12304 SW 254 TER, Homestead, FL 33032

12304 SW 254 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2005 with 1,692 square feet of living space on a 9,500 square foot lot. The property is currently owned by MIGUEL BARREDA &W YESSICA, 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 2006-01-01 for $274,900. The property has appreciated $232,600 (550%) since the prior sale of $42,300 on 1978-10-01. The 2025 assessed value is $92,660 with a market value of $440,071.

This breaks down to $238,000 for the land and $202,071 for the building. The assessed value increased 3% from $90,049 in 2024. The property has the following tax exemptions: homestead.

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. There are active mortgage liens totaling $66,701 recorded against this property.

12304 SW 254 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 1978 to 2006, with 2 recorded transactions in the public record.

The current assessed value represents 34% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $162 per square foot — a key metric for comparing value across Homestead's real estate market..