8827 SW 123 CT 309, Kendall West, FL 33186

Parcel: 3059010600750 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$71,926

Property Details

Beds
2
Baths
2
Living Sqft
1,005
Year Built
1987
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$59,200
1987-11-01
2
$83,000+40%
2000-01-01
3
$140,000+69%
2009-04-30
PAULA JARAMILLOALEJANDRO ALVAREZ

Tax Assessment History

$71,926
Assessed (2025)
$247,901
Market Value
$25,000
Taxable Value
$509
Annual Tax
2024
$69,899
$266,560
2025
$71,926
$247,901
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $71,926 $247,901 $25,000 $509
2024 $69,899 $266,560 $25,000 $509

About 8827 SW 123 CT 309, Kendall West, FL 33186

8827 SW 123 CT 309, Kendall West, FL 33186 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1987 with 1,005 square feet of living space. The property is currently owned by ALEJANDRO ALVAREZ, 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 2009-04-30 for $140,000, when PAULA JARAMILLO sold to ALEJANDRO ALVAREZ. The property has appreciated $57,000 (69%) since the prior sale of $83,000 on 2000-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $71,926 with a market value of $247,901. The assessed value increased 3% from $69,899 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $55,308, and the median home value is $397,300.

The population density is 7,359 people per square mile. 8827 SW 123 CT 309, Kendall West, FL 33186 is located in Kendall West, Florida. Property records, tax assessments, sales history, and ownership information for this Kendall West property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1987 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 51% 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 $139 per square foot — a key metric for comparing value across Kendall West's real estate market..

Current Owner

ALEJANDRO ALVAREZ
8827 SW 123 CT #309, MIAMI, FL, 33186
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$55,308
Median Home Value$397,300
Pop. Density7,359/sq mi

Neighborhood 33186

36.8%
Owner-Occ
63.2%
Investor
25
Flips (4yr)
1,539
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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