Miami-Dade County  »  33173  »  SW 72nd St  »  8850 SW 72nd St

The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 - Property report

Also known as: 8850 SW 72nd St

Property image for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173
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Property type

Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)

Year built

1969

Acreage

5.634

Sale price

$500,000

General information

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Address
Primary address
The Groves at Sunset - 8850 Southwest 72nd Street
ZIP code
33173
County
Miami-Dade
Municipality
30
Neighborhood
304033001
Parcel ID
3040330010012

Owner

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Sales
Sale date
05/31/2013
Sale price
$500,000
Arm's length
Tax
Tax year
2025
Base tax
$427,247
Current property tax
$383,707
Building
Property type
Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)
Building sq. ft.
181,562
Buildings on lot
2
Stories
3
Year built
1969
Lot
Total sq. ft.
182,283
Acreage
5.634
Zoning & Use
Zoning

Area overview

Walk score
62 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
48 /100.  Somewhat Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173

Sale date Sale price Buyer name Seller name
05/31/2013 $500,000 XXXXXX XXXX XXX XXXXX XXXXXX XXXXXXXXXXX; XXXXXX XXXX XXX XXX
04/20/1992 $10 XXXXXX XX XXXXXXXXX XXXXXX XXX XXX XXX XXXX, XXXXXX X

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
10/05/2017 - D
10/05/2017 - R
Resolution XXXXX XXXX XXXXXX XXXXXXXXXXXXX XXXXXXX XXXXXXX XX XXXXXX XXXX XXX
05/31/2013 - D
05/31/2013 - R
Deed XXXXX XXXXXX XXXXXXXXXXX XXXXXX XXXX XXX
05/31/2013 - D
05/31/2013 - R
Deed XXXXXX XXXX XXX XXX XXXXXX XXXX XXX
01/14/2002 - R Easment XXXXXX X XXXX XX XXXXX XXXXXX XXXXXXX XXX XXX XX X XXXX XXX
04/20/1992 - R Quit Claim Deed XXXX, XXXXXX X XXXXXX XX XXXXXXXXX XXXXXX XXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$427,247
Current property tax
$383,707
Recent tax assessments
Market value
$29,000,000
Land value
$7,362,420
Building value
$21,637,580
Assessed value
$22,807,749

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $29,000,000 $22,807,749 16.9317 $427,247 +1.71%
2024 $31,130,000 $20,734,318 16.9487 $420,052 +8.41%
2023 $28,700,000 $18,849,380 17.0541 $387,449 +21.82%
2022 $21,080,000 $17,135,800 17.0433 $318,039 +12.66%
2021 $16,078,000 $16,005,000 17.6056 $282,289 +5.53%
2020 $15,150,000 $15,150,000 17.6571 $267,505 -0.27%
2019 $15,150,000 $15,150,000 17.7054 $268,237 +2.69%
2018 $15,130,000 $14,775,106 17.2644 $261,210 -0.95%
2017 $15,060,000 $13,431,915 17.5107 $263,711 -1.74%
2016 $15,000,000 $12,210,832 17.8921 $268,382 +8.09%

Permit information for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL

No recently recorded permits for this property.

Miami residential market stats

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade.

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami and see how their prices compare.

Demographics by ZIP code

Total population
31,778
Median age
44.5
Average household income
$122,806
Family households
73.0%
People per household (average)
2.67
Occupied housing units
11,354
Owner-occupied units
72.1%
Median year structure built
1976
Median value mortgaged units
$482,800
Median value unmortgaged units
$472,300

Risk

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FEMA flood zones

FEMA flood zones
AH, X

Transportation

Daily traffic map

Access the detailed traffic volume map for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173?

The development at The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 was built in 1969.

What is the total square footage of The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173?

The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 has a total of 181,562 square feet.

When was The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 last sold and what was the sale price?

The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 was last sold on 05/31/2013 for $500,000.

What is the assessed value of The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173?

The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 is currently assessed at $22,807,749.

What are the property taxes for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173?

The property taxes for The Groves at Sunset - 8850 Southwest 72nd Street, Miami, FL 33173 total $427,247.

How many residential units does this building have?

This building has 200 residential unit(s).

Disclaimer

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