12520 SW 248 TER, Homestead, FL 33032

12520 SW 248 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 2000 with 1,416 square feet of living space on a 5,100 square foot lot. The property is currently owned by RALEIGH J CHOICE &W MARIBEL, 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 2000-11-01 for $85,900. There are 3 recorded sales for this property. The 2025 assessed value is $231,345 with a market value of $337,358.

This breaks down to $172,900 for the land and $164,458 for the building. The assessed value increased 10% from $210,314 in 2024. 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.

12520 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 1996 to 2000, with 3 recorded transactions in the public record.

The current assessed value represents 269% 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 $61 per square foot — a key metric for comparing value across Homestead's real estate market..