2135 NE 197 TER, Ives Estates, FL 33179

2135 NE 197 TER, Ives Estates, FL 33179 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1962 with 4,430 square feet of living space on a 11,780 square foot lot. The property is currently owned by 31 33 CAMBRIDGE 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 2025-06-09 for $1,550,000. There are 3 recorded sales for this property. The 2025 assessed value is $378,383 with a market value of $1,305,690.

This breaks down to $765,700 for the land and $539,990 for the building. The assessed value increased 3% from $367,720 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 $95,283, and the median home value is $837,700.

The population density is 4,387 people per square mile. There are active mortgage liens totaling $902,923 recorded against this property. 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. 2135 NE 197 TER, 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 2008 to 2025, with 3 recorded transactions in the public record. The current assessed value represents 24% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

There are 6 active building permits on this property with a combined estimated cost of $49,740, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $350 per square foot — a key metric for comparing value across Ives Estates's real estate market..