8847 NW 188 TER, Miami-Dade County, FL 33018

8847 NW 188 TER, Miami-Dade County, FL 33018 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1994 with 2,728 square feet of living space on a 5,042 square foot lot. The property is currently owned by ERNESTO HERNANDEZ TRS ERNEST BRYANT HERNANDEZ FAMILY TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2017-06-26 for $370,000, when MARY BARAQUE sold to ERNESTO HERNANDEZ TRS . The property has appreciated $211,600 (134%) since the prior sale of $158,400 on 1995-01-01. The 2025 assessed value is $566,454 with a market value of $568,237.

This breaks down to $229,410 for the land and $338,827 for the building. The assessed value increased 10% from $514,959 in 2024. 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.

The complete ownership history of this property spans from 1995 to 2017, with 2 recorded transactions in the public record. The current assessed value represents 153% 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 $136 per square foot — a key metric for comparing value across the area's real estate market..