2875 NW 198 ST, Miami Gardens, FL 33056

Parcel: 3421040181750 · Residential · Townhouse · Zoning: 4400

Assessed Value (2025)
$232,791

Property Details

Beds
3
Baths
2
Living Sqft
1,224
Year Built
1979
Lot Sqft
3,517
Stories
1
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$44,800
1988-12-01
2
$175,000+291%
2019-12-30
FENELLA UNDERWOODDAVID BANCEY
3
$100non-market transfer
2020-11-24
DAVID BANCEYJEFFREY BANCEY TRS

Tax Assessment History

$232,791
Assessed (2025)
$272,844
Market Value
$232,791
Taxable Value
$4,739
Annual Tax
2024
$211,629
$272,844
2025
$232,791
$272,844
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $232,791 $272,844 $232,791 $4,739
2024 $211,629 $272,844 $211,629 $4,309

About 2875 NW 198 ST, Miami Gardens, FL 33056

2875 NW 198 ST, Miami Gardens, FL 33056 is a 3-bedroom, 2-bathroom residential - total value : townhouse built in 1979 with 1,224 square feet of living space on a 3,517 square foot lot. The property is currently owned by JEFFREY BANCEY TRS JEFFREY BANCEY REV LIVING TRUST, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-11-24 for $100, when DAVID BANCEY sold to JEFFREY BANCEY TRS . The property sold for $174,900 less than the prior sale of $175,000 on 2019-12-30. There are 3 recorded sales for this property.

The 2025 assessed value is $232,791 with a market value of $272,844. The assessed value increased 10% from $211,629 in 2024. The median household income in this area is $37,407, and the median home value is $227,300.

The population density is 7,656 people per square mile. There are active mortgage liens totaling $22,974 recorded against this property. 2875 NW 198 ST, Miami Gardens, FL 33056 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 1988 to 2020, with 3 recorded transactions in the public record..

Current Owner

JEFFREY BANCEY TRS JEFFREY BANCEY REV LIVING TRUST
426 SE EASTPORT CIR, PORT SAINT LUCIE, FL, 34953
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,727 — $4,990
Flood $400 — $800
Property/Wind $2,327 — $4,190

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$37,407
Median Home Value$227,300
Pop. Density7,656/sq mi

Neighborhood 33056

64.9%
Owner-Occ
35.1%
Investor
226
Flips (4yr)
2,349
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →

Mortgages

ACTIVE
$22,974
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-12-23
Est. Total Balance $22,974
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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