16686 SW 88 ST, The Hammocks, FL 33196

Parcel: 3059050300010 · Financial Institution · Office Building · Zoning: 6200

Assessed Value (2025)
$3,658,738

Property Details

Living Sqft
6,906
Year Built
2009
Lot Sqft
64,948
FINANCIAL INSTITUTION : OFFICE BUILDING

Sales History

1
$5,000,000
2025-11-04
BANK OF AMERICA NAGDM PROPERTY GROUP LLC
2
$5,000,000
2025-11-12

Tax Assessment History

$3,658,738
Assessed (2025)
$3,658,738
Market Value
$3,658,738
Taxable Value
$74,489
Annual Tax
2024
$3,600,523
$3,667,200
2025
$3,658,738
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,658,738 $3,658,738 $3,658,738 $74,489
2024 $3,600,523 $3,667,200 $3,600,523 $73,304

About 16686 SW 88 ST, The Hammocks, FL 33196

16686 SW 88 ST, The Hammocks, FL 33196 is a financial institution : office building built in 2009 with 6,906 square feet of living space on a 64,948 square foot lot. The property is currently owned by GDM PROPERTY GROUP 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 2025-11-12 for $5,000,000. The 2025 assessed value is $3,658,738 with a market value of $3,658,738. This breaks down to $2,922,660 for the land and $736,078 for the building.

The assessed value increased 2% from $3,600,523 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.

16686 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 2025 to 2025, with 2 recorded transactions in the public record.

The current assessed value represents 73% of the most recent sale price. There is 1 active building permit on this property with a combined estimated cost of $6,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $724 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2026052509 building A $6,000

Current Owner

GDM PROPERTY GROUP LLC
7201 SW 163 CT, MIAMI, FL, 33193
Since: 2026-03-29
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People Behind This Entity

Registered Agent: GALLARDO FALCON YUNI
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Est. Annual Insurance

$22,352 — $37,387
Flood $400 — $800
Property/Wind $21,952 — $36,587

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 16686

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
20
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