20001 SW 248 ST, Miami-Dade County, FL 33031

20001 SW 248 ST, Miami-Dade County, FL 33031 is a 15-bedroom, 7-bathroom impr agri - not homesites : multifamily 3 or more units built in 1960 with 17,716 square feet of living space on a 1,295,038 square foot lot. The property is currently owned by JAIMES NURSERY INC, 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 2026-03-04 for $3,000,000. There are 4 recorded sales for this property. The 2025 assessed value is $803,830 with a market value of $2,332,000.

This breaks down to $2,081,100 for the land and $250,900 for the building. The assessed value decreased 13% from $922,315 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 1973 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 27% 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.

Based on the most recent sale, this property traded at $169 per square foot — a key metric for comparing value across the area's real estate market..