7248 SW 42 TER, Westchester, FL 33155

Parcel: 3040230210011 · Light Manufacturing · Light Mfg & Food Processing · Zoning: 7300

Assessed Value (2025)
$4,968,785

Property Details

Living Sqft
7,388
Year Built
1991
Lot Sqft
138,971
Stories
1
LIGHT MANUFACTURING : LIGHT MFG & FOOD PROCESSING

Sales History

1
$885,900
1990-10-01
2
$1,100,000+24%
2001-03-01
3
$2,300,000+109%
2012-01-06
REM REAL ESTATE INVESTMENTS INCAF R ESTATE LLC

Tax Assessment History

$4,968,785
Assessed (2025)
$6,287,118
Market Value
$4,968,785
Taxable Value
$101,160
Annual Tax
2024
$4,517,078
$6,383,275
2025
$4,968,785
$6,287,118
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,968,785 $6,287,118 $4,968,785 $101,160
2024 $4,517,078 $6,383,275 $4,517,078 $91,964

About 7248 SW 42 TER, Westchester, FL 33155

7248 SW 42 TER, Westchester, FL 33155 is a light manufacturing : light mfg & food processing built in 1991 with 7,388 square feet of living space on a 138,971 square foot lot. The property is currently owned by AF R ESTATE 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 2012-01-06 for $2,300,000, when REM REAL ESTATE INVESTMENTS INC sold to AF R ESTATE LLC. The property has appreciated $1,200,000 (109%) since the prior sale of $1,100,000 on 2001-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $4,968,785 with a market value of $6,287,118. This breaks down to $6,253,695 for the land and $33,423 for the building. The assessed value increased 10% from $4,517,078 in 2024.

The median household income in this area is $137,875, and the median home value is $750,000. The population density is 1,886 people per square mile. 7248 SW 42 TER, Westchester, FL 33155 is located in Westchester, Florida.

Property records, tax assessments, sales history, and ownership information for this Westchester property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1990 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 216% 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 $311 per square foot — a key metric for comparing value across Westchester's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2025046963 electrical F $100
C2024136793 electrical F $40

Current Owner

AF R ESTATE LLC
4960 SW 72 AVE UNIT 201, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$50,087 — $90,238
Flood $400 — $800
Property/Wind $49,687 — $89,438

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$137,875
Median Home Value$750,000
Pop. Density1,886/sq mi

Neighborhood 33155

61.6%
Owner-Occ
38.4%
Investor
253
Flips (4yr)
9,120
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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