2020 SW 24 TER, Miami, FL 33145

Parcel: 0141150400280 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$268,118

Property Details

Beds
3
Baths
1
Living Sqft
1,369
Year Built
1944
Lot Sqft
7,150
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$255,000
2013-05-29
JUAN C MARIN &W MARTHAMICHAEL ISAAC LETTER

Tax Assessment History

$268,118
Assessed (2025)
$703,308
Market Value
$217,396
Taxable Value
$4,426
Annual Tax
2024
$260,562
$741,500
2025
$268,118
$703,308
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $268,118 $703,308 $217,396 $4,426
2024 $260,562 $741,500 $210,562 $4,287

About 2020 SW 24 TER, Miami, FL 33145

2020 SW 24 TER, Miami, FL 33145 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1944 with 1,369 square feet of living space on a 7,150 square foot lot. The property is currently owned by MICHAEL ISAAC LETTER, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-05-29 for $255,000, when JUAN C MARIN &W MARTHA sold to MICHAEL ISAAC LETTER. The 2025 assessed value is $268,118 with a market value of $703,308. This breaks down to $572,000 for the land and $131,308 for the building.

The assessed value increased 3% from $260,562 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 $76,656, and the median home value is $633,400. The population density is 10,142 people per square mile.

There are active mortgage liens totaling $482,228 recorded against this property. 2020 SW 24 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 105% of the most recent sale price. Based on the most recent sale, this property traded at $186 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MICHAEL ISAAC LETTER
2020 SW 24 TERRACE, MIAMI, FL, 33145
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,617 — $6,698
Flood $400 — $800
Property/Wind $3,217 — $5,898

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

Median Income$76,656
Median Home Value$633,400
Pop. Density10,142/sq mi

Neighborhood 33145

47.6%
Owner-Occ
52.4%
Investor
211
Flips (4yr)
5,655
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$500,000
~$482,228 bal.
FIRSTBANK PUERTO RICO · 2023-03-16
1 satisfied mortgage
SATISFIED 2020-08-31
$210,000
FIRSTBANK PUERTO RICO
Est. Total Balance $482,228
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales