24800 SW 197 AVE, Miami-Dade County, FL 33031

24800 SW 197 AVE, Miami-Dade County, FL 33031 is a 3-bedroom, 2.5-bathroom impr agri : residential - single family built in 1989 with 1,874 square feet of living space on a 84,070 square foot lot. The property is currently owned by YORDAN MENOCAL LLINY DE LA NUEZ, recorded as of 2026-05-31. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-04-12 for $258,300, when YORDAN MENOCAL sold to YORDAN MENOCAL. The property sold for $102,900 less than the prior sale of $361,200 on 2019-10-04. There are 4 recorded sales for this property.

The 2025 assessed value is $406,443 with a market value of $711,836. This breaks down to $482,500 for the land and $229,336 for the building. The assessed value increased 3% from $395,024 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 $107,073, and the median home value is $457,700. The population density is 6 people per square mile. There are active mortgage liens totaling $519,322 recorded against this property.

The complete ownership history of this property spans from 2006 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 157% 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 $138 per square foot — a key metric for comparing value across the area's real estate market..