506 NW 87 AVE 201, Sweetwater, FL 33172

Parcel: 3040040250140 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$195,109

Property Details

Beds
1
Baths
1.5
Living Sqft
839
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2000-01-01
2
$100non-market transfer
2014-11-11
MONICA MARTINEZMONICA MARTINEZ
3
$219,000
2023-03-03
MONICA MARTINEZGUILLERMO FERNANDEZ
4
$219,000
2023-05-19

Tax Assessment History

$195,109
Assessed (2025)
$195,109
Market Value
$195,109
Taxable Value
$3,972
Annual Tax
2024
$185,818
2025
$195,109
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $195,109 $195,109 $195,109 $3,972
2024 $185,818 $185,818 $185,818 $3,783

About 506 NW 87 AVE 201, Sweetwater, FL 33172

506 NW 87 AVE 201, Sweetwater, FL 33172 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1974 with 839 square feet of living space. The property is currently owned by GUILLERMO FERNANDEZ, 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 2023-05-19 for $219,000. There are 4 recorded sales for this property. The 2025 assessed value is $195,109 with a market value of $195,109.

The assessed value increased 5% from $185,818 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 $51,103, and the median home value is $236,800. The population density is 23,799 people per square mile. There are active mortgage liens totaling $158,671 recorded against this property.

506 NW 87 AVE 201, 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 2000 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $261 per square foot — a key metric for comparing value across Sweetwater's real estate market..

Current Owner

GUILLERMO FERNANDEZ
11173 NW 7 ST 201, MIAMI, FL, 33172
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,351 — $4,311
Flood $400 — $800
Property/Wind $1,951 — $3,511

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$51,103
Median Home Value$236,800
Pop. Density23,799/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
$164,250
~$158,671 bal.
ROCKET MORTGAGE LLC · 2023-05-19
Est. Total Balance $158,671
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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