15785 SW 242 ST, Miami-Dade County, FL 33031

15785 SW 242 ST, Miami-Dade County, FL 33031 is a 5-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1987 with 3,197 square feet of living space on a 40,293 square foot lot. The property is currently owned by EDGAR WOOTEN &W SHARON H, 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 2003-02-01 for $357,000. The property has appreciated $217,000 (155%) since the prior sale of $140,000 on 1992-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $463,292 with a market value of $717,003. This breaks down to $277,500 for the land and $439,503 for the building. The assessed value increased 3% from $450,236 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. The complete ownership history of this property spans from 1982 to 2003, with 3 recorded transactions in the public record.

The current assessed value represents 130% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $112 per square foot — a key metric for comparing value across the area's real estate market..