20840 SAN SIMEON WAY 409, Ives Estates, FL 33179

20840 SAN SIMEON WAY 409, Ives Estates, FL 33179 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1983 with 1,596 square feet of living space. The property is currently owned by OVERLAGSEN 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 2013-08-26 for $115,000, when MARVIN FREID &W SUE B sold to OVERLAGSEN LLC. The property has appreciated $51,000 (80%) since the prior sale of $64,000 on 1993-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $198,000 with a market value of $198,000. The assessed value increased 7% from $184,258 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 $64,632, and the median home value is $238,400. The population density is 18,031 people per square mile.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 20840 SAN SIMEON WAY 409, Ives Estates, FL 33179 is located in Ives Estates, Florida.

Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1983 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 172% 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 $72 per square foot — a key metric for comparing value across Ives Estates's real estate market..