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Commercial > Retail
Sold
01/27/2014
Sold Price
$8,700,000$2,083/ft²

650 88th Ter
Miami Shores, FL 33138

  • 10
    Beds
  • 10
    Baths
  • 4,176
    ft²
    Living Area
  • 0.6
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1954
    Year Built
  • -
    DOM
  • 9
    Permits
650 88th Ter, Miami Shores, FL 33138 is a 10 bed, 10 bath, 4,176 ft² commercial retail property property built in 1954 on a 0.588 acre lot with 9 construction permits. This commercial retail property is currently off market, and it was last sold in 2014 for $8,700,000.

    Permits

    650 88th Ter has 9 permit records of total value of $10,910.

    Permit History
    9
    Permits
    $10,910
    Total Permit Value
    January 13, 2021
    Description: Removal existing metro pcs and install new sign metro by t mobile 40 sqJob Value: $1,200Status: completeType: Electrical - commercial - signBusiness Name: Economy Sign CorpFees: $153Effective Date: 2021-01-13Permit Number: ELC-10-20-2393
    January 12, 2021
    Description: Non illuminated sign south elevation metro by t mobile 9 sqftJob Value: $350Status: completeType: Sign - newBusiness Name: Economy Sign CorpFees: $232Effective Date: 2021-01-12Permit Number: SGN-10-20-2395
    October 20, 2020
    Description: Non illuminated sign metro by t mobile 9sq ftJob Value: $350Status: expiredType: Sign - newBusiness Name: Economy Sign COEffective Date: 2020-10-20Permit Number: SGN-10-20-2396
    January 17, 2020
    Description: Existing sign #8849 plastic replacement of the front of each letter 650 ne 88 ter unit 8849Job Value: $700Status: completeType: Sign - repairBusiness Name: YSL GraphicsFees: $151Effective Date: 2020-01-17Permit Number: SGN-11-19-2665
    August 21, 2017
    Description: 60 year re-certificationStatus: completeType: Building (commercial) - recertificationFees: $250Effective Date: 2017-08-21Permit Number: RCRT-8-17-2057
    May 5, 2017
    Description: Restriping of parking at 8849 biscayne blvdJob Value: $3,785Status: completeType: Driveways/sidewalks/slabs - addition/alterationBusiness Name: Guzman Construction INCFees: $119Effective Date: 2017-05-05Permit Number: DS-4-17-1155
    May 25, 2016
    Description: Paint exterior wallJob Value: $3,500Status: completeType: Paint - paintBusiness Name: AG Star Construction INCFees: $66Effective Date: 2016-05-25Permit Number: PT-4-16-1175
    November 30, 2015
    Description: Install plastic letters (miami bikes electric bicycleshop)Job Value: $1,025Status: completeType: Sign - newFees: $196Effective Date: 2015-11-30Permit Number: SGN-11-15-2897
    June 9, 2014
    Description: Retail salesStatus: issuedType: MbldApplicant: Biscayne 88 Terr LlcFees: $383Effective Date: 2014-06-09Permit Number: 2014044954

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2022$66,850.65
      From latest Total Assessed Value2.47%
      Total Assessed Value$2,706,200
      =
      Land
      Assessed Value      $1,409,155
      +
      Additions
      Assessed Value      $1,297,045

      • In 2022, taxes billed for 650 88th Ter were $66,850.65, which is 2.47% from latest Total Assessed Value of $2,706,200.

    Property History

    650 88th Ter has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 650 88th Ter

    • Hazard Risks

      Hurricane
      680
      Weather
      455
      Tornado
      283
      Nat'l Avg
      100
      Carb Mono
      97
      Air Pollution
      86
      Particulates
      85
      Ozone
      80
      Lead
      55
      Earthquake
      14
      Wind
      12
      Hail
      0

      • 11 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 650 88th Ter.

      Walkability Index

      17 /20

      Very Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      650 88th Ter has a walkability score of 17 out of 20, which means that it is in a very walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      68 °F

      Low

      61°F

      High

      76°F

      Summer
      Average

      82 °F

      Low

      76°F

      High

      88°F

      In the winter at 650 88th Ter, temperatures range from 60.89°F to 75.85°F with an average of 68.37°F. In the summer, the temperature ranges from 75.69°F to 87.9°F with and average of 81.8°F.

    School Information

    Public/private schools serving 650 88th Ter

      Public Schools

      Horace Mann Middle School
      Grades: 6-8
      1.13  mi
      D-
      Phyllis R. Miller Elementary School
      Grades: PK-5
      0.26  mi
      B
      Miami Edison Senior High School
      Grades: 9-12
      2.14  mi
      D-
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 650 88th Ter have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in North Bayfront, Miami Shores, FL 33138.

    • Region

      • Boundary map of North Bayfront.

      Crime Index for 33138

      134

      Above national average
      134

      The crime index in 33138 is 134, which is 1.3 times higher than national average.

    • Seasonal Housing units 33138

      14%

      of housing is for seasonal rent.

      Daytime Population for 33138

      -5%

      of people during work hours.

    Market Trends

    Historical market data near 650 88th Ter over selected time period.

    Nearby Properties on 88th Ter

    USAFLMiami Dade CountyMiami Shores88th Ter