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

881 NE 88 ST, Miami-Dade County, FL 33138 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1955 with 1,698 square feet of living space on a 15,841 square foot lot. The property is currently owned by TERRA URBANA 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 2012-08-24 for $175,000, when IVAN B MARTIN sold to TERRA URBANA LLC. The property has appreciated $174,600 (43650%) since the prior sale of $400 on 2012-01-17. There are 3 recorded sales for this property.

The 2025 assessed value is $508,649 with a market value of $695,321. This breaks down to $554,435 for the land and $140,886 for the building. The assessed value increased 19% from $428,742 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. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 2007 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 291% 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. There are 2 active building permits on this property with a combined estimated cost of $1,500, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $103 per square foot — a key metric for comparing value across the area's real estate market..