23700 SW 162 AVE, Miami-Dade County, FL 33031

23700 SW 162 AVE, Miami-Dade County, FL 33031 is a 5-bedroom, 4-bathroom impr agri - not homesites : 2 living units built in 1957 with 4,741 square feet of living space on a 134,600 square foot lot. The property is currently owned by MARK JOSEPH RUSSO, 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 2008-07-01 for $575,000. There are 3 recorded sales for this property. The 2025 assessed value is $292,205 with a market value of $1,064,359.

This breaks down to $695,250 for the land and $369,109 for the building. The assessed value increased 3% from $284,094 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 2007 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 51% 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 $121 per square foot — a key metric for comparing value across the area's real estate market..