18320 SW 242 ST, Miami-Dade County, FL 33031

18320 SW 242 ST, Miami-Dade County, FL 33031 is a 5-bedroom, 4-bathroom impr agri : residential - single family built in 2017 with 3,375 square feet of living space on a 65,993 square foot lot. The property is currently owned by MELONIE SCHAEFER GLENN BREARLEY, 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 2014-06-12 for $55,000, when BRENDA HERRERA sold to MELONIE SCHAEFER. There are 3 recorded sales for this property. The 2025 assessed value is $510,916 with a market value of $963,690.

This breaks down to $378,750 for the land and $584,940 for the building. The assessed value increased 3% from $496,570 in 2024. The property has the following tax exemptions: homestead.

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 1996 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 929% 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 $16 per square foot — a key metric for comparing value across the area's real estate market..