31000 SW 197 AVE, Miami-Dade County, FL 33030

31000 SW 197 AVE, Miami-Dade County, FL 33030 is a impr agri - not homesites : mixed use - residential built in 2012 with 272 square feet of living space on a 435,600 square foot lot. The property is currently owned by ATB RED DRAGON 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 2023-01-25 for $1,100,000. There are 4 recorded sales for this property. The 2025 assessed value is $79,605 with a market value of $954,605.

This breaks down to $900,000 for the land and $54,605 for the building. The assessed value decreased 91% from $855,211 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 $107,073, and the median home value is $457,700. The population density is 6 people per square mile.

The complete ownership history of this property spans from 2000 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 7% 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 $4044 per square foot — a key metric for comparing value across the area's real estate market..