LAKE TER, MM, FL 33023
Parcel: 514126141130 · 01 · Zoning:
Assessed Value (2026)
$140,450
Property Details
Year Built
1987
Lot Sqft
5,994
Sales History
1
$110,000
2000-07-06
2
$100non-market transfer
2005-07-26
3
$100non-market transfer
2021-03-19
Tax Assessment History
$140,450
Assessed (2026)
$431,400
Market Value
$90,450
Taxable Value
$1,841
Annual Tax
2025
$250,945
$0
2026
$140,450
$431,400
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $140,450 | $431,400 | $90,450 | $1,841 | $41,960 | $389,440 |
| 2025 | $250,945 | $ | $86,360 | $1,758 | $41,960 | $347,750 |
About LAKE TER, MM, FL 33023
LAKE TER, MM, FL 33023 is a property built in 1987 on a 5,994 square foot lot. The property is currently owned by HOFFMAN,SHIRMA & JERIOD J, 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 2021-03-19 for $100. There are 3 recorded sales for this property. The 2026 assessed value is $140,450 with a market value of $431,400.
This breaks down to $41,960 for the land and $389,440 for the building. The assessed value decreased 44% from $250,945 in 2025. There are active mortgage liens totaling $199,371 recorded against this property.
LAKE TER, MM, FL 33023 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 2000 to 2021, with 3 recorded transactions in the public record..
Current Owner
HOFFMAN,SHIRMA & JERIOD J
3812 E LAKE TER, MIRAMAR, FL, 33023
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 33023
65.4%
Owner-Occ
34.6%
Investor
459
Flips (4yr)
8,847
New Biz (3yr)
Distress Risk
ELEVATED
56
Mortgages
ACTIVE
$212,500
FEMBI MORTGAGE · 2021-03-24
Est. Total Balance $199,371
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.