20961 SW 246 ST, Miami-Dade County, FL 33031

20961 SW 246 ST, Miami-Dade County, FL 33031 is a 7-bedroom, 5-bathroom residential - single family : additional living quarters built in 1992 with 4,460 square feet of living space on a 54,885 square foot lot. The property is currently owned by RODOLFO VARELA LAW KING CHOW, 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 2025-03-21 for $1,300,000. There are 4 recorded sales for this property. The 2025 assessed value is $648,996 with a market value of $944,947.

This breaks down to $378,000 for the land and $566,947 for the building. The assessed value increased 3% from $631,854 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. There are active mortgage liens totaling $1,026,765 recorded against this property. The complete ownership history of this property spans from 2020 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 50% 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. There is 1 active building permit on this property with a combined estimated cost of $11,943, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $291 per square foot — a key metric for comparing value across the area's real estate market..