20505 SW 198 ST, South Miami Heights, FL 33187

Parcel: 3068030001680 · Residential - Single Family · 1 Unit · Zoning: 8900

Assessed Value (2025)
$250,799

Property Details

Beds
4
Baths
2
Living Sqft
3,672
Year Built
1988
Lot Sqft
51,836
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$3,500
1976-07-01
2
$14,500+314%
1982-03-01
3
$945,000+6417%
2025-04-01
JOHN R WRIGHT &W GAILYOANNY MARCHENA
4
$945,000
2025-04-10

Tax Assessment History

$250,799
Assessed (2025)
$529,955
Market Value
$200,077
Taxable Value
$4,073
Annual Tax
2024
$243,731
$472,742
2025
$250,799
$529,955
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $250,799 $529,955 $200,077 $4,073
2024 $243,731 $472,742 $193,731 $3,944

About 20505 SW 198 ST, South Miami Heights, FL 33187

20505 SW 198 ST, South Miami Heights, FL 33187 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1988 with 3,672 square feet of living space on a 51,836 square foot lot. The property is currently owned by YOANNY MARCHENA LISSETTE GOMEZ, 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 2025-04-10 for $945,000. There are 4 recorded sales for this property. The 2025 assessed value is $250,799 with a market value of $529,955.

This breaks down to $249,900 for the land and $280,055 for the building. The assessed value increased 3% from $243,731 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 $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 $653,666 recorded against this property. 20505 SW 198 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 1976 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 27% 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 $257 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Current Owner

YOANNY MARCHENA LISSETTE GOMEZ
20505 SW 198 ST, MIAMI, FL, 33187
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,907 — $5,314
Flood $400 — $800
Property/Wind $2,507 — $4,514

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 20505

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →

Mortgages

ACTIVE
$661,500
~$653,666 bal.
UNITED WHOLESALE MORTGAGE · 2025-04-10
Est. Total Balance $653,666
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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