12118 SW 248 TER, Homestead, FL 33032
Parcel: 3069250121040 · Residential - Single Family · 1 Unit · Zoning: 0101
Assessed Value (2025)
$168,989
Property Details
Beds
4
Baths
2.5
Living Sqft
2,110
Year Built
2001
Lot Sqft
6,052
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/Anon-market transfer
1999-07-01
2
$129,900
2001-07-01
3
$100non-market transfer
2019-03-07
KEVIN A STEWART & NARCELA MORALES → MARCELA MORALES
Tax Assessment History
$168,989
Assessed (2025)
$465,497
Market Value
$118,267
Taxable Value
$2,408
Annual Tax
2024
$164,227
$466,663
2025
$168,989
$465,497
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $168,989 | $465,497 | $118,267 | $2,408 | $164,784 | $300,713 |
| 2024 | $164,227 | $466,663 | $114,227 | $2,326 | $162,126 | $304,537 |
About 12118 SW 248 TER, Homestead, FL 33032
12118 SW 248 TER, Homestead, FL 33032 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2001 with 2,110 square feet of living space on a 6,052 square foot lot. The property is currently owned by MARCELA MORALES, 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 2019-03-07 for $100, when KEVIN A STEWART & NARCELA MORALES sold to MARCELA MORALES. The property sold for $129,800 less than the prior sale of $129,900 on 2001-07-01. There are 3 recorded sales for this property.
The 2025 assessed value is $168,989 with a market value of $465,497. This breaks down to $164,784 for the land and $300,713 for the building. The assessed value increased 3% from $164,227 in 2024.
The property has the following tax exemptions: homestead. The median household income in this area is $84,352, and the median home value is $415,800. The population density is 11,082 people per square mile.
12118 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 1999 to 2019, with 3 recorded transactions in the public record..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023162509 | building | F | $2,400 |
Current Owner
MARCELA MORALES
12118 SW 248 TER, HOMESTEAD, FL, 33032
Since: 2026-03-29
View owner profile →
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$84,352
Median Home Value$415,800
Pop. Density11,082/sq mi
Neighborhood 12118
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
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