18961 SW 318 TER, Miami-Dade County, FL 33030

18961 SW 318 TER, Miami-Dade County, FL 33030 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 2016 with 2,137 square feet of living space on a 6,298 square foot lot. The property is currently owned by MARIO JESUS MELENDEZ, 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 2021-09-22 for $129,100, when MARIO JESUS MELENDEZ SIERRA sold to MARIO JESUS MELENDEZ . The property sold for $147,900 less than the prior sale of $277,000 on 2017-03-31. There are 3 recorded sales for this property.

The 2025 assessed value is $459,266 with a market value of $459,266. This breaks down to $141,427 for the land and $317,839 for the building. The assessed value increased 4% from $439,534 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $55,588, and the median home value is $292,500. The population density is 5,322 people per square mile.

There are active mortgage liens totaling $253,500 recorded against this property. The complete ownership history of this property spans from 2016 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 356% 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 $60 per square foot — a key metric for comparing value across the area's real estate market..