5971 SW 88th St
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Pinecrest Elementary School
Palmetto Middle School
Miami Palmetto 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 $-346/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in South 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 |
|---|---|---|---|
| 2026-09-08 | Listed for sale | $2,975,000 | $647 |
| 2021-07-19 | Sold | $1,490,000 | $324 |
| 2021-05-05 | Pending sale | $1,499,000 | $326 |
| 2021-03-30 | Price change | $1,499,000 | $326 |
| 2021-03-09 | Listed for sale | $1,595,000 | $347 |
| 2019-08-10 | Listing removed | $6,300 | $1 |
| 2019-08-08 | Listed for rent | $6,300 | $1 |
| 2019-08-07 | Listing removed | $1,275,000 | $277 |
| 2019-07-29 | Price change | $1,275,000 | $277 |
| 2019-06-26 | Listed for sale | $1,325,000 | $288 |
| 2019-06-26 | Listing removed | $7,000 | $2 |
| 2019-06-25 | Price change | $7,000 | $2 |
| 2019-06-12 | Price change | $7,900 | $2 |
| 2019-05-28 | Price change | $8,500 | $2 |
| 2019-05-15 | Price change | $8,800 | $2 |
| 2019-05-09 | Listed for rent | $9,350 | $2 |
| 2013-04-22 | Sold | $975,000 | $212 |
| 2012-12-13 | Listing removed | $1,000,000 | $218 |
| 2012-09-16 | Price change | $1,000,000 | $218 |
| 2012-07-20 | Price change | $1,049,000 | $228 |
| 2012-05-19 | Price change | $1,100,000 | $239 |
| 2012-05-10 | Price change | $1,150,000 | $250 |
| 2012-04-28 | Listed for sale | $1,100,000 | $239 |
| 2012-02-12 | Listing removed | $998,000 | $217 |
| 2012-01-04 | Price change | $998,000 | $217 |
| 2011-11-17 | Listed for sale | $1,040,000 | $226 |
| 1994-06-27 | Sold | $400,000 | $87 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $38,397.64 | $1,957,492 |
| 2024 | $33,846.92 | $1,779,539 |
| 2023 | $31,900.68 | $1,660,770 |
| 2022 | $28,942.63 | $1,509,791 |
| 2021 | $19,253.89 | $961,086 |
| 2020 | $18,653.88 | $928,656 |
| 2019 | $20,435.86 | $1,015,179 |
| 2018 | $20,790.03 | $1,056,016 |
| 2017 | $20,790.03 | $1,056,697 |
| 2016 | $21,030.72 | $960,634 |
| 2015 | $19,405.4 | $897,201 |
| 2014 | $17,201.48 | $815,638 |
| 2013 | $8,677.82 | $462,420 |
| 2012 | $8,677.82 | $454,691 |
| 2011 | $8,567 | $441,448 |
| 2010 | $9,102.57 | $434,925 |
| 2009 | $8,356.29 | $423,491 |
| 2007 | $8,233.48 | $385,746 |
| 2006 | $8,996.12 | $0 |
| 2005 | $8,996.12 | $0 |
| 2004 | $9,021.25 | $0 |
| 2003 | $8,402.9 | $0 |
| 2002 | $8,139.92 | $0 |
| 2001 | $8,139.92 | $0 |
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