490 SW 21 AVE, Miami, FL 33135

490 SW 21 AVE, Miami, FL 33135 is a 8-bedroom, 6-bathroom multifamily 2-9 units : 2 living units built in 1952 with 3,304 square feet of living space on a 6,900 square foot lot. The property is currently owned by PEDRO PABLO PEREDA ADA R PEREDA, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-03-05 for $82,500, when PEDRO PABLO PEREDA sold to PEDRO PABLO PEREDA. The property sold for $148,862 less than the prior sale of $231,362 on 2006-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $331,593 with a market value of $740,372. This breaks down to $517,500 for the land and $222,872 for the building. The assessed value increased 8% from $307,919 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $28,423, and the median home value is $221,100. The population density is 23,688 people per square mile. 490 SW 21 AVE, Miami, FL 33135 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2001 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 402% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $25 per square foot — a key metric for comparing value across Miami's real estate market..