12881 SW 248 TER, Homestead, FL 33032

Parcel: 3069260160060 · Residential - Single Family · 1 Unit · Zoning: 3050

Assessed Value (2025)
$97,242

Property Details

Beds
4
Baths
2
Living Sqft
1,498
Year Built
1994
Lot Sqft
5,001
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1998-05-01
2
N/Anon-market transfer
1998-07-01
3
$82,000
1998-12-01

Tax Assessment History

$97,242
Assessed (2025)
$370,183
Market Value
$46,520
Taxable Value
$947
Annual Tax
2024
$94,502
$372,891
2025
$97,242
$370,183
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $97,242 $370,183 $46,520 $947
2024 $94,502 $372,891 $44,502 $906

About 12881 SW 248 TER, Homestead, FL 33032

12881 SW 248 TER, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1994 with 1,498 square feet of living space on a 5,001 square foot lot. The property is currently owned by MARTHA & LUIS E RIVERO, 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 1998-12-01 for $82,000. There are 3 recorded sales for this property. The 2025 assessed value is $97,242 with a market value of $370,183.

This breaks down to $180,503 for the land and $189,680 for the building. The assessed value increased 3% from $94,502 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. 12881 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 1998 to 1998, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $55 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

MARTHA & LUIS E RIVERO
12881 SW 248 TERR, MIAMI, FL, 33032-9084
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

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$74,842
Median Home Value$308,700
Pop. Density9,037/sq mi

Neighborhood 12881

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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