5031 SW 87 AVE, Tamiami, FL 33165

Parcel: 3040220180230 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$176,007

Property Details

Beds
3
Baths
2
Living Sqft
1,921
Year Built
1963
Lot Sqft
14,400
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2003-05-01
2
$445,000
2003-09-01

Tax Assessment History

$176,007
Assessed (2025)
$1,245,290
Market Value
$125,285
Taxable Value
$2,551
Annual Tax
2024
$171,047
$1,264,327
2025
$176,007
$1,245,290
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $176,007 $1,245,290 $125,285 $2,551
2024 $171,047 $1,264,327 $121,047 $2,464

About 5031 SW 87 AVE, Tamiami, FL 33165

5031 SW 87 AVE, Tamiami, FL 33165 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1963 with 1,921 square feet of living space on a 14,400 square foot lot. The property is currently owned by FERNANDO MENENDEZ &W MAGALY, 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 2003-09-01 for $445,000. The 2025 assessed value is $176,007 with a market value of $1,245,290. This breaks down to $976,000 for the land and $269,290 for the building.

The assessed value increased 3% from $171,047 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $153,381, and the median home value is $561,700.

The population density is 2,929 people per square mile. 5031 SW 87 AVE, Tamiami, FL 33165 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 2003 to 2003, with 2 recorded transactions in the public record. The current assessed value represents 40% 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 $232 per square foot — a key metric for comparing value across Tamiami's real estate market..

Current Owner

FERNANDO MENENDEZ &W MAGALY
5031 SW 87 AVE, MIAMI, FL, 33165-6730
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,512 — $4,672
Flood $400 — $800
Property/Wind $2,112 — $3,872

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$153,381
Median Home Value$561,700
Pop. Density2,929/sq mi

Neighborhood 33165

68.9%
Owner-Occ
31.1%
Investor
219
Flips (4yr)
5,560
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
Zoom in to see property sales