6031 SW 88 ST, South Miami, FL 33156

Parcel: 0940360670040 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$1,616,009

Property Details

Beds
5
Baths
6
Living Sqft
6,767
Year Built
1982
Lot Sqft
16,687
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2002-01-01
2
$485,000
2002-05-01
3
$7,000,000+1343%
2025-06-26
RAFAEL A BARBA &W VERONICAGREG HERSKOWITZ TRS
4
$7,000,000
2025-07-08
5
$7,350,000+5%
2026-04-15
GREG HERSKOWITZ TRSDEBRA ANN BRAILFORD TRS

Tax Assessment History

$1,616,009
Assessed (2025)
$2,464,599
Market Value
$1,565,287
Taxable Value
$31,868
Annual Tax
2024
$1,570,466
$2,114,413
2025
$1,616,009
$2,464,599
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,616,009 $2,464,599 $1,565,287 $31,868
2024 $1,570,466 $2,114,413 $1,520,466 $30,955

About 6031 SW 88 ST, South Miami, FL 33156

6031 SW 88 ST, South Miami, FL 33156 is a 5-bedroom, 6-bathroom residential - single family : 1 unit built in 1982 with 6,767 square feet of living space on a 16,687 square foot lot. The property is currently owned by DEBRA ANN BRAILFORD TRS DEBRA ANN BRAILFORD REV TRUST, recorded as of 2026-05-31. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-04-15 for $7,350,000, when GREG HERSKOWITZ TRS sold to DEBRA ANN BRAILFORD TRS. The property has appreciated $350,000 (5%) since the prior sale of $7,000,000 on 2025-07-08. There are 5 recorded sales for this property.

The 2025 assessed value is $1,616,009 with a market value of $2,464,599. This breaks down to $1,251,525 for the land and $1,213,074 for the building. The assessed value increased 3% from $1,570,466 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.

There are active mortgage liens totaling $4,941,180 recorded against this property. 6031 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 2026, with 5 recorded transactions in the public record. The current assessed value represents 22% 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 $1086 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

DEBRA ANN BRAILFORD TRS DEBRA ANN BRAILFORD REV TRUST
6031 SW 88 ST, SOUTH MIAMI, FL, 33156
Since: 2026-05-31
View owner profile →

People Behind This Entity

Est. Annual Insurance

$16,560 — $29,888
Flood $400 — $800
Property/Wind $16,160 — $29,088

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$103,814
Median Home Value$950,800
Pop. Density4,496/sq mi

Neighborhood 33156

53.3%
Owner-Occ
46.7%
Investor
201
Flips (4yr)
5,034
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE 5.75% rate
$5,000,000
~$4,941,180 bal.
JPMORGAN CHASE BANK NA · 2025-07-08
Est. Total Balance $4,941,180
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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