198 TER, SW, FL 333321015
Parcel: 503935080110 · 01 · Zoning:
Assessed Value (2026)
$2,042,810
Property Details
Year Built
2013
Lot Sqft
114,731
Sales History
1
$100non-market transfer
2002-07-22
2
$885,000
2006-02-02
3
$2,125,000+140%
2020-10-14
Tax Assessment History
$2,042,810
Assessed (2026)
$4,433,400
Market Value
$1,992,810
Taxable Value
$40,572
Annual Tax
2025
$3,539,735
$0
2026
$2,042,810
$4,433,400
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $2,042,810 | $4,433,400 | $1,992,810 | $40,572 | $573,660 | $3,859,740 |
| 2025 | $3,539,735 | $ | $1,933,320 | $39,361 | $573,660 | $2,968,380 |
About 198 TER, SW, FL 333321015
198 TER, SW, FL 333321015 is a property built in 2013 on a 114,731 square foot lot. The property is currently owned by KHIMANI,SULEMAN & ZAREEN, 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 2020-10-14 for $2,125,000. The property has appreciated $1,240,000 (140%) since the prior sale of $885,000 on 2006-02-02. There are 3 recorded sales for this property.
The 2026 assessed value is $2,042,810 with a market value of $4,433,400. This breaks down to $573,660 for the land and $3,859,740 for the building. The assessed value decreased 42% from $3,539,735 in 2025.
198 TER, SW, FL 333321015 is located in SW, Florida. Property records, tax assessments, sales history, and ownership information for this SW property are sourced from broward County public records. The complete ownership history of this property spans from 2002 to 2020, with 3 recorded transactions in the public record.
The current assessed value represents 96% of the most recent sale price..
Current Owner
KHIMANI,SULEMAN & ZAREEN
5100 SW 198 TER, SOUTHWEST RANCHES, FL, 33332
Since: 2026-03-30
View owner profile →
Est. Annual Insurance
$12,044 — $20,206
Flood $400 — $800
Property/Wind $11,644 — $19,406
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 33332
87.2%
Owner-Occ
12.8%
Investor
45
Flips (4yr)
1,200
New Biz (3yr)
Distress Risk
ELEVATED
51