518 SW 88 PL E, Tamiami, FL 33174

Parcel: 3040040661070 · Residential - Single Family · Cluster Home · Zoning: 2800

Assessed Value (2025)
$185,872

Property Details

Beds
3
Baths
2
Living Sqft
1,408
Year Built
1987
Lot Sqft
4,417
Stories
1
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$87,500
1987-04-01
2
$100non-market transfer
2018-08-14
RAQUEL MARRERORAQUEL MARRERO LE
3
$710,000
2025-01-25
RAQUEL MARRERO LEMANUEL ALFREDO GALGUERA
4
$710,000
2025-02-04

Tax Assessment History

$185,872
Assessed (2025)
$503,324
Market Value
$0
Taxable Value
2024
$180,634
$467,931
2025
$185,872
$503,324
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $185,872 $503,324 $0
2024 $180,634 $467,931 $0

About 518 SW 88 PL E, Tamiami, FL 33174

518 SW 88 PL E, Tamiami, FL 33174 is a 3-bedroom, 2-bathroom residential - single family : cluster home built in 1987 with 1,408 square feet of living space on a 4,417 square foot lot. The property is currently owned by MANUEL ALFREDO GALGUERA FRANCISCA ALONSO LOTTI, 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 2025-02-04 for $710,000. There are 4 recorded sales for this property. The 2025 assessed value is $185,872 with a market value of $503,324.

This breaks down to $278,138 for the land and $225,186 for the building. The assessed value increased 3% from $180,634 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 $559,704 recorded against this property. 518 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 1987 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 26% 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 $504 per square foot — a key metric for comparing value across Tamiami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2023161706 building F $20,000

Current Owner

MANUEL ALFREDO GALGUERA FRANCISCA ALONSO LOTTI
518 SW 88 PL, MIAMI, FL, 33174
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,258 — $4,145
Flood $400 — $800
Property/Wind $1,858 — $3,345

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
$568,000
~$559,704 bal.
PENNYMAC LOAN SERVICES LLC · 2025-02-04
Est. Total Balance $559,704
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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