4550 NW 197 ST, Miami Gardens, FL 33055

4550 NW 197 ST, Miami Gardens, FL 33055 is a 7-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1971 with 2,286 square feet of living space on a 18,449 square foot lot. The property is currently owned by AURELIO SANCHEZ &W KERYS, 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 2006-03-01 for $290,000. The property has appreciated $258,500 (821%) since the prior sale of $31,500 on 1974-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $140,189 with a market value of $319,961. This breaks down to $285,110 for the land and $34,851 for the building. The assessed value increased 3% from $136,239 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $58,947, and the median home value is $364,400. The population density is 6,741 people per square mile. 4550 NW 197 ST, Miami Gardens, FL 33055 is located in Miami Gardens, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Gardens property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1972 to 2006, with 3 recorded transactions in the public record. The current assessed value represents 48% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $127 per square foot — a key metric for comparing value across Miami Gardens's real estate market..