24040 SW 157 AVE, Miami-Dade County, FL 33031

24040 SW 157 AVE, Miami-Dade County, FL 33031 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1965 with 1,829 square feet of living space on a 40,380 square foot lot. The property is currently owned by MAIKEL ROJAS VERGEL DANA KARINA GUILOFF, 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 2025-03-21 for $800,000. There are 4 recorded sales for this property. The 2025 assessed value is $321,659 with a market value of $582,517.

This breaks down to $278,100 for the land and $304,417 for the building. The assessed value increased 3% from $312,594 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 $97,395, and the median home value is $602,600.

The population density is 469 people per square mile. There are active mortgage liens totaling $273,577 recorded against this property. The complete ownership history of this property spans from 1993 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 40% 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 $437 per square foot — a key metric for comparing value across the area's real estate market..