1232 NE 88 ST, Miami-Dade County, FL 33138

Parcel: 3032050060250 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,054,069

Property Details

Beds
3
Baths
2
Living Sqft
2,352
Year Built
1950
Lot Sqft
8,632
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1992-06-01
2
$100non-market transfer
2017-03-13
RAYMOND E SMITH RAYMOND EDWARD SMITH
3
$863,000
2021-07-30
RAYMOND EDWARD SMITHSK FLORIDA HOMES LLC

Tax Assessment History

$1,054,069
Assessed (2025)
$1,263,808
Market Value
$1,054,069
Taxable Value
$21,460
Annual Tax
2024
$958,245
$1,237,000
2025
$1,054,069
$1,263,808
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,054,069 $1,263,808 $1,054,069 $21,460
2024 $958,245 $1,237,000 $958,245 $19,509

About 1232 NE 88 ST, Miami-Dade County, FL 33138

1232 NE 88 ST, Miami-Dade County, FL 33138 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 2,352 square feet of living space on a 8,632 square foot lot. The property is currently owned by SK FLORIDA HOMES LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-07-30 for $863,000, when RAYMOND EDWARD SMITH sold to SK FLORIDA HOMES LLC. The property has appreciated $862,900 (862900%) since the prior sale of $100 on 2017-03-13. There are 3 recorded sales for this property.

The 2025 assessed value is $1,054,069 with a market value of $1,263,808. This breaks down to $820,040 for the land and $443,768 for the building. The assessed value increased 10% from $958,245 in 2024.

The median household income in this area is $109,792, and the median home value is $688,300. The population density is 6,583 people per square mile. The complete ownership history of this property spans from 1992 to 2021, 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 $367 per square foot — a key metric for comparing value across the area's real estate market..

Current Owner

SK FLORIDA HOMES LLC
2200 BISCAYNE BLVD, MIAMI, FL, 33137
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$13,048 — $23,989
Flood $400 — $800
Property/Wind $12,648 — $23,189

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$109,792
Median Home Value$688,300
Pop. Density6,583/sq mi

Neighborhood 33138

48.5%
Owner-Occ
51.5%
Investor
305
Flips (4yr)
6,055
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →
Zoom in to see property sales