18640 SW 294 TER, Miami-Dade County, FL 33030

18640 SW 294 TER, Miami-Dade County, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 2,225 square feet of living space on a 21,842 square foot lot. The property is currently owned by PICASSO CASA LLC, 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 2011-01-25 for $120,000, when DEUTSCHE BANK NATIONAL TRUST COMPANY TRS sold to PICASSO CASA LLC. The property has appreciated $119,900 (119900%) since the prior sale of $100 on 2009-11-25. There are 3 recorded sales for this property.

The 2025 assessed value is $407,900 with a market value of $459,399. This breaks down to $214,210 for the land and $245,189 for the building. The assessed value increased 10% from $370,819 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 $117,733, and the median home value is $364,400.

The population density is 2,462 people per square mile. The complete ownership history of this property spans from 2009 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 340% 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 $54 per square foot — a key metric for comparing value across the area's real estate market..