Jonel Terrace Homes for Sale

Jonel Terrace is a residential community in Southwest Ranches, Florida.

Pure Equity Realty covers Jonel Terrace and the Southwest Ranches area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Jonel Terrace Southwest Ranches homes for sale as of September 2026. The median asking price is $1.59M.

That is 42% below the Southwest Ranches median of $2.73M. On a per-foot basis, homes here ask about $531 per square foot, compared with $790 across Southwest Ranches. So the median price buys roughly 3,000 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 47 days on the market. That is faster than the Southwest Ranches average of 166 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Jonel Terrace date from 1978, so they are about 48 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Jonel Terrace price means in Florida closing terms. At $1.59M, a 20% down payment comes to about $318,000, leaving a loan near $1.27M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,452. Next, the intangible tax of 0.2% adds about $2,544. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Jonel Terrace median, that is about $11,130.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.