198 TER, SW, FL 33332
Parcel: 503935080360 · 01 · Zoning:
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $1,638,330 | $1,638,330 | $1,638,330 | $33,355 | $477,540 | $1,160,790 |
| 2025 | $1,221,475 | $ | $568,610 | $11,576 | $477,540 | $967,120 |
About 198 TER, SW, FL 33332
198 TER, SW, FL 33332 is a property built in 1993 on a 119,386 square foot lot. The property is currently owned by BORGES,ARACELY, 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 2024-07-19 for $2,395,000. There are 5 recorded sales for this property. The 2026 assessed value is $1,638,330 with a market value of $1,638,330.
This breaks down to $477,540 for the land and $1,160,790 for the building. The assessed value increased 34% from $1,221,475 in 2025. The property has the following tax exemptions: homestead.
There are active mortgage liens totaling $1,960,038 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 2023 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 68% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
Est. Annual Insurance
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.