18871 SW 294 TER, Miami-Dade County, FL 33030

18871 SW 294 TER, Miami-Dade County, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1991 with 2,120 square feet of living space on a 20,720 square foot lot. The property is currently owned by CARLOS MONTERO CRUZ MARIA MONTERO, 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 2023-05-03 for $685,000. There are 4 recorded sales for this property. The 2025 assessed value is $391,063 with a market value of $551,120.

This breaks down to $232,180 for the land and $318,940 for the building. The assessed value increased 3% from $380,042 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 1998 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 57% 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 $323 per square foot — a key metric for comparing value across the area's real estate market..