19800 SW 242 TER, Miami-Dade County, FL 33031

19800 SW 242 TER, Miami-Dade County, FL 33031 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1957 with 2,035 square feet of living space on a 16,691 square foot lot. The property is currently owned by LEONARDO A & LEONARDO O BALSERA, 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 1999-10-01 for $115,000. The property has appreciated $60,000 (109%) since the prior sale of $55,000 on 1996-06-01. The 2025 assessed value is $285,940 with a market value of $379,370.

This breaks down to $200,292 for the land and $179,078 for the building. The assessed value increased 10% from $259,946 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. 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 1996 to 1999, with 2 recorded transactions in the public record. The current assessed value represents 249% 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 $57 per square foot — a key metric for comparing value across the area's real estate market..