27440 SW 187 AVE, Miami-Dade County, FL 33031

27440 SW 187 AVE, Miami-Dade County, FL 33031 is a 7-bedroom, 8.5-bathroom multifamily 2-9 units : 2 living units built in 1981 with 7,547 square feet of living space on a 243,936 square foot lot. The property is currently owned by STEPHEN MARLEY, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-11-25 for $2,325,000, when TCE FARMS LLC sold to STEPHEN MARLEY. There are 3 recorded sales for this property. The 2025 assessed value is $2,222,438 with a market value of $2,222,438.

This breaks down to $700,000 for the land and $1,522,438 for the building. The assessed value increased 10% from $2,020,838 in 2024. 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 $102,292, and the median home value is $536,300. The population density is 889 people per square mile.

There are active mortgage liens totaling $341,692 recorded against this property. The complete ownership history of this property spans from 2006 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price.

Based on the most recent sale, this property traded at $308 per square foot — a key metric for comparing value across the area's real estate market..