18505 SW 197 AVE, South Miami Heights, FL 33187

18505 SW 197 AVE, South Miami Heights, FL 33187 is a 3-bedroom, 2-bathroom impr agri : residential - single family built in 1970 with 1,736 square feet of living space on a 74,923 square foot lot. The property is currently owned by TODD ROBERT WALTON SANDRA IBETH OSPINA, 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 2020-06-29 for $475,000, when JOSE A HAYES &W ODALYS sold to TODD ROBERT WALTON . The property has appreciated $360,200 (314%) since the prior sale of $114,800 on 1990-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $238,859 with a market value of $553,567. This breaks down to $361,200 for the land and $192,367 for the building. The assessed value increased 3% from $232,227 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $79,297, and the median home value is $352,600. The population density is 543 people per square mile. 18505 SW 197 AVE, South Miami Heights, FL 33187 is located in South Miami Heights, Florida.

Property records, tax assessments, sales history, and ownership information for this South Miami Heights property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1988 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 50% 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. Based on the most recent sale, this property traded at $274 per square foot — a key metric for comparing value across South Miami Heights's real estate market..