18420 SW 244 ST, Miami-Dade County, FL 33031

Parcel: 3068240010080 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$426,984

Property Details

Beds
3
Baths
2
Living Sqft
2,125
Year Built
1992
Lot Sqft
37,897
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2006-01-01
2
$400,000
2017-05-12
MATTHEW D FORRISTALL &W MARIANNE DAVID ESPINOZA
3
$490,000+23%
2018-11-27
DAVID ESPINOZASARA A MELHADO

Tax Assessment History

$426,984
Assessed (2025)
$615,920
Market Value
$376,262
Taxable Value
$7,660
Annual Tax
2024
$414,951
$598,447
2025
$426,984
$615,920
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $426,984 $615,920 $376,262 $7,660
2024 $414,951 $598,447 $364,951 $7,430

About 18420 SW 244 ST, Miami-Dade County, FL 33031

18420 SW 244 ST, Miami-Dade County, FL 33031 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1992 with 2,125 square feet of living space on a 37,897 square foot lot. The property is currently owned by SARA A MELHADO MARK A MELHADO, 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 2018-11-27 for $490,000, when DAVID ESPINOZA sold to SARA A MELHADO. The property has appreciated $90,000 (23%) since the prior sale of $400,000 on 2017-05-12. There are 3 recorded sales for this property.

The 2025 assessed value is $426,984 with a market value of $615,920. This breaks down to $261,000 for the land and $354,920 for the building. The assessed value increased 3% from $414,951 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. There are active mortgage liens totaling $169,426 recorded against this property.

The complete ownership history of this property spans from 2006 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $231 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

SARA A MELHADO MARK A MELHADO
18420 SW 244 ST, HOMESTEAD, FL, 33031
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,669 — $8,485
Flood $400 — $800
Property/Wind $4,269 — $7,685

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 18420

100%
Owner-Occ
0%
Investor
3
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$175,000
~$169,426 bal.
ROCKET MORTGAGE LLC · 2025-02-18
Est. Total Balance $169,426
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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