120 TER, MM, FL 33025

Parcel: 514025AJ0120 · 04 · Zoning:

Assessed Value (2026)
$254,560

Property Details

Year Built
2009
Lot Sqft
787

Sales History

1
$100non-market transfer
2009-03-24
2
$225,000
2015-08-25
3
$418,000+86%
2025-07-01

Tax Assessment History

$254,560
Assessed (2026)
$350,620
Market Value
$204,560
Taxable Value
$4,165
Annual Tax
2025
$477,220
$0
2026
$254,560
$350,620
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $254,560 $350,620 $204,560 $4,165
2025 $477,220 $ $197,150 $4,014

About 120 TER, MM, FL 33025

120 TER, MM, FL 33025 is a property built in 2009 on a 787 square foot lot. The property is currently owned by VELIZ,SONIA, 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 2025-07-01 for $418,000. The property has appreciated $193,000 (86%) since the prior sale of $225,000 on 2015-08-25. There are 3 recorded sales for this property.

The 2026 assessed value is $254,560 with a market value of $350,620. This breaks down to $35,060 for the land and $315,560 for the building. The assessed value decreased 47% from $477,220 in 2025.

There are active mortgage liens totaling $401,695 recorded against this property. 120 TER, MM, FL 33025 is located in MM, Florida. Property records, tax assessments, sales history, and ownership information for this MM property are sourced from broward County public records.

The complete ownership history of this property spans from 2009 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 61% 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

VELIZ,SONIA
2611 SW 120 TER #202, MIRAMAR, FL, 33025
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 33025

46.8%
Owner-Occ
53.2%
Investor
154
Flips (4yr)
6,669
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Mortgages

ACTIVE
$405,460
~$401,695 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-07-01
Est. Total Balance $401,695
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.