1475 SW 8 ST 507, Miami, FL 33135

Parcel: 0141020540200 · Residential · Condominium - Residential · Zoning: 6100

Assessed Value (2025)
$73,671

Property Details

Beds
2
Baths
2
Living Sqft
882
Year Built
2004
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$119,250
2007-08-01
2
$35,000-71%
2020-09-15
JULIA MARTINEZJULIA MARTINEZ

Tax Assessment History

$73,671
Assessed (2025)
$183,900
Market Value
$25,000
Taxable Value
$509
Annual Tax
2024
$71,595
$183,900
2025
$73,671
$183,900
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $73,671 $183,900 $25,000 $509
2024 $71,595 $183,900 $25,000 $509

About 1475 SW 8 ST 507, Miami, FL 33135

1475 SW 8 ST 507, Miami, FL 33135 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2004 with 882 square feet of living space. The property is currently owned by JULIA MARTINEZ EDELSO VALDES MARTINEZ, 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 2020-09-15 for $35,000, when JULIA MARTINEZ sold to JULIA MARTINEZ . The property sold for $84,250 less than the prior sale of $119,250 on 2007-08-01. The 2025 assessed value is $73,671 with a market value of $183,900.

The assessed value increased 3% from $71,595 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.

1475 SW 8 ST 507, 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 2020, with 2 recorded transactions in the public record.

The current assessed value represents 210% 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 $40 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JULIA MARTINEZ EDELSO VALDES MARTINEZ
1475 SW 8 ST 507, 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 →
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