20200 SW 248 ST, Miami-Dade County, FL 33031

20200 SW 248 ST, Miami-Dade County, FL 33031 is a 1-bedroom, 1-bathroom impr agri : residential - single family built in 1973 with 1,344 square feet of living space on a 1,026,709 square foot lot. The property is currently owned by PETER HEW TRS NATALIE HEW IRREVOCABLE TRUST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-03-09 for $2,075,000, when REM JAVIER CHERTA sold to PETER HEW TRS . The property has appreciated $2,074,900 (2074900%) since the prior sale of $100 on 2012-02-13. There are 3 recorded sales for this property.

The 2025 assessed value is $322,111 with a market value of $2,017,351. This breaks down to $1,885,600 for the land and $131,751 for the building. The assessed value decreased 0% from $323,049 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 $107,073, and the median home value is $457,700.

The population density is 6 people per square mile. The complete ownership history of this property spans from 2004 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 16% 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 $1544 per square foot — a key metric for comparing value across the area's real estate market..