,511.

This breaks down to $210,000 for the land and $135,511 for the building. The assessed value increased 3% from $122,685 in 2024. The property has the following tax exemptions: homestead.

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 $74,842, and the median home value is $308,700.

The population density is 9,037 people per square mile. 12460 SW 255 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 2011 to 2013, with 2 recorded transactions in the public record. The current assessed value represents 158% 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 $49 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1992145550 building expired $3,450

Current Owner

KETLY MICHEL
12460 SW 255 TER, HOMESTEAD, FL, 33032
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

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$74,842
Median Home Value$308,700
Pop. Density9,037/sq mi

Neighborhood 12460

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →
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