18640 SW 297 TER, Miami-Dade County, FL 33030

18640 SW 297 TER, Miami-Dade County, FL 33030 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1993 with 3,325 square feet of living space on a 42,618 square foot lot. The property is currently owned by BENJAMIN ROLDAN &W IVETTE N, 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 1994-01-01 for $150,400. The property has appreciated $105,400 (234%) since the prior sale of $45,000 on 1993-05-01. The 2025 assessed value is $240,555 with a market value of $761,418.

This breaks down to $338,090 for the land and $423,328 for the building. The assessed value increased 3% from $233,776 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $117,733, and the median home value is $364,400.

The population density is 2,462 people per square mile. The complete ownership history of this property spans from 1993 to 1994, 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 $45 per square foot — a key metric for comparing value across the area's real estate market..