1040 NW 197 TER, Miami Gardens, FL 33169

Parcel: 3421020050990 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$457,624

Property Details

Beds
4
Baths
3
Living Sqft
1,859
Year Built
1960
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$278,000
2006-07-01
2
$230,100-17%
2022-02-08
JOHN VALDEZUNIQUE DEVELOPMENT LLC
3
$525,000+128%
2022-09-16
UNIQUE DEVELOPMENT LLCRACIEL PEREZ BORGES
4
$525,000
2022-09-19

Tax Assessment History

$457,624
Assessed (2025)
$457,624
Market Value
$406,902
Taxable Value
$8,284
Annual Tax
2024
$485,020
2025
$457,624
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $457,624 $457,624 $406,902 $8,284
2024 $485,020 $485,020 $435,020 $8,857

About 1040 NW 197 TER, Miami Gardens, FL 33169

1040 NW 197 TER, Miami Gardens, FL 33169 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1960 with 1,859 square feet of living space on a 7,500 square foot lot. The property is currently owned by RACIEL PEREZ BORGES, 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 2022-09-19 for $525,000. There are 4 recorded sales for this property. The 2025 assessed value is $457,624 with a market value of $457,624.

This breaks down to $172,500 for the land and $285,124 for the building. The assessed value decreased 6% from $485,020 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $74,525, and the median home value is $348,000. The population density is 6,647 people per square mile. There are active mortgage liens totaling $450,610 recorded against this property.

1040 NW 197 TER, Miami Gardens, FL 33169 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 2006 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 87% of the most recent sale price. Based on the most recent sale, this property traded at $282 per square foot — a key metric for comparing value across Miami Gardens's real estate market..

Current Owner

RACIEL PEREZ BORGES
1040 NW 197 TER, MIAMI GARDENS, FL, 33169
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,891 — $10,867
Flood $400 — $800
Property/Wind $5,491 — $10,067

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$74,525
Median Home Value$348,000
Pop. Density6,647/sq mi

Neighborhood 33169

36.3%
Owner-Occ
63.7%
Investor
245
Flips (4yr)
3,706
New Biz (3yr)
Distress Risk
ELEVATED
46
View full risk analysis →

Mortgages

ACTIVE
$470,250
~$450,610 bal.
CROSSCOUNTRY MORTGAGE INC · 2022-09-19
Est. Total Balance $450,610
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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