8650 SW 109th Ave #3116
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
William H. Lehman Elementary School
Glades Middle School
Miami Killian Senior High School
Miami, FL Investment Analysis (2026)
Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $220/mo net cash flow with a 7.1% cap rate. Underwriting indicates good fundamentals for long-term hold.
- • Favorable cap rate profile (7.1%)
- • Strong rental demand in Miami
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $299,000 | $207 |
| 2025-03-06 | Listing removed | $2,900 | $2 |
| 2025-02-04 | Listed for rent | $2,900 | $2 |
| 2023-02-14 | Sold | $278,000 | $193 |
| 2023-01-16 | Contingent | $279,900 | $194 |
| 2023-01-13 | Price change | $279,900 | $194 |
| 2022-12-12 | Listed for sale | $284,900 | $198 |
| 2016-06-29 | Sold | $165,000 | $114 |
| 2016-06-06 | Pending sale | $169,900 | $118 |
| 2016-05-24 | Listed for sale | $169,900 | $118 |
| 2015-06-15 | Listing removed | $159,000 | $110 |
| 2015-05-09 | Price change | $159,000 | $110 |
| 2015-04-04 | Price change | $159,900 | $111 |
| 2015-04-02 | Listed for sale | $169,900 | $118 |
| 2015-02-26 | Listing removed | $169,900 | $118 |
| 2014-12-17 | Listed for sale | $169,900 | $118 |
| 2012-11-22 | Listing removed | $1,450 | $1 |
| 2012-08-21 | Listed for rent | $1,450 | $1 |
| 2012-07-02 | Listing removed | $1,450 | $1 |
| 2012-06-12 | Listed for rent | $1,450 | $1 |
| 2005-09-09 | Sold | $191,400 | $133 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,018.4 | $237,331 |
| 2024 | $3,642.85 | $255,195 |
| 2023 | $3,556.9 | $193,408 |
| 2022 | $3,080.91 | $175,826 |
| 2021 | $2,814.1 | $159,842 |
| 2020 | $2,822.33 | $159,842 |
| 2019 | $2,756.68 | $152,892 |
| 2018 | $2,399.64 | $138,993 |
| 2017 | $2,399.64 | $132,374 |
| 2016 | $2,317.97 | $90,214 |
| 2015 | $1,832.75 | $82,013 |
| 2014 | $1,634.02 | $74,558 |
| 2013 | $1,195.05 | $67,780 |
| 2012 | $1,195.05 | $64,550 |
| 2011 | $1,313.13 | $70,160 |
| 2010 | $1,594.65 | $77,950 |
| 2009 | $2,375.54 | $125,730 |
| 2007 | $3,890.9 | $209,550 |
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