24550 SW 188 AVE, Miami-Dade County, FL 33031

24550 SW 188 AVE, Miami-Dade County, FL 33031 is a 1-bedroom, 2-bathroom impr agri : residential - single family built in 1979 with 1,000 square feet of living space on a 209,959 square foot lot. The property is currently owned by FINCA ROCA 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 2004-12-01 for $700,000. The property has appreciated $365,000 (109%) since the prior sale of $335,000 on 2002-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $238,699 with a market value of $724,432. This breaks down to $578,400 for the land and $146,032 for the building. The assessed value increased 10% from $217,909 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 complete ownership history of this property spans from 1977 to 2004, with 3 recorded transactions in the public record. The current assessed value represents 34% 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 $700 per square foot — a key metric for comparing value across the area's real estate market..