27950 SW 187 AVE, Miami-Dade County, FL 33031

27950 SW 187 AVE, Miami-Dade County, FL 33031 is a 4-bedroom, 3.5-bathroom impr agri : residential - single family built in 2008 with 2,517 square feet of living space on a 384,199 square foot lot. The property is currently owned by ROBERT D BINDER RACHELLE B BINDER, 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 2013-05-01 for $690,000, when COMMUNITY BANK OF FLORIDA INC sold to ROBERT D BINDER. The property has appreciated $404,000 (141%) since the prior sale of $286,000 on 2012-12-07. There are 3 recorded sales for this property.

The 2025 assessed value is $432,673 with a market value of $1,314,991. This breaks down to $882,000 for the land and $432,991 for the building. The assessed value increased 3% from $421,269 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 $102,292, and the median home value is $536,300. The population density is 889 people per square mile. The complete ownership history of this property spans from 2004 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 63% 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 $274 per square foot — a key metric for comparing value across the area's real estate market..