27025 SW 197 AVE, Miami-Dade County, FL 33031

27025 SW 197 AVE, Miami-Dade County, FL 33031 is a 3-bedroom, 1-bathroom impr agri : residential - single family built in 1961 with 1,192 square feet of living space on a 48,787 square foot lot. The property is currently owned by ERIC PETERSEN, 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 2016-10-26 for $267,000, when CLAY FRYE sold to ERIC PETERSEN. The property has appreciated $77,000 (41%) since the prior sale of $190,000 on 2012-10-31. There are 3 recorded sales for this property.

The 2025 assessed value is $160,904 with a market value of $344,118. This breaks down to $224,000 for the land and $120,118 for the building. The assessed value increased 3% from $156,405 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 $71,250, and the median home value is $437,500. The population density is 352 people per square mile. The complete ownership history of this property spans from 2011 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 60% 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 $224 per square foot — a key metric for comparing value across the area's real estate market..