12834 SW 263 TER, Homestead, FL 33032

12834 SW 263 TER, Homestead, FL 33032 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1975 with 1,342 square feet of living space on a 7,528 square foot lot. The property is currently owned by HAROLD D POONEN & NALINI POONEN, 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 1990-12-01 for $58,500. The property has appreciated $29,500 (102%) since the prior sale of $29,000 on 1976-12-01. The 2025 assessed value is $73,545 with a market value of $352,995.

This breaks down to $210,392 for the land and $142,603 for the building. The assessed value increased 3% from $71,473 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. 12834 SW 263 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 1976 to 1990, with 2 recorded transactions in the public record. The current assessed value represents 126% 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 $44 per square foot — a key metric for comparing value across Homestead's real estate market..