2053 SW 87th Terrace Miramar, FL 33025
Lakeshore at University Park NeighborhoodEstimated payment $3,087/month
Highlights
- Lake Front
- 1 Car Attached Garage
- Patio
- Community Pool
- Walk-In Closet
- 3-minute walk to Forzano Park
About This Home
Discover this beautifully updated 3bed/2bath townhouse in the charming gated community of Montego Bay. This home offers stunning water views and a peaceful backdrop. Step inside to find a remodeled kitchen featuring wood cabinets, quartz countertops, and stainless steel appliances. 3 Large spacious bedrooms upstairs, walk-in closet. All new wood flooring upstairs. Second floor bathrooms have been tastefully renovated w/modern finishes. Additional features include a one-car garage w/2 spaces in front, freshly painted. Low HOA fee $180/month, includes security gate, comm. pool & playground. Ideally located near shopping, dining, and major highways for an easy commute. Townhouse is Fee Simple, Lot/Block. No Association approval required. Investor friendly, can rent right away.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,317
Year Built
- Built in 2006
HOA Fees
- $180 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Entry on the 1st floor
- Concrete Block And Stucco Construction
Interior Spaces
- 1,474 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Lake Views
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
Schools
- Fairway Elementary School
- New Renaissance Middle School
- Miramar High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Patio
- Lake Front
Listing and Financial Details
- Assessor Parcel Number 514121231290
Community Details
Overview
- Montego Bay Condos
- University Park,Montego Bay Subdivision
Recreation
- Community Playground
- Community Pool
Pet Policy
- Breed Restrictions
Security
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,317 | $343,940 | -- | -- |
| 2024 | $6,850 | $343,940 | -- | -- |
| 2023 | $6,850 | $284,260 | $0 | $0 |
| 2022 | $5,741 | $258,420 | $0 | $0 |
| 2021 | $5,279 | $234,930 | $0 | $0 |
| 2020 | $4,901 | $221,550 | $25,940 | $195,610 |
| 2019 | $4,632 | $212,900 | $25,940 | $186,960 |
| 2018 | $4,217 | $199,050 | $25,940 | $173,110 |
| 2017 | $3,727 | $160,480 | $0 | $0 |
| 2016 | $3,536 | $145,750 | $0 | $0 |
| 2015 | $3,270 | $132,500 | $0 | $0 |
| 2014 | $2,985 | $120,460 | $0 | $0 |
| 2013 | -- | $113,390 | $23,990 | $89,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $435,000 | 0.0% | $295 / Sq Ft |
| 08/01/2025 08/01/25 | Off Market | $435,000 | -- | -- |
| 08/01/2025 08/01/25 | For Sale | $435,000 | 0.0% | $295 / Sq Ft |
| 07/25/2025 07/25/25 | Off Market | $435,000 | -- | -- |
| 07/23/2025 07/23/25 | For Sale | $425,000 | 0.0% | $288 / Sq Ft |
| 07/09/2025 07/09/25 | Off Market | $425,000 | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $425,000 | 0.0% | $288 / Sq Ft |
| 06/21/2025 06/21/25 | Off Market | $425,000 | -- | -- |
| 05/31/2025 05/31/25 | For Sale | $425,000 | 0.0% | $288 / Sq Ft |
| 02/04/2023 02/04/23 | Rented | $2,700 | 0.0% | -- |
| 02/01/2023 02/01/23 | Under Contract | -- | -- | -- |
| 01/14/2023 01/14/23 | For Rent | $2,700 | +38.5% | -- |
| 03/20/2020 03/20/20 | Rented | $1,950 | 0.0% | -- |
| 03/09/2020 03/09/20 | For Rent | $1,950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $145,000 | Transcontinental Title Co | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $300,000 | Countyline Title Group Inc | |
| Special Warranty Deed | $166,000 | Attorney | |
| Special Warranty Deed | $1,683,900 | -- | |
| Warranty Deed | $1,493,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,979 | FHA | |
| Previous Owner | $270,000 | Purchase Money Mortgage | |
| Previous Owner | $165,900 | Purchase Money Mortgage |
Source: MIAMI REALTORS® MLS
MLS Number: A11813460
APN: 51-41-21-23-1290
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