12991 SW 248 TER, Homestead, FL 33032

12991 SW 248 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1999 with 1,322 square feet of living space on a 9,494 square foot lot. The property is currently owned by JULIO E MOLINA OLGA E MOLINA, 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 2025-10-20 for $69,200. There are 5 recorded sales for this property. The 2025 assessed value is $93,972 with a market value of $446,336.

This breaks down to $265,886 for the land and $180,450 for the building. The assessed value increased 3% from $91,324 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 $74,842, and the median home value is $308,700.

The population density is 9,037 people per square mile. There are active mortgage liens totaling $316,865 recorded against this property. 12991 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 2006 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 136% 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 $52 per square foot — a key metric for comparing value across Homestead's real estate market..