12781 SW 248 TER, Homestead, FL 33032

12781 SW 248 TER, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1994 with 1,532 square feet of living space on a 5,000 square foot lot. The property is currently owned by JOEL VEGA YANELIS NUNEZ, 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 2015-04-27 for $163,000, when SANDRA FELICIANO sold to JOEL VEGA. The property has appreciated $162,900 (162900%) since the prior sale of $100 on 2013-08-26. There are 3 recorded sales for this property.

The 2025 assessed value is $211,561 with a market value of $434,013. This breaks down to $180,502 for the land and $253,511 for the building. The assessed value increased 3% from $205,599 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. 12781 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 1994 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 130% 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 $106 per square foot — a key metric for comparing value across Homestead's real estate market..