15611 SW 298 TER, Homestead, FL 33033

Parcel: 3079090080060 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$81,038

Property Details

Beds
3
Baths
2
Living Sqft
1,550
Year Built
1965
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$25,500
1971-10-01
2
$30,000+18%
1974-03-01
3
$64,900+116%
1989-05-01

Tax Assessment History

$81,038
Assessed (2025)
$359,668
Market Value
$30,316
Taxable Value
$617
Annual Tax
2024
$78,755
$344,258
2025
$81,038
$359,668
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $81,038 $359,668 $30,316 $617
2024 $78,755 $344,258 $28,755 $585

About 15611 SW 298 TER, Homestead, FL 33033

15611 SW 298 TER, Homestead, FL 33033 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1965 with 1,550 square feet of living space on a 7,500 square foot lot. The property is currently owned by FERNANDO COLON, 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 1989-05-01 for $64,900. The property has appreciated $34,900 (116%) since the prior sale of $30,000 on 1974-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $81,038 with a market value of $359,668. This breaks down to $187,500 for the land and $172,168 for the building. The assessed value increased 3% from $78,755 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 $74,072, and the median home value is $353,500. The population density is 6,511 people per square mile. There are active mortgage liens totaling $89,553 recorded against this property.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 15611 SW 298 TER, Homestead, FL 33033 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 1971 to 1989, with 3 recorded transactions in the public record. The current assessed value represents 125% 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 $42 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2025081996 building F $15,904
K1993159779 building expired $4,000

Code Violations 1 open

A2022001296 open
2022-01-11

Distress Signals

  • 1 open code violation

Current Owner

FERNANDO COLON
15611 SW 298 TERR, HOMESTEAD, FL, 33033-3553
Since: 2026-04-19
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$74,072
Median Home Value$353,500
Pop. Density6,511/sq mi

Neighborhood 15611

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$90,000
~$89,553 bal.
NEW DAY FINANCIAL LLC · 2025-12-22
Est. Total Balance $89,553
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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