8986 NW 188 TER, Miami-Dade County, FL 33018

8986 NW 188 TER, Miami-Dade County, FL 33018 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1994 with 2,344 square feet of living space on a 6,291 square foot lot. The property is currently owned by YOLENSIS ESPINOSA, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-01-28 for $705,000. There are 4 recorded sales for this property. The 2025 assessed value is $237,156 with a market value of $589,428.

This breaks down to $286,240 for the land and $303,188 for the building. The assessed value increased 3% from $230,473 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, 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 $150,764, and the median home value is $536,400.

The population density is 179 people per square mile. There are active mortgage liens totaling $660,033 recorded against this property. The complete ownership history of this property spans from 1994 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 34% 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 $301 per square foot — a key metric for comparing value across the area's real estate market..