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5845 SW 88th St, South Miami FL 33156

House For Sale
$1,900,000

BTC: 28.57142857

ETH: 968.89342172

-$75K (2026/02/09)
137 days
Waterfront
6 bds
5 ba
3,450 sqft

Overview

A truly unique opportunity to own an exceptional property on an expansive **12,630+ SF lot** with an existing residence of approximately **3,400 SF**, offering ENDLESS POTENTIAL FOR REDEVELOPMENT. Nestled along the serene **Snapper Creek Canal**, this one-of-a-kind setting is framed by **majestic mature trees**, breathtaking sunsets, and an atmosphere of total peace and privacy rarely found in this location. The property enjoys a remarkable position with about 3/4 of the lot in prestigious South Miami and the other in highly sought-after Pinecrest, offering the best of both worlds. Originally designed as a multi-generational home, the residence consists of two interconnected homes: a 3-bedroom/2-bath and a 3-bedroom/3-bath, making it ideal for extended family living, guest quarters, or creative reconfiguration. Surrounded by nature yet minutes from everything, the location is unbeatable — just moments from the renowned shops and restaurants of South Miami, a short drive to Dadeland Mall, and only 15 minutes from Hammock Park Marina and Biscayne Ba*. The area is also surrounded by top-rated public and private schools and beautiful parks. This is more than a property — it’s a lifestyle, offering space, tranquility, prime location, and extraordinary potential in one of Miami’s most desirable neighborhoods.

Location

Details

Type:
Residential
Parking:
Circular Driveway
Year Built:
1950
Lot:
12630 Square Feet
Heating:
Central
Price/sqft:
$551
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,796,000
$999K – $4.8M
Confidence Low
List vs. estimate
$896K below estimate
List $1,900,000 · -32.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$550
-25.4% vs. city median $738
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $4.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,982
2025
View
Canal
Waterfront
WF/No Ocean Access, Canal Front
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Other

    Other interior features

    • First Floor Entry

    • Cottage

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 5

  • Parking

    • Circular Driveway

    Lot

    • Lot: 12630 Square Feet

    Other Property Information

    • Parcel Number: 09-40-36-000-0940

    • Zoning: 0800

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $17,982

  • Source details

    • MLS ID: A11946407

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Deck

    • Direction Faces: East

    • Architectural Style: Detached / One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 3450

    • Water Source: Other

    • Subdivision Name: snapper creek

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company