27200 SW 157 AVE, Miami-Dade County, FL 33031

27200 SW 157 AVE, Miami-Dade County, FL 33031 is a utility : utility built in 2016 with 490 square feet of living space on a 115,651 square foot lot. The property is currently owned by FLORIDA POWER & LIGHT CO ATTN PROPERTY TAX DEPT, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2005-11-01 for $475,000. The property has appreciated $325,000 (217%) since the prior sale of $150,000 on 2001-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $318,934 with a market value of $493,110. This breaks down to $436,140 for the land and $56,970 for the building. The assessed value increased 10% from $289,940 in 2024.

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 $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 1999 to 2005, with 3 recorded transactions in the public record. The current assessed value represents 67% 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 $969 per square foot — a key metric for comparing value across the area's real estate market..