18960 SW 240 ST, Miami-Dade County, FL 33031

18960 SW 240 ST, Miami-Dade County, FL 33031 is a 1-bedroom, 1-bathroom impr agri : residential - single family built in 1989 with 1,004 square feet of living space on a 42,253 square foot lot. The property is currently owned by GRISEL INDIRA YERO MARTIN YORDAN COLUMBIE, 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 2024-12-12 for $630,000. There are 4 recorded sales for this property. The 2025 assessed value is $143,517 with a market value of $475,870.

This breaks down to $291,000 for the land and $184,870 for the building. The assessed value decreased 25% from $191,906 in 2024. The property has the following tax exemptions: homestead.

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 $71,250, and the median home value is $437,500.

The population density is 352 people per square mile. There are active mortgage liens totaling $609,058 recorded against this property. The complete ownership history of this property spans from 2015 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 23% 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 $627 per square foot — a key metric for comparing value across the area's real estate market..