840 NW 87 AVE 501, Sweetwater, FL 33172

Parcel: 3030540090250 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$66,851

Property Details

Beds
2
Baths
1.5
Living Sqft
1,036
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$24,200
1972-10-01
2
$43,000+78%
1994-01-01
3
$55,000+28%
1998-04-01

Tax Assessment History

$66,851
Assessed (2025)
$223,223
Market Value
$25,000
Taxable Value
$509
Annual Tax
2024
$64,967
$234,972
2025
$66,851
$223,223
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $66,851 $223,223 $25,000 $509
2024 $64,967 $234,972 $25,000 $509

About 840 NW 87 AVE 501, Sweetwater, FL 33172

840 NW 87 AVE 501, Sweetwater, FL 33172 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1972 with 1,036 square feet of living space. The property is currently owned by PEDRO RODRIGUEZ & ELDRY DEARRIBA, 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 1998-04-01 for $55,000. The property has appreciated $12,000 (28%) since the prior sale of $43,000 on 1994-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $66,851 with a market value of $223,223. The assessed value increased 3% from $64,967 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. 840 NW 87 AVE 501, 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 1972 to 1998, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $53 per square foot — a key metric for comparing value across Sweetwater's real estate market..

Current Owner

PEDRO RODRIGUEZ & ELDRY DEARRIBA
840 NW 87 AVE #501, MIAMI, FL, 33172-3437
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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$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 →
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