by RH Advisors

See Home Value
$1,870,000
House - Off Market

884 NE 88th St

Miami, FL 33138
bedrooms
5 Beds
bathrooms
5 Baths
square feet
2652 Sqft
$10,642
Estimated Monthly
$0
HOA / Fees
8.66%
Cap Rate

About This Property

Discover an incredible real estate opportunity in Miami! This property features TWO separate bungalows over an expansive lot of 22k sf in the trendy Upper East Side neighborhood. Highly sought-after short-term rental property, always in high demand.

The main house boasts a state-of-the-art kitchen with stainless steel appliances, a spacious master suite with a walk-in closet, and two additional bedrooms with en-suite bathrooms. The family room opens to a lush backyard adorned with captivating landscaping. The second bungalow offers two bedrooms, a renovated bathroom, and a gorgeous open-concept kitchen/living room. Both residences overlook a breathtaking pool.

Zoning for four units and a land use designation of 2-9, create limitless development potential.
Unit Size
2,652Ft²
Days on Market
170 days
Land Size
0.51 acres
Price per sqft
$712
Property Type
House
Property Taxes
$1,367
HOA Dues
-
Year Built
1934
Last updated: 23 days ago (Miami MLS #A11475512)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold $1,870,000
Sold
Mar 14, 2024 In contract -
In contract
Mar 6, 2024 Relisted $1,888,888
Relisted
Feb 15, 2024 In contract -
In contract
Feb 15, 2024 Price Decreased $1,888,888
↓ $111K (5.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1964
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,231
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 1,034
  • Total Building Area: 3,201
  • Gross Building Area: 3,201
  • Building Area: 2,306
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BISCAYNE HGTS
  • Land Acres: 0.51
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 6-7-8 53 42 .5 AC BISCAYNE HGTS PB 2-78 N1/2 OF LOT 65 LOT SIZE 103.400 X 215 OR 17754-1001 0797 1

Ownership

  • Current Owner : SIMMAY 88 LLC
  • Previous Owner : MEYER THOMAS
  • Previous Owner 2: IZAK GREGORY
  • Owner Before Previous Owner: GREEN ROBERT W
  • Owner Before Previous Owner 2: GREEN MARY L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 001206

Zoning

  • Zoning: 3100

Geography

  • Assessors Map Reference: 168
  • District: 30
  • Parcel: 30-3207-003-1380
  • Lot: 65
  • Meridian: SEC 07 TWN 53S RNG 42E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.8558
  • Longitude: -80.1792

    Address

  • Full Address: 884 Ne 88th St
  • Address - House Number: 884
  • Street Direction: NE
  • Address - Street Name: 88th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C002
  • 4-Digit Zip Code: 3358
  • Zip Code: 33138

Valuation

    Tax

  • Total Area: 2,773
  • Tax Year: 2023
  • Tax Amount: $16,478
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,753,696
  • High Value: 1,918,430
  • Low Value: 1,588,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF SOUTH M
  • First Open Lien Mortgage Recording Date: Mar 30, 2022
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $893,682
  • Market Land Value: $666,930
  • Market Improvement Value: $226,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $893,682
  • Assessed Land Value: $666,930
  • Assessed Improvements Value: $226,752

    Sales

  • Current Sale Contract Date: Apr 02, 2018
  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Transaction ID: 11449108655
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0220646
  • Previous Sale Recording Date: Aug 15, 1997
  • Previous Sale Amount: $113,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Apr 12, 2018
  • First Mortgage Loan Amount: $604,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TOWN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 15, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $101,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
2,985 ft²
$586/ft²
$1,750,000 Sep 14, 2023
$1,750,000 Nov 14, 2023
$1,140/mo
House
4 Beds
2 Baths
2,517 ft²
$795/ft²
$2,000,000 Oct 17, 2023
$2,000,000 Dec 12, 2023
$354/mo
House
4 Beds
4 Baths
2,583 ft²
$861/ft²
$2,225,000 Jan 10, 2024
$2,225,000 Feb 20, 2024
$1,625/mo
House
4 Beds
3 Baths
2,280 ft²
$792/ft²
$1,805,000 Sep 25, 2023
$1,805,000 Nov 3, 2023
$1,721/mo
House
6 Beds
3 Baths
3,230 ft²
$488/ft²
$1,575,000 Feb 19, 2023
$1,575,000 Oct 11, 2023
$1,256/mo
House
3 Beds
3 Baths
2,039 ft²
$858/ft²
$1,750,000 Jan 31, 2024
$1,750,000 Feb 23, 2024
$838/mo
House
5 Beds
4 Baths
2,796 ft²
$662/ft²
$1,850,000 Jan 18, 2024
-
$2,564/mo
House
5 Beds
2 Baths
2,866 ft²
$724/ft²
$2,075,000 Mar 12, 2024
-
$1,751/mo
House
5 Beds
4 Baths
2,150 ft²
$791/ft²
$1,700,000 May 9, 2023
-
$757/mo
House
4 Beds
4 Baths
2,608 ft²
$690/ft²
$1,800,000 Mar 6, 2024
-
$2,269/mo
House
4 Beds
3 Baths
2,621 ft²
$761/ft²
$1,995,000 Nov 9, 2023
-
$2,062/mo
House
4 Beds
3 Baths
2,356 ft²
$802/ft²
$1,890,000 Nov 6, 2023
-
$1,456/mo

About Miami Shores


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Frequently Asked Questions

When was property at 884 Northeast 88th Street built and last sold?
The property at 884 Northeast 88th Street was built in 1934 and last sold on Apr 2, 2018 for $775,000.
How much is this home worth?
The estimated value of the home located at 884 Northeast 88th Street is $2,220,990.
What are some comparable homes to 884 Northeast 88th Street?
Homes that are comparable to 884 Northeast 88th Street include a house property at 530 Northeast 96th Street, 8812 Northeast 10th Avenue, 753 Northeast 81st Street.

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