12705 SW 261 TER, Homestead, FL 33032

Parcel: 3069260040410 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$424,591

Property Details

Beds
3
Baths
2
Living Sqft
1,541
Year Built
1975
Lot Sqft
7,544
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/A
2023-04-12
2
$285,000
2024-03-26
DERWOOD TILDEN RUDASILL LEDYLAN SASSON
3
$385,000+35%
2024-04-09
DYLAN SASSONJOSE RAUL GONZALEZ
4
$385,000
2024-04-12
5
$570,000+48%
2024-08-19
JOSE RAUL GONZALEZMISAEL CARBALLO VAZQUEZ
6
$570,000
2024-08-21

Tax Assessment History

$424,591
Assessed (2025)
$424,591
Market Value
$373,869
Taxable Value
$7,612
Annual Tax
2024
$166,159
$359,207
2025
$424,591
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $424,591 $424,591 $373,869 $7,612
2024 $166,159 $359,207 $166,159 $3,383

About 12705 SW 261 TER, Homestead, FL 33032

12705 SW 261 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1975 with 1,541 square feet of living space on a 7,544 square foot lot. The property is currently owned by MISAEL CARBALLO VAZQUEZ RIGER ANTONIO ALMANZA RAMIREZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-08-21 for $570,000. There are 6 recorded sales for this property. The 2025 assessed value is $424,591 with a market value of $424,591.

This breaks down to $210,616 for the land and $213,975 for the building. The assessed value increased 156% from $166,159 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 $57,816, and the median home value is $336,000.

The population density is 6,257 people per square mile. There are active mortgage liens totaling $549,010 recorded against this property. 12705 SW 261 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 2023 to 2024, with 6 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price.

Based on the most recent sale, this property traded at $370 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2024127566 electrical F
C2024121321 building F
C2024093174 building F $15,000

Current Owner

MISAEL CARBALLO VAZQUEZ RIGER ANTONIO ALMANZA RAMIREZ
12705 SW 261 TER, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,645 — $8,442
Flood $400 — $800
Property/Wind $4,245 — $7,642

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$57,816
Median Home Value$336,000
Pop. Density6,257/sq mi

Neighborhood 12705

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$559,675
~$549,010 bal.
UNITED WHOLESALE MORTGAGE LLC · 2024-08-21
1 satisfied mortgage
SATISFIED 2024-08-21
$27,984
FLORIDA HOUSING FINANCE CORP
Est. Total Balance $549,010
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales