718 NE 87 ST, Miami, FL 33138

Parcel: 0132060281110 · Multifamily 2-9 Units · 2 Living Units · Zoning: 4600

Assessed Value (2025)
$624,417

Property Details

Beds
3
Baths
2
Living Sqft
1,790
Year Built
1937
Lot Sqft
7,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$100non-market transfer
2014-06-09
IPANEMA SURFING INCIPANEMA SHORE CREST LLC
2
$570,000
2020-08-31
IPANEMA SHORE CREST LLCKELLI S WALKER
3
$900,000+58%
2025-03-10
KELLI S WALKERJASON TREVOR RODRIGUEZ
4
$900,000
2025-03-14

Tax Assessment History

$624,417
Assessed (2025)
$699,463
Market Value
$624,417
Taxable Value
$12,713
Annual Tax
2024
$567,652
$701,644
2025
$624,417
$699,463
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $624,417 $699,463 $624,417 $12,713
2024 $567,652 $701,644 $567,652 $11,557

About 718 NE 87 ST, Miami, FL 33138

718 NE 87 ST, Miami, FL 33138 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1937 with 1,790 square feet of living space on a 7,000 square foot lot. The property is currently owned by JASON TREVOR RODRIGUEZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-03-14 for $900,000. There are 4 recorded sales for this property. The 2025 assessed value is $624,417 with a market value of $699,463.

This breaks down to $525,000 for the land and $174,463 for the building. The assessed value increased 10% from $567,652 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. There are active mortgage liens totaling $755,264 recorded against this property. 718 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 2014 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 69% 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 $503 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JASON TREVOR RODRIGUEZ
718 NE 87 ST, MIAMI, FL, 33138
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$7,893 — $14,537
Flood $400 — $800
Property/Wind $7,493 — $13,737

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
View full risk analysis →

Mortgages

ACTIVE
$765,000
~$755,264 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-03-14
Est. Total Balance $755,264
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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