20205 SW 188 ST, South Miami Heights, FL 33187

Parcel: 3068030000130 · Residential - Single Family · 1 Unit · Zoning: 8900

Assessed Value (2025)
$564,886

Property Details

Beds
4
Baths
2
Living Sqft
1,448
Year Built
1973
Lot Sqft
92,782
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$150,000
1994-03-01
2
$310,000+107%
2014-07-02
JOHN P EAST &W DEBORAH DPEDRO YNIGO
3
$450,000+45%
2022-06-01
PEDRO YNIGOFERNANDO MIGUEL FIGUEREDO

Tax Assessment History

$564,886
Assessed (2025)
$601,725
Market Value
$564,886
Taxable Value
$11,501
Annual Tax
2024
$513,533
$528,540
2025
$564,886
$601,725
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $564,886 $601,725 $564,886 $11,501
2024 $513,533 $528,540 $513,533 $10,455

About 20205 SW 188 ST, South Miami Heights, FL 33187

20205 SW 188 ST, South Miami Heights, FL 33187 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1973 with 1,448 square feet of living space on a 92,782 square foot lot. The property is currently owned by FERNANDO MIGUEL FIGUEREDO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-06-01 for $450,000, when PEDRO YNIGO sold to FERNANDO MIGUEL FIGUEREDO . The property has appreciated $140,000 (45%) since the prior sale of $310,000 on 2014-07-02. There are 3 recorded sales for this property.

The 2025 assessed value is $564,886 with a market value of $601,725. This breaks down to $372,750 for the land and $228,975 for the building. The assessed value increased 10% from $513,533 in 2024.

The median household income in this area is $107,073, and the median home value is $457,700. The population density is 6 people per square mile. There are active mortgage liens totaling $386,793 recorded against this property.

20205 SW 188 ST, 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 1994 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 126% 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 South Miami Heights's real estate market..

Building Permits (1)

Permit #TypeStatusCost
K1993174417 electrical expired

Current Owner

FERNANDO MIGUEL FIGUEREDO
20205 SW 188 ST, MIAMI, FL, 33187
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,048 — $10,967
Flood $400 — $800
Property/Wind $5,648 — $10,167

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$107,073
Median Home Value$457,700
Pop. Density6/sq mi

Neighborhood 20205

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
18
View full risk analysis →

Mortgages

ACTIVE
$405,000
~$386,793 bal.
UNITED WHOLESALE MORTGAGE · 2022-06-03
Est. Total Balance $386,793
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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