198 TER, SW, FL 33332
Parcel: 503935080260 · 01 · Zoning:
Assessed Value (2026)
$4,204,790
Property Details
Year Built
2018
Lot Sqft
105,954
Sales History
1
$25,000
2013-10-16
2
$305,000+1120%
2014-01-10
3
$4,500,000+1375%
2022-10-25
4
$4,500,000
2022-11-07
Tax Assessment History
$4,204,790
Assessed (2026)
$4,979,340
Market Value
$4,154,790
Taxable Value
$84,588
Annual Tax
2025
$7,082,403
$0
2026
$4,204,790
$4,979,340
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $4,204,790 | $4,979,340 | $4,154,790 | $84,588 | $529,770 | $4,449,570 |
| 2025 | $7,082,403 | $ | $4,032,330 | $82,095 | $529,770 | $3,552,560 |
About 198 TER, SW, FL 33332
198 TER, SW, FL 33332 is a property built in 2018 on a 105,954 square foot lot. The property is currently owned by GONZALEZ,ADELA, 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 2022-11-07 for $4,500,000. There are 4 recorded sales for this property. The 2026 assessed value is $4,204,790 with a market value of $4,979,340.
This breaks down to $529,770 for the land and $4,449,570 for the building. The assessed value decreased 41% from $7,082,403 in 2025. There are active mortgage liens totaling $2,400,175 recorded against this property.
198 TER, SW, FL 33332 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 2013 to 2022, with 4 recorded transactions in the public record.
The current assessed value represents 93% of the most recent sale price..
Current Owner
GONZALEZ,ADELA
5600 SW 198 TER, SOUTHWEST RANCHES, FL, 33332
Since: 2026-03-30
View owner profile →
Est. Annual Insurance
$24,367 — $40,745
Flood $400 — $800
Property/Wind $23,967 — $39,945
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
Mortgages
ACTIVE
$2,500,000
SUN WEST MORTGAGE COMPANY INC · 2022-11-07
Est. Total Balance $2,400,175
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.