840 NW 87 AVE 403, Sweetwater, FL 33172

Parcel: 3030540090210 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$175,211

Property Details

Beds
2
Baths
2
Living Sqft
1,026
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$51,000
1997-04-01
2
$58,900+15%
1999-07-01
3
$200,000+240%
2021-09-22
JORGE MERCADO &W ALBAMICHAEL ANGELO MERCADO

Tax Assessment History

$175,211
Assessed (2025)
$223,223
Market Value
$124,489
Taxable Value
$2,534
Annual Tax
2024
$170,274
$234,972
2025
$175,211
$223,223
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $175,211 $223,223 $124,489 $2,534
2024 $170,274 $234,972 $120,274 $2,449

About 840 NW 87 AVE 403, Sweetwater, FL 33172

840 NW 87 AVE 403, Sweetwater, FL 33172 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1972 with 1,026 square feet of living space. The property is currently owned by MICHAEL ANGELO MERCADO, 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 2021-09-22 for $200,000, when JORGE MERCADO &W ALBA sold to MICHAEL ANGELO MERCADO . The property has appreciated $141,100 (240%) since the prior sale of $58,900 on 1999-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $175,211 with a market value of $223,223. The assessed value increased 3% from $170,274 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $52,857, and the median home value is $243,200.

The population density is 19,958 people per square mile. There are active mortgage liens totaling $66,212 recorded against this property. 840 NW 87 AVE 403, Sweetwater, FL 33172 is located in Sweetwater, Florida.

Property records, tax assessments, sales history, and ownership information for this Sweetwater property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1997 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 88% of the most recent sale price.

Based on the most recent sale, this property traded at $195 per square foot — a key metric for comparing value across Sweetwater's real estate market..

Current Owner

MICHAEL ANGELO MERCADO
840 NW 87 AVE 403, MIAMI, FL, 33172
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,152 — $3,953
Flood $400 — $800
Property/Wind $1,752 — $3,153

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$52,857
Median Home Value$243,200
Pop. Density19,958/sq mi

Neighborhood 33172

19.3%
Owner-Occ
80.7%
Investor
760
Flips (4yr)
7,945
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$70,000
~$66,212 bal.
GUARANTY HOME MORTGAGE CORP · 2021-10-01
Est. Total Balance $66,212
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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