12948 SW 265 TER, Homestead, FL 33032

Parcel: 3069350020523 · Residential - Single Family · Residential W/ Additional Quarters · Zoning: 0100

Assessed Value (2025)
$575,203

Property Details

Beds
5
Baths
3.5
Living Sqft
2,980
Year Built
2023
Lot Sqft
5,461
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL W/ ADDITIONAL QUARTERS

Sales History

1
$85,000
2003-08-01
2
$3,315,000+3800%
2023-05-24
ZAMORA CORPD R HORTON INC
3
$722,000-78%
2024-04-12
D R HORTON INCULISES FRIAS SANCHEZ
4
$721,990-0%
2024-04-17

Tax Assessment History

$575,203
Assessed (2025)
$575,203
Market Value
$575,203
Taxable Value
$11,711
Annual Tax
2024
$605,811
2025
$575,203
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $575,203 $575,203 $575,203 $11,711
2024 $605,811 $605,811 $605,811 $12,334

About 12948 SW 265 TER, Homestead, FL 33032

12948 SW 265 TER, Homestead, FL 33032 is a 5-bedroom, 3.5-bathroom residential - single family : residential w/ additional quarters built in 2023 with 2,980 square feet of living space on a 5,461 square foot lot. The property is currently owned by ULISES FRIAS SANCHEZ, 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 2024-04-17 for $721,990. The property sold for $10 less than the prior sale of $722,000 on 2024-04-12. There are 4 recorded sales for this property.

The 2025 assessed value is $575,203 with a market value of $575,203. This breaks down to $152,908 for the land and $422,295 for the building. The assessed value decreased 5% from $605,811 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 $57,816, and the median home value is $336,000.

The population density is 6,257 people per square mile. There are active mortgage liens totaling $599,706 recorded against this property. 12948 SW 265 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 2024, with 4 recorded transactions in the public record. The current assessed value represents 80% of the most recent sale price.

There are 2 active building permits on this property with a combined estimated cost of $15,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $242 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (14)

Permit #TypeStatusCost
C2025141546 plumbing F
C2025141555 electrical F
C2025141559 mechanical A
C2025055765 building A $15,000
C2025032500 electrical F
C2024147733 building F $19,450
C2024018814 plumbing F
C2023182604 building F
W2023177152 mechanical F
W2023168589 building F
W2023151488 plumbing F
W2023149437 electrical F
W2023149431 electrical F
C2023036610 building F $989,547

Current Owner

ULISES FRIAS SANCHEZ
12948 SW 265 TER, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,851 — $6,552
Flood $400 — $800
Property/Wind $3,451 — $5,752

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$57,816
Median Home Value$336,000
Pop. Density6,257/sq mi

Neighborhood 12948

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
14
View full risk analysis →

Mortgages

ACTIVE
$613,692
~$599,706 bal.
DHI MORTGAGE COMPANY LTD · 2024-04-17
Est. Total Balance $599,706
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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