23825 SW 197 AVE, Miami-Dade County, FL 33031

23825 SW 197 AVE, Miami-Dade County, FL 33031 is a 3-bedroom, 3-bathroom impr agri : residential - single family built in 1955 with 738 square feet of living space on a 217,800 square foot lot. The property is currently owned by FINCA MIA 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 2000-05-01 for $250,000. The 2025 assessed value is $397,270 with a market value of $867,270. This breaks down to $600,000 for the land and $267,270 for the building.

The assessed value increased 6% from $376,322 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 $71,250, and the median home value is $437,500. The population density is 352 people per square mile. The current assessed value represents 159% 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 $339 per square foot — a key metric for comparing value across the area's real estate market..