506 NW 87 AVE 301, Sweetwater, FL 33172

Parcel: 3040040250270 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$184,336

Property Details

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

Sales History

1
$48,000
1995-12-01
2
$77,500+61%
2012-03-07
LUIS HERRERAAMLAKI INVESTMENTS 1 LLC
3
$98,000+26%
2013-05-03
AMLAKI INVESTMENTS 1 LLCBERTA M PELEGRINO

Tax Assessment History

$184,336
Assessed (2025)
$195,109
Market Value
$184,336
Taxable Value
$3,753
Annual Tax
2024
$167,579
$185,818
2025
$184,336
$195,109
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $184,336 $195,109 $184,336 $3,753
2024 $167,579 $185,818 $167,579 $3,412

About 506 NW 87 AVE 301, Sweetwater, FL 33172

506 NW 87 AVE 301, 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 BERTA M PELEGRINO, 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 2013-05-03 for $98,000, when AMLAKI INVESTMENTS 1 LLC sold to BERTA M PELEGRINO. The property has appreciated $20,500 (26%) since the prior sale of $77,500 on 2012-03-07. There are 3 recorded sales for this property.

The 2025 assessed value is $184,336 with a market value of $195,109. The assessed value increased 10% from $167,579 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.

506 NW 87 AVE 301, 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 1995 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 188% 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 $117 per square foot — a key metric for comparing value across Sweetwater's real estate market..

Current Owner

BERTA M PELEGRINO
506 NW 87 AVE #301, MIAMI, FL, 33172
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,243 — $4,118
Flood $400 — $800
Property/Wind $1,843 — $3,318

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 →
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