640 NE 87 ST, Miami, FL 33138
Parcel: 0132060280880 · Parking Lot/Mobile Home Park · Parking Lot · Zoning: 4600
Assessed Value (2025)
$243,081
Sales History
1
$2,500,000
2006-01-01
2
$525,000-79%
2011-05-16
8699 BISCAYNE LLC → NOVALIS LLC
3
$1,200,000+129%
2013-08-20
NOVALIS LLC → BISCAYNE DESIGN CENTER LLC
Tax Assessment History
$243,081
Assessed (2025)
$532,500
Market Value
$243,081
Taxable Value
$4,949
Annual Tax
2024
$220,983
$532,500
2025
$243,081
$532,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $243,081 | $532,500 | $243,081 | $4,949 | $532,500 | $0 |
| 2024 | $220,983 | $532,500 | $220,983 | $4,499 | $532,500 | $0 |
About 640 NE 87 ST, Miami, FL 33138
640 NE 87 ST, Miami, FL 33138 is a property. The property is currently owned by BISCAYNE DESIGN CENTER LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2013-08-20 for $1,200,000, when NOVALIS LLC sold to BISCAYNE DESIGN CENTER LLC. The property has appreciated $675,000 (129%) since the prior sale of $525,000 on 2011-05-16. There are 3 recorded sales for this property.
The 2025 assessed value is $243,081 with a market value of $532,500. The assessed value increased 10% from $220,983 in 2024. The median household income in this area is $59,331, and the median home value is $689,400.
The population density is 9,766 people per square mile. 640 NE 87 ST, Miami, FL 33138 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.
The complete ownership history of this property spans from 2006 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 20% 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..
Current Owner
BISCAYNE DESIGN CENTER LLC
234 S COCONUT LN, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$2,830 — $5,175
Flood $400 — $800
Property/Wind $2,430 — $4,375
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$59,331
Median Home Value$689,400
Pop. Density9,766/sq mi
Neighborhood 33138
48.5%
Owner-Occ
51.5%
Investor
305
Flips (4yr)
6,055
New Biz (3yr)
Distress Risk
MODERATE
39
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