18720 SW 294 TER, Miami-Dade County, FL 33030

18720 SW 294 TER, Miami-Dade County, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1992 with 2,152 square feet of living space on a 17,360 square foot lot. The property is currently owned by EMILIANO RIVERO &W MARTHA, 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 1992-10-01 for $115,000. The property sold for $111,800 less than the prior sale of $226,800 on 1990-06-01. The 2025 assessed value is $183,530 with a market value of $488,301.

This breaks down to $210,340 for the land and $277,961 for the building. The assessed value increased 3% from $178,358 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 $102,292, and the median home value is $536,300.

The population density is 889 people per square mile. The complete ownership history of this property spans from 1990 to 1992, with 2 recorded transactions in the public record. The current assessed value represents 160% 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 $53 per square foot — a key metric for comparing value across the area's real estate market..