20261 SW 318 ST, Miami-Dade County, FL 33030

20261 SW 318 ST, Miami-Dade County, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1972 with 1,848 square feet of living space on a 18,104 square foot lot. The property is currently owned by C J ROESSNER III &W DOROTHY, 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 1977-06-01 for $46,500. The property has appreciated $7,500 (19%) since the prior sale of $39,000 on 1974-07-01. The 2025 assessed value is $118,944 with a market value of $354,996.

This breaks down to $165,520 for the land and $189,476 for the building. The assessed value increased 3% from $115,592 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 $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 1974 to 1977, with 2 recorded transactions in the public record. The current assessed value represents 256% 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 $25 per square foot — a key metric for comparing value across the area's real estate market..