20500 SW 198 AVE, South Miami Heights, FL 33187

Parcel: 3068100000260 · Container Nursery Above-Gr · Extra Fea Other Than Parking · Zoning: 8900

Assessed Value (2025)
$11,750

Sales History

1
$98,000
1995-01-01
2
$100non-market transfer
2018-10-16
MARIO ABREUT &W TERESAMARIO ORTIGOSA
3
$130,000
2023-12-06
MARIO ORTIGOSAMARIO & SON INC
4
$130,000
2023-12-14

Tax Assessment History

$11,750
Assessed (2025)
$584,080
Market Value
$11,750
Taxable Value
$239
Annual Tax
2024
$11,796
$438,926
2025
$11,750
$584,080
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $11,750 $584,080 $11,750 $239
2024 $11,796 $438,926 $11,796 $240

About 20500 SW 198 AVE, South Miami Heights, FL 33187

20500 SW 198 AVE, South Miami Heights, FL 33187 is a property. The property is currently owned by MARIO & SON INC, 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 2023-12-14 for $130,000. There are 4 recorded sales for this property. The 2025 assessed value is $11,750 with a market value of $584,080.

This breaks down to $580,800 for the land and $3,280 for the building. The assessed value decreased 0% from $11,796 in 2024. 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 $450,000 recorded against this property. 20500 SW 198 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 1995 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 9% 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..

Current Owner

MARIO & SON INC
21305 SW 198 AVE, MIAMI, FL, 33187
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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 20500

100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$450,000
IV HOLDINGS GROUP LLC · 2023-12-14
Est. Total Balance $450,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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