2388 Prairie Ave
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
North Beach Elementary School
Nautilus Middle School
Miami Beach 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 $-489/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 Miami Beach
- • 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $3,525,000 | $959 |
| 2026-08-18 | Listed for sale | $3,900,000 | $1,061 |
| 2019-04-16 | Sold | $1,275,000 | $347 |
| 2019-03-15 | Pending sale | $1,590,000 | $432 |
| 2019-02-15 | Listed for sale | $1,590,000 | $432 |
| 2019-01-29 | Pending sale | $1,590,000 | $432 |
| 2019-01-25 | Price change | $1,590,000 | $432 |
| 2018-12-07 | Price change | $1,375,000 | $374 |
| 2018-09-07 | Price change | $1,490,000 | $405 |
| 2018-07-27 | Price change | $1,590,000 | $432 |
| 2018-07-03 | Price change | $1,899,000 | $516 |
| 2018-04-23 | Price change | $1,750,000 | $476 |
| 2018-04-06 | Listed for sale | $1,899,000 | $516 |
| 2017-06-02 | Listing removed | $1,850,000 | $503 |
| 2017-03-06 | Price change | $1,850,000 | $503 |
| 2017-01-26 | Price change | $1,988,000 | $541 |
| 2016-12-02 | Price change | $2,095,000 | $570 |
| 2016-10-14 | Listed for sale | $2,388,888 | $650 |
| 2015-04-30 | Listing removed | $10,000 | $3 |
| 2015-04-29 | Listed for rent | $10,000 | $3 |
| 2014-09-13 | Listing removed | $10,000 | $3 |
| 2014-09-11 | Listed for rent | $10,000 | $3 |
| 2014-06-05 | Sold | $1,278,500 | $348 |
| 2014-04-08 | Listing removed | $6,850 | $2 |
| 2014-03-04 | Listed for rent | $6,850 | $2 |
| 2014-03-03 | Listing removed | $1,450,000 | $394 |
| 2004-09-02 | Sold | $795,000 | $216 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $39,560.96 | $1,822,841 |
| 2024 | $36,472.58 | $1,657,129 |
| 2023 | $29,156.56 | $1,275,270 |
| 2022 | $23,599.93 | $1,159,337 |
| 2021 | $20,349.64 | $1,053,943 |
| 2020 | $19,637.01 | $1,014,329 |
| 2019 | $20,125.17 | $1,038,531 |
| 2018 | $21,408.64 | $1,122,000 |
| 2017 | $21,408.64 | $1,020,000 |
| 2016 | $19,423.87 | $1,046,090 |
| 2015 | $18,841.34 | $950,991 |
| 2014 | $12,072.59 | $634,390 |
| 2013 | $11,756.73 | $625,015 |
| 2012 | $11,756.7 | $614,568 |
| 2011 | $11,515.7 | $596,668 |
| 2010 | $12,320.2 | $598,975 |
| 2009 | $15,289.8 | $783,557 |
| 2007 | $14,827.9 | $734,976 |
| 2006 | $16,871.7 | $0 |
| 2005 | $16,871.7 | $0 |
| 2004 | $5,026.35 | $0 |
| 2003 | $4,854.91 | $0 |
| 2002 | $4,719.86 | $0 |
| 2001 | $4,719.86 | $0 |
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