18720 SW 305 TER, Miami-Dade County, FL 33030

Parcel: 3078110160080 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$153,458

Property Details

Beds
4
Baths
3
Living Sqft
1,329
Year Built
2002
Lot Sqft
12,541
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$770,000
1995-04-01
2
$85,000-89%
2002-02-01

Tax Assessment History

$153,458
Assessed (2025)
$495,184
Market Value
$102,736
Taxable Value
$2,092
Annual Tax
2024
$149,134
$497,997
2025
$153,458
$495,184
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $153,458 $495,184 $102,736 $2,092
2024 $149,134 $497,997 $99,134 $2,018

About 18720 SW 305 TER, Miami-Dade County, FL 33030

18720 SW 305 TER, Miami-Dade County, FL 33030 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2002 with 1,329 square feet of living space on a 12,541 square foot lot. The property is currently owned by ISMAEL HERNANDEZ, 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 2002-02-01 for $85,000. The property sold for $685,000 less than the prior sale of $770,000 on 1995-04-01. The 2025 assessed value is $153,458 with a market value of $495,184.

This breaks down to $230,472 for the land and $264,712 for the building. The assessed value increased 3% from $149,134 in 2024. The property has the following tax exemptions: homestead.

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 1995 to 2002, with 2 recorded transactions in the public record.

The current assessed value represents 181% 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 $64 per square foot — a key metric for comparing value across the area's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2024114145 building F $42,080
C2024049483 building F $5,000
C2024036785 building F $7,000

Current Owner

ISMAEL HERNANDEZ
18720 SW 305 TERR, HOMESTEAD, FL, 33030-3891
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$102,292
Median Home Value$536,300
Pop. Density889/sq mi

Neighborhood 18720

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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