1200 NE 87 ST, Miami, FL 33138

1200 NE 87 ST, Miami, FL 33138 is a 6-bedroom, 7.5-bathroom residential - single family : 1 unit built in 2023 with 4,931 square feet of living space on a 10,300 square foot lot. The property is currently owned by 1200 NE 87TH HOLDINGS 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 2022-02-18 for $2,750,000, when SRP INVESTMENTS GROUP LLC sold to 1200 NE 87TH HOLDINGS LLC. The property has appreciated $1,875,000 (214%) since the prior sale of $875,000 on 2020-07-10. There are 3 recorded sales for this property.

The 2025 assessed value is $3,828,222 with a market value of $3,828,222. This breaks down to $1,705,474 for the land and $2,122,748 for the building. The assessed value decreased 0% from $3,843,553 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 $5,326,662 recorded against this property.

1200 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 2012 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 139% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $558 per square foot — a key metric for comparing value across Miami's real estate market..