12744 SW 261 TER, Homestead, FL 33032

12744 SW 261 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1975 with 1,438 square feet of living space on a 10,014 square foot lot. The property is currently owned by MARIO CESAR HERNANDEZ CHAVEZ BELKYS MONTES CHIU, 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 2025-06-10 for $600,000. There are 4 recorded sales for this property. The 2025 assessed value is $265,675 with a market value of $415,894.

This breaks down to $245,196 for the land and $170,698 for the building. The assessed value increased 3% from $258,188 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 $583,147 recorded against this property. 12744 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 2018 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 44% 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 $417 per square foot — a key metric for comparing value across Homestead's real estate market..