3540 SW 23 TER, Miami, FL 33145

3540 SW 23 TER, Miami, FL 33145 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1953 with 1,108 square feet of living space on a 7,000 square foot lot. The property is currently owned by JORGE MARTINEZ &W ESPERNAZA MARTINEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2001-01-01 for $100,000. The property has appreciated $67,500 (208%) since the prior sale of $32,500 on 1973-05-01. The 2025 assessed value is $130,496 with a market value of $680,547.

This breaks down to $560,000 for the land and $120,547 for the building. The assessed value increased 3% from $126,819 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 $62,381, and the median home value is $427,300.

The population density is 20,425 people per square mile. 3540 SW 23 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 complete ownership history of this property spans from 1973 to 2001, with 2 recorded transactions in the public record. The current assessed value represents 130% 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 $90 per square foot — a key metric for comparing value across Miami's real estate market..