How much is 12242 SW 148th Terrace?

12242 SW 148th Terrace is listed at $475,000, which is about $295 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 12242 SW 148th Terrace?

The listing reports an association fee of $169 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 12242 SW 148th Terrace?

The listing reports annual property taxes of $5,098 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 12242 SW 148th Terrace built?

12242 SW 148th Terrace was built in 2000 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 12242 SW 148th Terrace been on the market?

12242 SW 148th Terrace has been listed for 11 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 12242 SW 148th Terrace waterfront?

Yes. The listing describes the water as none lake front pond. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 12242 SW 148th Terrace?

The MLS lists Gloria Floyd (elementary), Richmond Heights (middle), Miami Southridge (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

12242 SW 148th Terrace, Miami, FL 33186

$475,000 · Closed

3 beds
3 baths
1,611 sq ft
Single Family Residence
Built 2000
HOA $169/mo
Lot 1,306.8 sq ft
MLS# A12057440
Deerwood Villas Sec 3 Rep

Photo 1 at 12242 SW 148th Terrace, Miami

About this home

Welcome to this warm and inviting two-story Single Family Home in Deerwood Villas, featuring a comfortable 1,611-square-foot floor plan. The interior centers around an updated kitchen equipped with sleek stainless steel appliances, making everyday meals and entertaining an absolute pleasure. All three bedrooms are situated on the second level for privacy, complemented by two full bathrooms and a convenient main-floor half bath. Recent improvements feature a brand-new roof along with a fully renovated upper guest bathroom. Set in a prime southwest Miami neighborhood, this home offers easy access to the Florida Turnpike, nearby green spaces like Deerwood Bonita Lakes Park, Zoo Miami, and popular shopping venues such as London Square and The Falls.

Video Tour

Watch the video tour of 12242 SW 148th Terrace

Features

Other
Other
Lake Front
Pond

Schools

Elementary: Gloria Floyd
Middle: Richmond Heights
High: Miami Southridge

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Redfin Corporation · Listing agent: Cecilia Cordova

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 12242 SW 148th Terrace.

Questions About 12242 SW 148th Terrace

How much is 12242 SW 148th Terrace?: 12242 SW 148th Terrace is listed at $475,000, which is about $295 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 12242 SW 148th Terrace?: The listing reports an association fee of $169 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 12242 SW 148th Terrace?: The listing reports annual property taxes of $5,098 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 12242 SW 148th Terrace built?: 12242 SW 148th Terrace was built in 2000 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 12242 SW 148th Terrace been on the market?: 12242 SW 148th Terrace has been listed for 11 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 12242 SW 148th Terrace waterfront?: Yes. The listing describes the water as none lake front pond. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 12242 SW 148th Terrace?: The MLS lists Gloria Floyd (elementary), Richmond Heights (middle), Miami Southridge (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 4 bedroom home at 14331 SW 136th Avenue, Miami, FL 33186 is comparable and listed for sale at $545,000. Another comparable home, 13428 SW 108th St Circle, Miami, FL 33186, sold for $499,000 in September 2026. Miami neighborhoods include Downtown Miami and Upper East Side. Nearby ZIP codes include 33125 and 33126. This property also neighbors Pinecrest, South Miami, and Coral Gables. Compare it with the Miami housing market report.