12 TER, OP, FL 33334

Parcel: 494223000100 · 48 · Zoning:

Assessed Value (2026)
$3,880,360

Property Details

Year Built
1980
Lot Sqft
79,977

Sales History

1
$546,429
1985-04-01
2
$3,050,000+458%
2005-12-20
3
$1,895,000-38%
2009-12-17

Tax Assessment History

$3,880,360
Assessed (2026)
$4,675,450
Market Value
$3,880,360
Taxable Value
$79,001
Annual Tax
2025
$8,068,843
$0
2026
$3,880,360
$4,675,450
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $3,880,360 $4,675,450 $3,880,360 $79,001
2025 $8,068,843 $ $3,527,600 $71,819

About 12 TER, OP, FL 33334

12 TER, OP, FL 33334 is a property built in 1980 on a 79,977 square foot lot. The property is currently owned by TWELVE TERRACE INC, recorded as of 2026-03-30. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2009-12-17 for $1,895,000. The property sold for $1,155,000 less than the prior sale of $3,050,000 on 2005-12-20. There are 3 recorded sales for this property.

The 2026 assessed value is $3,880,360 with a market value of $4,675,450. This breaks down to $959,720 for the land and $3,715,730 for the building. The assessed value decreased 52% from $8,068,843 in 2025.

There are active mortgage liens totaling $9,868,456 recorded against this property. 12 TER, OP, FL 33334 is located in OP, Florida. Property records, tax assessments, sales history, and ownership information for this OP property are sourced from broward County public records.

The complete ownership history of this property spans from 1985 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 205% 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..

Current Owner

TWELVE TERRACE INC
4201 NE 12 TER, OAKLAND PARK, FL, 33334
Since: 2026-03-30
View owner profile →
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Find registered agent and officers for this entity

Est. Annual Insurance

$37,263 — $67,154
Flood $400 — $800
Property/Wind $36,863 — $66,354

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 33334

56.6%
Owner-Occ
43.4%
Investor
288
Flips (4yr)
4,789
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Mortgages

ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE
$1,000,000
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE
$1,000,000
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE 4.54% rate
$1,000,000
~$858,557 bal.
~$5,090/mo est. payment
BANK OF AMERICA · 2018-10-12
ACTIVE
$1,000,000
IRONSTONE BANK · 2009-12-18
Est. Total Balance $9,868,456
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.