710 NE 87 ST, Miami, FL 33138

Parcel: 0132060281120 · Multifamily 2-9 Units · 2 Living Units · Zoning: 4600

Assessed Value (2025)
$639,293

Property Details

Beds
3
Baths
2
Living Sqft
1,709
Year Built
1937
Lot Sqft
7,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$355,000
2015-09-16
AARON MICHAEL NISKINJOHN PENALOSA
2
$490,000+38%
2020-10-16
JOHN PENALOSA ANDRES ALEJANDRO CARVALLO MOST
3
$950,000+94%
2023-11-22
ANDRES ALEJANDRO CARVALLO MOSTDITTE VANGSGAARD OLESEN
4
$950,000
2023-12-04

Tax Assessment History

$639,293
Assessed (2025)
$728,774
Market Value
$588,571
Taxable Value
$11,983
Annual Tax
2024
$632,828
$731,339
2025
$639,293
$728,774
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $639,293 $728,774 $588,571 $11,983
2024 $632,828 $731,339 $582,828 $11,866

About 710 NE 87 ST, Miami, FL 33138

710 NE 87 ST, Miami, FL 33138 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1937 with 1,709 square feet of living space on a 7,000 square foot lot. The property is currently owned by DITTE VANGSGAARD OLESEN, 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 2023-12-04 for $950,000. There are 4 recorded sales for this property. The 2025 assessed value is $639,293 with a market value of $728,774.

This breaks down to $525,000 for the land and $203,774 for the building. The assessed value increased 1% from $632,828 in 2024. The property has the following tax exemptions: homestead.

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 $535,266 recorded against this property.

710 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 2015 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 67% 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 $556 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

DITTE VANGSGAARD OLESEN
710 NE 87TH ST, MIAMI, FL, 33138
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$8,071 — $14,864
Flood $400 — $800
Property/Wind $7,671 — $14,064

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
$550,000
~$535,266 bal.
CORNERSTONE FIRST MORTGAGE INC · 2023-12-04
Est. Total Balance $535,266
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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