10950 SW 88 ST, Kendall, FL 33176

Parcel: 3050060210020 · Office Building - Multistory · Office Building · Zoning: 6900

Assessed Value (2025)
$5,625,000

Property Details

Living Sqft
15,834
Year Built
2003
Lot Sqft
92,430
Stories
1
OFFICE BUILDING - MULTISTORY : OFFICE BUILDING

Sales History

1
$900,000
1997-11-01
2
$2,700,000+200%
1999-03-01
3
$2,835,000+5%
1999-07-01

Tax Assessment History

$5,625,000
Assessed (2025)
$5,625,000
Market Value
$5,625,000
Taxable Value
$114,520
Annual Tax
2024
$5,200,000
2025
$5,625,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,625,000 $5,625,000 $5,625,000 $114,520
2024 $5,200,000 $5,200,000 $5,200,000 $105,868

About 10950 SW 88 ST, Kendall, FL 33176

10950 SW 88 ST, Kendall, FL 33176 is a office building - multistory : office building built in 2003 with 15,834 square feet of living space on a 92,430 square foot lot. The property is currently owned by OCEAN BANK, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1999-07-01 for $2,835,000. The property has appreciated $135,000 (5%) since the prior sale of $2,700,000 on 1999-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $5,625,000 with a market value of $5,625,000. This breaks down to $3,235,050 for the land and $2,389,950 for the building. The assessed value increased 8% from $5,200,000 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 $77,212, and the median home value is $238,400.

The population density is 3,410 people per square mile. 10950 SW 88 ST, Kendall, FL 33176 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 1997 to 1999, with 3 recorded transactions in the public record. The current assessed value represents 198% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $179 per square foot — a key metric for comparing value across Kendall's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2003123132 electrical expired $115

Current Owner

OCEAN BANK
780 NW 42 AVE, MIAMI, FL, 33126-5540
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$34,150 — $57,050
Flood $400 — $800
Property/Wind $33,750 — $56,250

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$77,212
Median Home Value$238,400
Pop. Density3,410/sq mi

Neighborhood 10950

100%
Owner-Occ
0%
Investor
1,776
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →
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