16800 SW 88 ST, The Hammocks, FL 33196

16800 SW 88 ST, The Hammocks, FL 33196 is a community shopping center : retail outlet built in 1999 with 90,180 square feet of living space on a 410,878 square foot lot. The property is currently owned by PARADISE LAKES STATION LLC C/O THE PHILLIPS EDISON GROUP LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2013-11-07 for $13,450,000, when US RETAIL INCOME FUND V LP sold to PARADISE LAKES STATION LLC. The property has appreciated $1,562,800 (13%) since the prior sale of $11,887,200 on 1999-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $15,000,000 with a market value of $15,000,000. This breaks down to $12,326,340 for the land and $2,673,660 for the building. The assessed value increased 1% from $14,860,000 in 2024.

The median household income in this area is $86,795, and the median home value is $453,900. The population density is 3,241 people per square mile. This property currently has 3 open code violations on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 16800 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 1997 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 112% of the most recent sale price. There are 5 active building permits on this property with a combined estimated cost of $80,104, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $149 per square foot — a key metric for comparing value across The Hammocks's real estate market..