198 TER, SW, FL 333321525

Parcel: 503935080170 · 01 · Zoning:

Assessed Value (2026)
$677,490

Property Details

Year Built
1993
Lot Sqft
95,466

Sales History

1
$25,357
1987-04-01
2
$54,214+114%
1990-06-01
3
$530,000+878%
2000-06-30

Tax Assessment History

$677,490
Assessed (2026)
$1,265,200
Market Value
$627,490
Taxable Value
$12,775
Annual Tax
2025
$1,378,774
$0
2026
$677,490
$1,265,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $677,490 $1,265,200 $627,490 $12,775
2025 $1,378,774 $ $603,410 $12,285

About 198 TER, SW, FL 333321525

198 TER, SW, FL 333321525 is a property built in 1993 on a 95,466 square foot lot. The property is currently owned by PARETS,OMAR & PARETS,JANICE, recorded as of 2026-04-26. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2000-06-30 for $530,000. The property has appreciated $475,786 (878%) since the prior sale of $54,214 on 1990-06-01. There are 3 recorded sales for this property.

The 2026 assessed value is $677,490 with a market value of $1,265,200. This breaks down to $381,860 for the land and $883,340 for the building. The assessed value decreased 51% from $1,378,774 in 2025.

198 TER, SW, FL 333321525 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 1987 to 2000, with 3 recorded transactions in the public record.

The current assessed value represents 128% 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

PARETS,OMAR & PARETS,JANICE
5211 SW 198 TER, SOUTHWEST RANCHES, FL, 33332
Since: 2026-04-26
View owner profile →

Est. Annual Insurance

$6,836 — $12,385
Flood $400 — $800
Property/Wind $6,436 — $11,585

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
View full risk analysis →