20950 SW 242 ST, Miami-Dade County, FL 33031

20950 SW 242 ST, Miami-Dade County, FL 33031 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1985 with 1,175 square feet of living space on a 54,450 square foot lot. The property is currently owned by JORGE E CASTILLO, 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 2016-09-21 for $200,000, when EILEEN A VICENTY sold to JORGE E CASTILLO. The property has appreciated $122,000 (156%) since the prior sale of $78,000 on 2010-06-30. There are 3 recorded sales for this property.

The 2025 assessed value is $308,387 with a market value of $499,332. This breaks down to $375,000 for the land and $124,332 for the building. The assessed value increased 10% from $280,352 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. The complete ownership history of this property spans from 2010 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 154% 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 $170 per square foot — a key metric for comparing value across the area's real estate market..