20707 SW 240 ST, Miami-Dade County, FL 33031
Parcel: 3068210001280 · Residential - Single Family · 1 Unit · Zoning: 8900
Assessed Value (2025)
$565,791
Property Details
Beds
2
Baths
2
Living Sqft
1,386
Year Built
2000
Lot Sqft
56,628
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2021-07-13
DALLAS F MCGLOTHLIN → DALLAS F MCGLOTHLIN
2
N/Anon-market transfer
2025-04-11
DALLAS F MCGLOTHLIN EST OF → WANDA L MCGROTHLIN
3
N/A
2025-04-17
4
$720,000
2025-08-26
WANDA L MCGLOTHLIN → OMAR CASTILLO PAYROL
5
$720,000
2025-10-15
Tax Assessment History
$565,791
Assessed (2025)
$565,791
Market Value
$565,791
Taxable Value
$11,519
Annual Tax
2024
$549,183
2025
$565,791
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $565,791 | $565,791 | $565,791 | $11,519 | $390,000 | $175,791 |
| 2024 | $549,183 | $549,183 | $549,183 | $11,181 | $390,000 | $159,183 |
About 20707 SW 240 ST, Miami-Dade County, FL 33031
20707 SW 240 ST, Miami-Dade County, FL 33031 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 2000 with 1,386 square feet of living space on a 56,628 square foot lot. The property is currently owned by OMAR CASTILLO PAYROL MAITE VALDES ORFILA, 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 2025-10-15 for $720,000. There are 5 recorded sales for this property. The 2025 assessed value is $565,791 with a market value of $565,791.
This breaks down to $390,000 for the land and $175,791 for the building. The assessed value increased 3% from $549,183 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 $679,452 recorded against this property. The complete ownership history of this property spans from 2021 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 79% of the most recent sale price.
Based on the most recent sale, this property traded at $519 per square foot — a key metric for comparing value across the area's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026006154 | building | F | $20,000 |
Current Owner
OMAR CASTILLO PAYROL MAITE VALDES ORFILA
20707 SW 240 ST, HOMESTEAD, FL, 33031
Since: 2026-04-19
View owner profile →
Flood Zone
Zone AH
Special Flood Hazard Area
Est. Annual Insurance
$4,926 — $8,721
Flood $400 — $800
Property/Wind $4,526 — $7,921
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 20707
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
17
Mortgages
ACTIVE
$684,000
OCMBC INC · 2025-10-15
Est. Total Balance $679,452
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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