8515 SW 116 ST, Pinecrest, FL 33156

8515 SW 116 ST, Pinecrest, FL 33156 is a 4-bedroom, 5.5-bathroom residential - single family : 1 unit built in 2023 with 5,998 square feet of living space on a 46,391 square foot lot. The property is currently owned by JOSE ALMIRALL LAURA SALOM, 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 2020-06-23 for $820,000, when DANIEL SABAG sold to JOSE ALMIRALL. The property has appreciated $142,000 (21%) since the prior sale of $678,000 on 2018-01-22. There are 3 recorded sales for this property.

The 2025 assessed value is $3,484,426 with a market value of $3,713,040. This breaks down to $1,345,339 for the land and $2,367,701 for the building. The assessed value increased 3% from $3,386,226 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $88,750, and the median home value is $654,300. The population density is 2,420 people per square mile.

There are active mortgage liens totaling $1,838,560 recorded against this property. 8515 SW 116 ST, Pinecrest, FL 33156 is located in Pinecrest, Florida. Property records, tax assessments, sales history, and ownership information for this Pinecrest property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2010 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 425% 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 $137 per square foot — a key metric for comparing value across Pinecrest's real estate market..