20825 SW 242 ST, Miami-Dade County, FL 33031

20825 SW 242 ST, Miami-Dade County, FL 33031 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1996 with 4,998 square feet of living space on a 54,450 square foot lot. The property is currently owned by ONAYS REMBERTO PEDRAZA, 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 2016-04-04 for $450,000, when MANUEL M APOLINARIO &W MARIA L sold to ONAYS REMBERTO PEDRAZA. The property has appreciated $416,000 (1224%) since the prior sale of $34,000 on 1989-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $599,256 with a market value of $895,718. This breaks down to $375,000 for the land and $520,718 for the building. The assessed value increased 3% from $582,368 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 1988 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 133% 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 $90 per square foot — a key metric for comparing value across the area's real estate market..