21250 NE 8 PL 5, Ives Estates, FL 33179

Parcel: 3012311170050 · Residential · Condominium - Residential · Zoning: 3700

Assessed Value (2025)
$192,236

Property Details

Beds
2
Baths
2.5
Living Sqft
1,040
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2003-01-01
2
$94,000
2003-03-01
3
$73,500-22%
2012-08-28
MARLENE THOMASGUSTAVO RESTREPO

Tax Assessment History

$192,236
Assessed (2025)
$242,200
Market Value
$192,236
Taxable Value
$3,914
Annual Tax
2024
$174,760
$242,200
2025
$192,236
$242,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $192,236 $242,200 $192,236 $3,914
2024 $174,760 $242,200 $174,760 $3,558

About 21250 NE 8 PL 5, Ives Estates, FL 33179

21250 NE 8 PL 5, Ives Estates, FL 33179 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1998 with 1,040 square feet of living space. The property is currently owned by GUSTAVO RESTREPO, 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 2012-08-28 for $73,500, when MARLENE THOMAS sold to GUSTAVO RESTREPO. The property sold for $20,500 less than the prior sale of $94,000 on 2003-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $192,236 with a market value of $242,200. The assessed value increased 10% from $174,760 in 2024. This property is located in FEMA Flood Zone A, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $73,235, and the median home value is $319,700. The population density is 7,673 people per square mile.

21250 NE 8 PL 5, Ives Estates, FL 33179 is located in Ives Estates, Florida. Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2003 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 262% 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 $71 per square foot — a key metric for comparing value across Ives Estates's real estate market..

Current Owner

GUSTAVO RESTREPO
4498 SW 125 LN, MIAMI, FL, 33027
Since: 2026-03-29
View owner profile →

Flood Zone

Zone A
Special Flood Hazard Area

Est. Annual Insurance

$1,937 — $3,800
Flood $400 — $800
Property/Wind $1,537 — $3,000

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$73,235
Median Home Value$319,700
Pop. Density7,673/sq mi

Neighborhood 21250

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →
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