8925 SW 162 AVE, The Hammocks, FL 33196

Parcel: 3059050290011 · Restaurant Or Cafeteria · Retail Outlet · Zoning: 6400

Assessed Value (2025)
$21,946,179

Property Details

Living Sqft
62,481
Year Built
2018
Lot Sqft
517,646
Stories
1
RESTAURANT OR CAFETERIA : RETAIL OUTLET

Sales History

1
$4,000,000
2009-01-22
WEST KENDALL HOLDINGS LLCCENTRE AT KENDALL TWN CENTER LLLP
2
$31,500,000+688%
2022-03-08
THE CENTRE AT KENDALLNORTH KING APARTMENTS LLC

Tax Assessment History

$21,946,179
Assessed (2025)
$21,946,179
Market Value
$21,946,179
Taxable Value
$446,807
Annual Tax
2024
$22,022,752
2025
$21,946,179
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $21,946,179 $21,946,179 $21,946,179 $446,807
2024 $22,022,752 $22,022,752 $22,022,752 $448,366

About 8925 SW 162 AVE, The Hammocks, FL 33196

8925 SW 162 AVE, The Hammocks, FL 33196 is a restaurant or cafeteria : retail outlet built in 2018 with 62,481 square feet of living space on a 517,646 square foot lot. The property is currently owned by NORTH KING APARTMENTS LLC ROYAL KING APARTMENTS 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 2022-03-08 for $31,500,000, when THE CENTRE AT KENDALL sold to NORTH KING APARTMENTS LLC. The property has appreciated $27,500,000 (688%) since the prior sale of $4,000,000 on 2009-01-22. The 2025 assessed value is $21,946,179 with a market value of $21,946,179.

This breaks down to $14,494,088 for the land and $7,452,091 for the building. The assessed value decreased 0% from $22,022,752 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. 8925 SW 162 AVE, 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 2009 to 2022, with 2 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $504 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2025036668 electrical F
C2024072619 electrical F $320
C2024065959 electrical F $275

Current Owner

NORTH KING APARTMENTS LLC ROYAL KING APARTMENTS LLC
13315 NE 6 AVE, NORTH MIAMI, FL, 33161
Since: 2026-04-19
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Est. Annual Insurance

$132,077 — $220,261
Flood $400 — $800
Property/Wind $131,677 — $219,461

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$86,795
Median Home Value$453,900
Pop. Density3,241/sq mi

Neighborhood 33196

21.3%
Owner-Occ
78.7%
Investor
51
Flips (4yr)
1,700
New Biz (3yr)
Distress Risk
ELEVATED
41
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