20022 SW 118 AVE, South Miami Heights, FL 33177
Parcel: 3069120110700 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$111,617
Property Details
Beds
3
Baths
1
Living Sqft
1,842
Year Built
1970
Lot Sqft
10,069
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$118,000
2000-12-01
2
N/Anon-market transfer
2007-01-01
3
$490,000
2026-02-27
MILDREY SOSA → FERE LLC
4
$490,000
2026-03-06
Tax Assessment History
$111,617
Assessed (2025)
$459,829
Market Value
$60,895
Taxable Value
$1,240
Annual Tax
2024
$108,472
$453,772
2025
$111,617
$459,829
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $111,617 | $459,829 | $60,895 | $1,240 | $263,535 | $196,294 |
| 2024 | $108,472 | $453,772 | $58,472 | $1,190 | $263,535 | $190,237 |
About 20022 SW 118 AVE, South Miami Heights, FL 33177
20022 SW 118 AVE, South Miami Heights, FL 33177 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1970 with 1,842 square feet of living space on a 10,069 square foot lot. The property is currently owned by FERE LLC, 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 2026-03-06 for $490,000. There are 4 recorded sales for this property. The 2025 assessed value is $111,617 with a market value of $459,829.
This breaks down to $263,535 for the land and $196,294 for the building. The assessed value increased 3% from $108,472 in 2024. The property has the following tax exemptions: homestead.
The median household income in this area is $44,021, and the median home value is $345,900. The population density is 8,399 people per square mile. 20022 SW 118 AVE, South Miami Heights, FL 33177 is located in South Miami Heights, Florida.
Property records, tax assessments, sales history, and ownership information for this South Miami Heights property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2000 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 23% 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 $266 per square foot — a key metric for comparing value across South Miami Heights's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024147293 | building | F | $27,900 |
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$44,021
Median Home Value$345,900
Pop. Density8,399/sq mi
Neighborhood 20022
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
18
Zoom in to see property sales