23301 SW 197 AVE, Miami-Dade County, FL 33031

23301 SW 197 AVE, Miami-Dade County, FL 33031 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1976 with 2,126 square feet of living space on a 48,787 square foot lot. The property is currently owned by A & B REAL ESTATE HOLDINGS LLC, 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 2013-07-31 for $198,500, when ROY A RAMIREZ & ADRIANA LOPEZ sold to A & B REAL ESTATE HOLDINGS LLC. The property sold for $236,500 less than the prior sale of $435,000 on 2005-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $514,774 with a market value of $636,571. This breaks down to $336,000 for the land and $300,571 for the building. The assessed value increased 9% from $470,583 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 1992 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 259% 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 $93 per square foot — a key metric for comparing value across the area's real estate market..