18445 SW 294 TER, Miami-Dade County, FL 33030

18445 SW 294 TER, Miami-Dade County, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,851 square feet of living space on a 21,440 square foot lot. The property is currently owned by ELOY GARZA & MARIA NUNEZ, 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 2005-09-01 for $422,500. The property has appreciated $298,500 (241%) since the prior sale of $124,000 on 1995-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $176,512 with a market value of $464,551. This breaks down to $212,200 for the land and $252,351 for the building. The assessed value increased 3% from $171,538 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 $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 1990 to 2005, with 3 recorded transactions in the public record.

The current assessed value represents 42% 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 $228 per square foot — a key metric for comparing value across the area's real estate market..