18123 SW 88 PL, Palmetto Bay, FL 33157

Parcel: 3350330320520 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$676,319

Property Details

Beds
4
Baths
2
Living Sqft
2,351
Year Built
1977
Lot Sqft
15,840
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$91,300
1987-07-01
2
N/Anon-market transfer
2005-01-01
3
$457,000
2022-08-17
BERLIN JOE GRESHAM JRBRIAN WOLFF

Tax Assessment History

$676,319
Assessed (2025)
$705,658
Market Value
$625,597
Taxable Value
$12,737
Annual Tax
2024
$665,509
2025
$676,319
$705,658
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $676,319 $705,658 $625,597 $12,737
2024 $665,509 $665,509 $665,509 $13,549

About 18123 SW 88 PL, Palmetto Bay, FL 33157

18123 SW 88 PL, Palmetto Bay, FL 33157 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 2,351 square feet of living space on a 15,840 square foot lot. The property is currently owned by BRIAN WOLFF MICHELLE WOLFF, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-08-17 for $457,000, when BERLIN JOE GRESHAM JR sold to BRIAN WOLFF. There are 3 recorded sales for this property. The 2025 assessed value is $676,319 with a market value of $705,658.

This breaks down to $443,520 for the land and $262,138 for the building. The assessed value increased 2% from $665,509 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $87,096, and the median home value is $608,000.

The population density is 4,240 people per square mile. There are active mortgage liens totaling $382,301 recorded against this property. 18123 SW 88 PL, Palmetto Bay, FL 33157 is located in Palmetto Bay, Florida.

Property records, tax assessments, sales history, and ownership information for this Palmetto Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1987 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 148% 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. Based on the most recent sale, this property traded at $194 per square foot — a key metric for comparing value across Palmetto Bay's real estate market..

Current Owner

BRIAN WOLFF MICHELLE WOLFF
18123 SW 88 PL, MIAMI, FL, 33157
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$7,163 — $12,973
Flood $400 — $800
Property/Wind $6,763 — $12,173

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$87,096
Median Home Value$608,000
Pop. Density4,240/sq mi

Neighborhood 18123

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
11
View full risk analysis →

Mortgages

ACTIVE 4.95% rate
$387,551
~$382,301 bal.
EDUCATIONAL FEDERAL CREDIT UNION · 2025-07-23
2 satisfied mortgages
SATISFIED 2023-11-29
$275,000
M&Y RUIZ LP
SATISFIED 2022-08-26
$457,000
M & Y RUIZ LP
Est. Total Balance $382,301
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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