16979 SW 274 ST, Miami-Dade County, FL 33031

16979 SW 274 ST, Miami-Dade County, FL 33031 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1996 with 3,702 square feet of living space on a 40,075 square foot lot. The property is currently owned by HERNAN MADRID &W LISA SCHOUGAARD, 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 2007-11-01 for $630,000. The property has appreciated $267,000 (74%) since the prior sale of $363,000 on 2002-06-01. The 2025 assessed value is $400,968 with a market value of $714,773.

This breaks down to $280,525 for the land and $434,248 for the building. The assessed value increased 3% from $389,668 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $129,808, and the median home value is $493,800.

The population density is 2,220 people per square mile. The complete ownership history of this property spans from 2002 to 2007, with 2 recorded transactions in the public record. The current assessed value represents 64% 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 $170 per square foot — a key metric for comparing value across the area's real estate market..