525 SW 87 AVE, Tamiami, FL 33174

Parcel: 3040030061671 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,052,440

Property Details

Beds
4
Baths
4.5
Living Sqft
2,984
Year Built
2016
Lot Sqft
15,678
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$145,000
2011-11-18
MIGUEL ALVARADO &W ELIZABETHRICHARD G MERCADO
2
$1,200,000+728%
2022-01-05
RICHARD G MERCADO525 SW 87TH AVE LLC
3
$1,825,000+52%
2025-11-17
525 SW 87TH AVE LLCNORLEN SERRA COSME
4
$1,825,000
2025-12-04

Tax Assessment History

$1,052,440
Assessed (2025)
$1,072,432
Market Value
$1,052,440
Taxable Value
$21,427
Annual Tax
2024
$956,764
2025
$1,052,440
$1,072,432
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,052,440 $1,072,432 $1,052,440 $21,427
2024 $956,764 $956,764 $956,764 $19,479

About 525 SW 87 AVE, Tamiami, FL 33174

525 SW 87 AVE, Tamiami, FL 33174 is a 4-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2016 with 2,984 square feet of living space on a 15,678 square foot lot. The property is currently owned by NORLEN SERRA COSME, 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 2025-12-04 for $1,825,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,052,440 with a market value of $1,072,432.

This breaks down to $421,822 for the land and $650,610 for the building. The assessed value increased 10% from $956,764 in 2024. 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 $112,386, and the median home value is $578,100. The population density is 4,393 people per square mile.

There are active mortgage liens totaling $1,543,508 recorded against this property. There are 1 total code violations on record for this property, including 1 that have been resolved. 525 SW 87 AVE, Tamiami, FL 33174 is located in Tamiami, Florida.

Property records, tax assessments, sales history, and ownership information for this Tamiami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2011 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 58% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $612 per square foot — a key metric for comparing value across Tamiami's real estate market..

Code Violations

202406001114 lien
Fence, hedge, tower, MAST - Violations
2024-03-25

Current Owner

NORLEN SERRA COSME
525 SW 87 AVE, MIAMI, FL, 33174
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$6,714 — $11,324
Flood $400 — $800
Property/Wind $6,314 — $10,524

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$112,386
Median Home Value$578,100
Pop. Density4,393/sq mi

Neighborhood 33174

42.4%
Owner-Occ
57.6%
Investor
79
Flips (4yr)
3,043
New Biz (3yr)
Distress Risk
MODERATE
40
View full risk analysis →

Mortgages

ACTIVE
$1,551,250
~$1,543,508 bal.
OCMBC INC · 2025-12-04
1 satisfied mortgage
SATISFIED 2022-01-13
$900,000
SPROUT MORTGAGE LLC
Est. Total Balance $1,543,508
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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