15700 SW 88 ST, The Hammocks, FL 33196

15700 SW 88 ST, The Hammocks, FL 33196 is a store : retail outlet built in 1997 with 10,972 square feet of living space on a 44,257 square foot lot. The property is currently owned by GATOR 15700 SW 88TH ST LAND LLC, 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 2022-12-28 for $600,000. The property sold for $4,850,000 less than the prior sale of $5,450,000 on 2022-12-28. There are 5 recorded sales for this property.

The 2025 assessed value is $4,200,000 with a market value of $4,200,000. This breaks down to $1,991,565 for the land and $2,208,435 for the building. The assessed value increased 5% from $4,000,000 in 2024.

The median household income in this area is $85,570, and the median home value is $409,800. The population density is 9,628 people per square mile. 15700 SW 88 ST, The Hammocks, FL 33196 is located in The Hammocks, Florida.

Property records, tax assessments, sales history, and ownership information for this The Hammocks property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1996 to 2022, with 5 recorded transactions in the public record. The current assessed value represents 700% 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. There is 1 active building permit on this property with a combined estimated cost of $50,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $55 per square foot — a key metric for comparing value across The Hammocks's real estate market..