NOT LISTED FOR SALE

5820 SW 87th St Miami, FL 33143

Estimated Value: $5,460,000 - $9,447,878

5 Beds
7 Baths
5,543 Sq Ft
$1,395/Sq Ft Est. Value

About This Home

This home is located at 5820 SW 87th St, Miami, FL 33143 and is currently estimated at $7,732,959, approximately $1,395 per square foot. 5820 SW 87th St is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Fuhrman Scott Palmer and Fuhrman Lindsay
Bought by
Fuhrman Scott Palmer and Fuhrman Lindsay
Current Estimated Value
$7,732,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,462,365
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$6,270,594

Purchase Details

Closed on
May 5, 2020
Sold by
Fuhrman Scott Palmer and Fuhrman Lindsay
Bought by
Fuhrman Scott Palmer and Fuhrman Lindsay

Purchase Details

Closed on
Jun 2, 2016
Sold by
Fox Janet
Bought by
5765 Somi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 6, 2015
Sold by
South Miami Developers Llc
Bought by
Fuhrman Scott Palmer and Fuhrman Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2014
Sold by
Mccann Peter
Bought by
South Miami Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fuhrman Scott Palmer -- None Listed On Document
Fuhrman Scott Palmer -- Reef Title Company Llc
5765 Somi Llc $1,400,000 Reef Title Company Llc
Fuhrman Scott Palmer $2,145,000 Reef Title Company Llc
South Miami Developers Llc $675,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuhrman Scott Palmer $1,500,000
Previous Owner 5765 Somi Llc $633,750
Previous Owner Fuhrman Scott Palmer $1,675,000
Previous Owner South Miami Developers Llc $1,075,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $61,106 $3,350,746 -- --
2024 $53,454 $3,256,313 -- --
2023 $53,454 $2,837,769 $0 $0
2022 $51,979 $2,755,116 $0 $0
2021 $52,667 $2,674,870 $0 $0
2020 $51,822 $2,625,793 $1,141,360 $1,484,433
2019 $34,013 $1,732,513 $550,934 $1,181,579
2018 $33,039 $1,721,249 $527,490 $1,193,759
2017 $33,644 $1,733,376 $0 $0
2016 $35,579 $1,755,773 $0 $0
2015 $9,707 $470,540 $0 $0
2014 $4,819 $269,027 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33143

5820 SW 87th St, Miami, FL

This home is located at 5820 SW 87th St, Miami, FL 33143 and is currently estimated at $7,732,959, approximately $1,395 per square foot. 5820 SW 87th St is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

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.

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