5550 SW 87th Ave Miami, FL 33165
Olympia Heights NeighborhoodEstimated payment $9,381/month
Total Views
3,418
6
Beds
4
Baths
3,688
Sq Ft
$407
Price per Sq Ft
Highlights
- In Ground Pool
- Marble Flooring
- No HOA
- Southwest Miami Senior High School Rated A-
- Garden View
- Formal Dining Room
About This Home
Beautiful and spacious home in highly desirable area of Miami. Magnificent gated one-story estate sitting on a 13000 sqft lot and huge private driveway, located a few blocks away from Tropical Park. 6 bedrooms 4 baths property with marble floors throughout. Huge private fenced backyard and vast common areas are some of the amazing features that make this home an entertainer's paradise! Large master bedroom. Very nice pool and pergola space. Also, entertaining room for parties and family gatherings. Property is conveniently located with a short distance to schools, dining and shopping on prime location, close to South Miami, Coral Gables, all major hospitals and expressways.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,683
Year Built
- Built in 1975
Lot Details
- 0.3 Acre Lot
- East Facing Home
- Fenced
- Property is zoned 0100
Parking
- 2 Car Garage
- Circular Driveway
- Open Parking
Property Views
- Garden
- Pool
Home Design
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 3,688 Sq Ft Home
- 1-Story Property
- Family Room
- Formal Dining Room
- Marble Flooring
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Torres Tower Subdivision
Listing and Financial Details
- Assessor Parcel Number 30-40-21-037-0140
Map
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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 | $14,683 | $885,931 | -- | -- |
| 2024 | $14,193 | $860,964 | -- | -- |
| 2023 | $14,193 | $835,888 | $295,130 | $540,758 |
| 2022 | $13,276 | $743,503 | $274,675 | $468,828 |
| 2021 | $6,422 | $373,996 | $0 | $0 |
| 2020 | $6,350 | $368,833 | $0 | $0 |
| 2019 | $6,219 | $360,541 | $0 | $0 |
| 2018 | $5,958 | $353,819 | $0 | $0 |
| 2017 | $5,884 | $346,542 | $0 | $0 |
| 2016 | $5,863 | $339,415 | $0 | $0 |
| 2015 | $4,901 | $280,988 | $0 | $0 |
| 2014 | $4,974 | $278,758 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $1,499,900 | +42.8% | $407 / Sq Ft |
| 05/12/2022 05/12/22 | Sold | $1,050,000 | 0.0% | $294 / Sq Ft |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- |
| 04/01/2022 04/01/22 | For Sale | $1,050,000 | -- | $294 / Sq Ft |
Source: MIAMI REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Structure Title | |
| Trustee Deed | $605,200 | None Available | |
| Certificate Of Transfer | $605,200 | -- | |
| Warranty Deed | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $590,000 | New Conventional | |
| Previous Owner | $512,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $136,800 | Credit Line Revolving | |
| Previous Owner | $212,562 | New Conventional | |
| Previous Owner | $224,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11835765
APN: 30-4021-037-0140
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