8550 SW 109 AVE 5-121, Kendall, FL 33173

Parcel: 3040310531200 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$201,261

Property Details

Beds
2
Baths
2
Living Sqft
1,140
Year Built
1969
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$115,100
2018-06-19
COURYARDS AT KENDALL NATIONSTAR MORTGAGE LLC
2
$133,700+16%
2018-07-27
NATIONSTAR MORTGAGE LLCO02 INVESTMENT CORP
3
$185,000+38%
2018-12-07
O02 INVESTMENT CORPBASSEM BALAA

Tax Assessment History

$201,261
Assessed (2025)
$215,238
Market Value
$201,261
Taxable Value
$4,098
Annual Tax
2024
$182,965
$231,439
2025
$201,261
$215,238
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $201,261 $215,238 $201,261 $4,098
2024 $182,965 $231,439 $182,965 $3,725

About 8550 SW 109 AVE 5-121, Kendall, FL 33173

8550 SW 109 AVE 5-121, Kendall, FL 33173 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1969 with 1,140 square feet of living space. The property is currently owned by BASSEM BALAA JIHANE MRAD, 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 2018-12-07 for $185,000, when O02 INVESTMENT CORP sold to BASSEM BALAA. The property has appreciated $51,300 (38%) since the prior sale of $133,700 on 2018-07-27. There are 3 recorded sales for this property.

The 2025 assessed value is $201,261 with a market value of $215,238. The assessed value increased 10% from $182,965 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $51,771, and the median home value is $248,700. The population density is 20,306 people per square mile.

8550 SW 109 AVE 5-121, Kendall, FL 33173 is located in Kendall, Florida. Property records, tax assessments, sales history, and ownership information for this Kendall property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 109% of the most recent sale price. Based on the most recent sale, this property traded at $162 per square foot — a key metric for comparing value across Kendall's real estate market..

Current Owner

BASSEM BALAA JIHANE MRAD
8550 SW 109 AVE # 5 121, MIAMI, FL, 33173
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,815 — $5,227
Flood $400 — $800
Property/Wind $2,415 — $4,427

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$51,771
Median Home Value$248,700
Pop. Density20,306/sq mi

Neighborhood 33173

61.1%
Owner-Occ
38.9%
Investor
139
Flips (4yr)
3,560
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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