13494 SW 263 TER, Homestead, FL 33032

13494 SW 263 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 2005 with 1,666 square feet of living space on a 6,000 square foot lot. The property is currently owned by ISAAC PALMA, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2005-07-01 for $197,360. The property sold for $3,564,640 less than the prior sale of $3,762,000 on 2003-07-01. The 2025 assessed value is $418,149 with a market value of $418,149.

This breaks down to $180,000 for the land and $238,149 for the building. The assessed value increased 283% from $109,156 in 2024. 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 $57,360, and the median home value is $341,100. The population density is 6,966 people per square mile.

13494 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 2003 to 2005, with 2 recorded transactions in the public record.

The current assessed value represents 212% 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 $118 per square foot — a key metric for comparing value across Homestead's real estate market..