20905 SW 240 ST, Miami-Dade County, FL 33031

20905 SW 240 ST, Miami-Dade County, FL 33031 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1980 with 1,886 square feet of living space on a 54,450 square foot lot. The property is currently owned by DOLORES FUGINA, 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 1987-06-01 for $110,000. The property has appreciated $25,000 (29%) since the prior sale of $85,000 on 1981-04-01. The 2025 assessed value is $186,915 with a market value of $593,762.

This breaks down to $375,000 for the land and $218,762 for the building. The assessed value increased 3% from $181,648 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. The complete ownership history of this property spans from 1981 to 1987, with 2 recorded transactions in the public record. The current assessed value represents 170% 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 $58 per square foot — a key metric for comparing value across the area's real estate market..