8700 NW 171 TER, Miami-Dade County, FL 33018

8700 NW 171 TER, Miami-Dade County, FL 33018 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 2006 with 2,228 square feet of living space on a 10,084 square foot lot. The property is currently owned by RAFAEL H HERNANDEZ IDILIDIA PADILLA, 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 2009-11-02 for $270,000, when SUN PROPERTIES OF MIAMI INC sold to RAFAEL H HERNANDEZ. The 2025 assessed value is $365,828 with a market value of $717,832. This breaks down to $281,470 for the land and $436,362 for the building.

The assessed value increased 3% from $355,518 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 $130,625, and the median home value is $605,000. The population density is 6,402 people per square mile.

The current assessed value represents 135% 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 $121 per square foot — a key metric for comparing value across the area's real estate market..