500 SW 88 PL E, Tamiami, FL 33174

Parcel: 3040040660670 · Residential - Single Family · Cluster Home · Zoning: 2800

Assessed Value (2025)
$408,794

Property Details

Beds
3
Baths
2
Living Sqft
1,372
Year Built
1986
Lot Sqft
4,482
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$100non-market transfer
2009-02-10
LEA M CASTANDEARAMON CASTANEDA
2
$71,600
2024-06-24
RAMON CASTANEDAEXCELLENCE HOUSE LLC
3
$71,600
2024-06-25
4
$650,000+808%
2024-12-20
EXCELLENCE HOUSE LLCAHMED TAMAYO
5
$650,000
2025-01-09

Tax Assessment History

$408,794
Assessed (2025)
$503,642
Market Value
$358,072
Taxable Value
$7,290
Annual Tax
2024
$389,108
$467,922
2025
$408,794
$503,642
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $408,794 $503,642 $358,072 $7,290
2024 $389,108 $467,922 $389,108 $7,922

About 500 SW 88 PL E, Tamiami, FL 33174

500 SW 88 PL E, Tamiami, FL 33174 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1986 with 1,372 square feet of living space on a 4,482 square foot lot. The property is currently owned by AHMED TAMAYO YAIMA CASTELLON GARCIA, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-01-09 for $650,000. There are 5 recorded sales for this property. The 2025 assessed value is $408,794 with a market value of $503,642.

This breaks down to $280,575 for the land and $223,067 for the building. The assessed value increased 5% from $389,108 in 2024. The property has the following tax exemptions: homestead.

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 $86,760, and the median home value is $372,600.

The population density is 20,232 people per square mile. There are active mortgage liens totaling $522,776 recorded against this property. 500 SW 88 PL E, 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 2009 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 63% 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 $474 per square foot — a key metric for comparing value across Tamiami's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2025150540 building F $20,505
C2025136793 building F $2,100
W2024151224 building F

Current Owner

AHMED TAMAYO YAIMA CASTELLON GARCIA
500 SW 88 PL, MIAMI, FL, 33174
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$4,487 — $8,158
Flood $400 — $800
Property/Wind $4,087 — $7,358

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$86,760
Median Home Value$372,600
Pop. Density20,232/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
$524,500
~$522,776 bal.
NEWREZ LLC · 2026-02-25
1 satisfied mortgage
SATISFIED 2025-01-09
$585,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC
Est. Total Balance $522,776
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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