23501 SW 197 AVE, Miami-Dade County, FL 33031

23501 SW 197 AVE, Miami-Dade County, FL 33031 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,234 square feet of living space on a 49,222 square foot lot. The property is currently owned by JULIO IGLESIAS, 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 2025-12-22 for $750,000. There are 4 recorded sales for this property. The 2025 assessed value is $372,699 with a market value of $543,758.

This breaks down to $339,000 for the land and $204,758 for the building. The assessed value increased 10% from $338,818 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.

There are active mortgage liens totaling $517,422 recorded against this property. The complete ownership history of this property spans from 2011 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 50% 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 $336 per square foot — a key metric for comparing value across the area's real estate market..