1475 SW 8 ST 404, Miami, FL 33135

Parcel: 0141020540100 · Residential · Condominium - Residential · Zoning: 6100

Assessed Value (2025)
$156,458

Property Details

Beds
3
Baths
2
Living Sqft
1,138
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$125,000
2007-01-01
2
$170,000+36%
2019-01-18
ISABEL PADRONLAZARO OTERO BALSEIRO
3
$96,900-43%
2021-05-18
LAZARO OTERO BALSEIROLAZARO OTERO BALSEIRO

Tax Assessment History

$156,458
Assessed (2025)
$185,200
Market Value
$105,736
Taxable Value
$2,153
Annual Tax
2024
$152,049
$185,200
2025
$156,458
$185,200
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $156,458 $185,200 $105,736 $2,153
2024 $152,049 $185,200 $102,049 $2,078

About 1475 SW 8 ST 404, Miami, FL 33135

1475 SW 8 ST 404, Miami, FL 33135 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 1,138 square feet of living space. The property is currently owned by LAZARO OTERO BALSEIRO ELSA LEONARDA TABOADA MUNOZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-05-18 for $96,900, when LAZARO OTERO BALSEIRO sold to LAZARO OTERO BALSEIRO. The property sold for $73,100 less than the prior sale of $170,000 on 2019-01-18. There are 3 recorded sales for this property.

The 2025 assessed value is $156,458 with a market value of $185,200. The assessed value increased 3% from $152,049 in 2024. The property has the following tax exemptions: homestead.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $35,841, and the median home value is $300,000.

The population density is 31,051 people per square mile. There are active mortgage liens totaling $153,434 recorded against this property. 1475 SW 8 ST 404, Miami, FL 33135 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2007 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 161% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $85 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LAZARO OTERO BALSEIRO ELSA LEONARDA TABOADA MUNOZ
1475 SW 8 ST 404, MIAMI, FL, 33135
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$35,841
Median Home Value$300,000
Pop. Density31,051/sq mi

Neighborhood 33135

31.9%
Owner-Occ
68.1%
Investor
123
Flips (4yr)
4,940
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$163,000
~$153,434 bal.
SUCCESS MORTGAGE PARTNERS INC · 2021-06-02
Est. Total Balance $153,434
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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