2988 SW 21 TER, Miami, FL 33145

2988 SW 21 TER, Miami, FL 33145 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1979 with 2,524 square feet of living space on a 7,608 square foot lot. The property is currently owned by FLORIDA LENDER SERVICES LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-08-16 for $565,000, when MARIA CHAVEZ sold to FLORIDA LANDER SERVICES LLC. The 2025 assessed value is $750,154 with a market value of $773,360. This breaks down to $547,776 for the land and $225,584 for the building.

The assessed value increased 10% from $681,959 in 2024. 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 $77,772, and the median home value is $545,400. The population density is 10,553 people per square mile. There are active mortgage liens totaling $275,000 recorded against this property.

2988 SW 21 TER, Miami, FL 33145 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 current assessed value represents 133% 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 $224 per square foot — a key metric for comparing value across Miami's real estate market..