12550 SW 248 TER, Homestead, FL 33032

12550 SW 248 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1984 with 1,323 square feet of living space on a 5,100 square foot lot. The property is currently owned by GUSTAVO MONTEAGUDO, 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 2021-11-10 for $370,000, when JAVIER ERASIO CARPIO sold to GUSTAVO MONTEAGUDO. The property has appreciated $160,000 (76%) since the prior sale of $210,000 on 2017-05-30. There are 3 recorded sales for this property.

The 2025 assessed value is $335,640 with a market value of $335,640. This breaks down to $172,900 for the land and $162,740 for the building. The assessed value decreased 1% from $337,670 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. There are active mortgage liens totaling $344,179 recorded against this property.

12550 SW 248 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 2010 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 91% of the most recent sale price. Based on the most recent sale, this property traded at $280 per square foot — a key metric for comparing value across Homestead's real estate market..