NOT LISTED FOR SALE

5100 SW 87th Ave Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $1,039,960

4 Beds
2 Baths
2,284 Sq Ft
$455/Sq Ft Est. Value

Sale Details

Date Sold: December 26, 2023

Last sale price $920,000 $403 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,475 / mo

35 Days on Market

Highlights

  • No HOA
  • Closet Cabinetry
  • Central Heating and Cooling System
  • Southwest Miami Senior High School Rated A-
  • Kitchen Island
  • Ceiling Fan

About This Home

As of December 2023

Welcome to your oasis of luxury! This fully remodeled 4-bed, 2-bath home rests on an expansive lot, offering space, style, and tranquility. Step outside and be greeted by the exquisite exterior upgrades: a brand-new, sleek metal roof, a sprawling modern driveway, impact windows and doors, and much more. Inside, the home showcases new tile flooring across the open floor plan bathed with modern interior lighting. The heart of this home is its gourmet kitchen, adorned with high-end finishes and appliances. The bathrooms have also been tastefully updated, and a huge A/C (2023) is sure to keep the house cool. With an impeccable finish and attention to detail, this timeless mid-century modern residence is more than just a house—it's your dream home!

Last Agent to Sell the Property

Jose Palomo

Florida Realty of Miami Corp License #3423339 Listed on: 10/17/2023

Florida Realty of Miami Corp

Last Buyer's Agent

Cristina Ramirez

NV Realty Services, Inc. License #0677425

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1957

Lot Details

  • 8,625 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Entry on the 1st floor
  • Tar and Gravel Roof
  • Metal Roof

Interior Spaces

  • 2,284 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Exterior Lighting

Schools

  • Blue Lakes Elementary School
  • Rockway Middle School
  • Southwest Miami High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Miller Heights Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3040210130320

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,615

Year Built

Built in 1957

Lot Details

8,625 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1957
  • Carport Y N: Yes
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Kitchen Island, Main Level Primary, Pantry, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 2284.0
  • Stories: 1

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: East
  • Roof: Metal, Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Blue Lakes (Miami-Dade)
  • High School: Southwest Miami
  • Middle Or Junior School: Rockway

Lot Info

  • Parcel #: 3040210130320
  • Lot Size Acres: 0.2
  • Mobile Dim Units: Feet
  • Zoning: 0100

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2615.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Velazquez Edgar and Valenzuela-Gonzalez Rohemmy Elizabeth
Bought by
Current Estimated Value
$1,039,960

Purchase Details

Listed on
Oct 17, 2023
Closed on
Dec 26, 2023
Sold by
Palomo Property Group Inc
Bought by
Velazquez Edgar
Seller's Agent
Jose Palomo
Florida Realty of Miami Corp
Buyer's Agent
Cristina Ramirez
NV Realty Services, Inc.
List Price
$1,030,000
Sold Price
$920,000
Premium/Discount to List
-$110,000
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$736,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 31, 2023
Sold by
Flinn Eugene Philip
Bought by
Palomo Property Group Inc
Seller's Agent
Virginia Perillo
Douglas Elliman
Buyer's Agent
Jose Palomo
Florida Realty of Miami Corp
List Price
$770,000
Sold Price
$580,000
Premium/Discount to List
-$190,000
-24.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.13%
Original Mortgage
$406,000
Interest Rate
6.65%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Olympia Heights, FL

  • Lisa Dority Real Estate Agent - PropertySmart Real Estate

    Lisa Dority

    PropertySmart Real Estate

    (877) 719-3395

    73 Total Sales

    1 in Olympia Heights

    $900,000 Price

    Lisa Dority
     Section Image
  • Elaine Perez Real Estate Agent - The Elaine Group, Inc.

    Elaine Perez

    The Elaine Group, Inc.

    (786) 713-8071

    73 Total Sales

    1 in Olympia Heights

    $625,000 Price

    Elaine Perez
     Section Image
  • Griselle Arrastia Real Estate Agent - Galan Real Estate Group, LLC.

    Griselle Arrastia

    Galan Real Estate Group, LLC.

    (305) 306-1983

    34 Total Sales

    1 in Olympia Heights

    $565,000 Price

    Griselle Arrastia
     Section Image
  • Joseph Jordan Real Estate Agent - Florida Homes Rlty. & Mtg. LLC

    Joseph Jordan

    Florida Homes Rlty. & Mtg. LLC

    (689) 209-1952

    49 Total Sales

    1 in Olympia Heights

    $425,000 Price

    Joseph Jordan
     Section Image
  • Richard Naranjo Real Estate Agent - AmeriFirst Realty

    Richard Naranjo

    AmeriFirst Realty

    (786) 767-6957

    26 Total Sales

    1 in Olympia Heights

    $585,000 Price

    Richard Naranjo
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Velazquez Edgar $920,000 None Listed On Document
Palomo Property Group Inc $200,000 Sunny Title
Palomo Property Group Inc $190,000 Sunny Title
Palomo Property Group Inc $190,000 Sunny Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $89,000
Previous Owner Velazquez Edgar $736,000
Previous Owner Palomo Property Group Inc $406,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2023 12/26/23 Sold $920,000 -10.7% $403 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $1,030,000 +77.6% $451 / Sq Ft
04/05/2023 04/05/23 Sold $580,000 -24.7% $254 / Sq Ft View Prior Sale
03/07/2023 03/07/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $770,000 -- $337 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,466 $692,824
2024 $8,441 $673,299
2023 $8,441 $460,543 $232,099 $228,444
2022 $2,615 $161,526 $0 $0
2021 $2,561 $156,822 $0 $0
2020 $2,532 $154,657 $0 $0
2019 $2,476 $151,180 $0 $0
2018 $2,364 $148,362 $0 $0
2017 $2,327 $145,311 $0 $0
2016 $2,298 $142,323 $0 $0
2015 $2,316 $141,334 $0 $0
2014 -- $138,674 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JP

    Seller's Agent in 2023

    Jose Palomo

    Florida Realty of Miami Corp

    (305) 598-5488

    4 in this area

    31 Total Sales

    Jose Palomo
    Section Image
  • Virginia Perillo Real Estate Agent - Douglas Elliman

    Seller's Agent in 2023

    Virginia Perillo

    Douglas Elliman

    (786) 452-2006

    1 in this area

    7 Total Sales

    Virginia Perillo
    Section Image
  • Cristina Ramirez Real Estate Agent - NV Realty Services, Inc.

    Buyer's Agent in 2023

    Cristina Ramirez

    NV Realty Services, Inc.

    (305) 609-6980

    1 in this area

    54 Total Sales

    Cristina Ramirez
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11470178

BeachesMLS (Greater Fort Lauderdale)

APN: 30-4021-013-0320

Florida Miami/Dade County Miami 33155 Olympia Heights

5100 SW 87th Ave, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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