5550 SW 87 ST, South Miami, FL 33143

5550 SW 87 ST, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 1,690 square feet of living space on a 15,180 square foot lot. The property is currently owned by ALBERT DIAZ-SILVEIRA &W AIDA, 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 2003-05-01 for $553,333. The property has appreciated $503,833 (1018%) since the prior sale of $49,500 on 1971-09-01. The 2025 assessed value is $622,717 with a market value of $1,798,837.

This breaks down to $1,487,640 for the land and $311,197 for the building. The assessed value increased 3% from $605,168 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $163,750, and the median home value is $1,138,600. The population density is 2,919 people per square mile. There are active mortgage liens totaling $664,721 recorded against this property.

5550 SW 87 ST, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1971 to 2003, with 2 recorded transactions in the public record.

The current assessed value represents 113% of the most recent sale price. Based on the most recent sale, this property traded at $327 per square foot — a key metric for comparing value across South Miami's real estate market..