5855 SW 88 ST, South Miami, FL 33156

5855 SW 88 ST, South Miami, FL 33156 is a 5-bedroom, 5-bathroom residential - single family : 1 unit built in 2007 with 4,822 square feet of living space on a 10,120 square foot lot. The property is currently owned by RONALD PENA VIRGINIA DEL ROSAL PENA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2008-12-19 for $1,200,000, when G C CUSTOM HOMES INC sold to RONALD PENA. There are 3 recorded sales for this property. The 2025 assessed value is $787,031 with a market value of $1,656,970.

This breaks down to $759,000 for the land and $897,970 for the building. The assessed value increased 3% from $764,851 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $103,814, and the median home value is $950,800. The population density is 4,496 people per square mile. 5855 SW 88 ST, South Miami, FL 33156 is located in South Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2002 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 66% 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 $249 per square foot — a key metric for comparing value across South Miami's real estate market..