22420 SW 262 ST, Miami-Dade County, FL 33031

22420 SW 262 ST, Miami-Dade County, FL 33031 is a 3-bedroom, 3-bathroom impr agri : residential - single family built in 2004 with 2,040 square feet of living space on a 196,455 square foot lot. The property is currently owned by SOMERSET SENGCHANH VILAKHONE SENGCHANH, 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 2017-11-30 for $400,000, when ORESTES HERNANDEZ LE sold to SOMERSET SENGCHANH. The property has appreciated $399,900 (399900%) since the prior sale of $100 on 2017-04-28. There are 3 recorded sales for this property.

The 2025 assessed value is $176,950 with a market value of $716,201. This breaks down to $563,750 for the land and $152,451 for the building. The assessed value increased 3% from $172,244 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 $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 2012 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 44% 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 $196 per square foot — a key metric for comparing value across the area's real estate market..