18987 SW 308 ST, Miami-Dade County, FL 33030

Parcel: 3078110200140 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$516,660

Property Details

Beds
4
Baths
3
Living Sqft
1,950
Year Built
2005
Lot Sqft
12,743
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$1,456,000
2004-01-01
2
$270,000-81%
2005-06-01
3
$333,000+23%
2018-05-03
ARMANDO SOCARRASMIGUEL SELVA

Tax Assessment History

$516,660
Assessed (2025)
$516,660
Market Value
$516,660
Taxable Value
$10,519
Annual Tax
2024
$324,842
$506,476
2025
$516,660
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $516,660 $516,660 $516,660 $10,519
2024 $324,842 $506,476 $274,842 $5,596

About 18987 SW 308 ST, Miami-Dade County, FL 33030

18987 SW 308 ST, Miami-Dade County, FL 33030 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 2005 with 1,950 square feet of living space on a 12,743 square foot lot. The property is currently owned by MIGUEL SELVA EST OF, 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 2018-05-03 for $333,000, when ARMANDO SOCARRAS sold to MIGUEL SELVA. The property has appreciated $63,000 (23%) since the prior sale of $270,000 on 2005-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $516,660 with a market value of $516,660. This breaks down to $202,647 for the land and $314,013 for the building. The assessed value increased 59% from $324,842 in 2024.

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. There are active mortgage liens totaling $52,875 recorded against this property.

This property currently has 2 open code violations on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 2004 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 155% 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 $171 per square foot — a key metric for comparing value across the area's real estate market..

Code Violations 2 open

20250241069 open
2025-08-20
20190195768 open
2019-01-09

Distress Signals

  • 2 open code violations

Current Owner

MIGUEL SELVA EST OF
18987 SW 308 ST, HOMESTEAD, FL, 33030
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,499 — $5,966
Flood $400 — $800
Property/Wind $3,099 — $5,166

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 18987

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →

Mortgages

ACTIVE
$56,909
~$52,875 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-10-05
Est. Total Balance $52,875
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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