18395 SW 248 ST, Miami-Dade County, FL 33031

Parcel: 3068240000401 · Impr Agri · Residential - Single Family · Zoning: 9000

Assessed Value (2025)
$305,760

Property Details

Beds
2
Baths
1
Living Sqft
2,855
Year Built
1937
Lot Sqft
81,892
Stories
1
IMPR AGRI : RESIDENTIAL - SINGLE FAMILY

Sales History

1
N/Anon-market transfer
2008-06-01
2
$235,000
2009-02-27
FEDERAL NATIONAL MORTGAGE ASSNGARY M PORTERFIELD
3
$280,000+19%
2013-04-30
GARY M PORTERFIELDRICHARD L HOBBS

Tax Assessment History

$305,760
Assessed (2025)
$693,113
Market Value
$255,038
Taxable Value
$5,192
Annual Tax
2024
$297,180
$694,456
2025
$305,760
$693,113
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $305,760 $693,113 $255,038 $5,192
2024 $297,180 $694,456 $247,180 $5,032

About 18395 SW 248 ST, Miami-Dade County, FL 33031

18395 SW 248 ST, Miami-Dade County, FL 33031 is a 2-bedroom, 1-bathroom impr agri : residential - single family built in 1937 with 2,855 square feet of living space on a 81,892 square foot lot. The property is currently owned by RICHARD L HOBBS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-04-30 for $280,000, when GARY M PORTERFIELD sold to RICHARD L HOBBS. The property has appreciated $45,000 (19%) since the prior sale of $235,000 on 2009-02-27. There are 3 recorded sales for this property.

The 2025 assessed value is $305,760 with a market value of $693,113. This breaks down to $470,000 for the land and $223,113 for the building. The assessed value increased 3% from $297,180 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. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 2008 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price.

Based on the most recent sale, this property traded at $98 per square foot — a key metric for comparing value across the area's real estate market..

Code Violations 1 open

20130159784 open
2013-06-03

Distress Signals

  • 1 open code violation

Current Owner

RICHARD L HOBBS
18395 SW 248 ST, HOMESTEAD, FL, 33031
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,069 — $7,526
Flood $400 — $800
Property/Wind $3,669 — $6,726

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$71,250
Median Home Value$437,500
Pop. Density352/sq mi

Neighborhood 18395

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
View full risk analysis →
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