6785 SW 62 TER, South Miami, FL 33143

Parcel: 0940260240070 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$705,215

Property Details

Beds
3
Baths
2
Living Sqft
1,635
Year Built
1966
Lot Sqft
12,510
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$760,000
2021-10-22
MARY ANN OKEEFEMICHAEL RYAN PHILLIPS

Tax Assessment History

$705,215
Assessed (2025)
$1,136,897
Market Value
$654,493
Taxable Value
$13,325
Annual Tax
2024
$685,341
$1,016,366
2025
$705,215
$1,136,897
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $705,215 $1,136,897 $654,493 $13,325
2024 $685,341 $1,016,366 $635,341 $12,935

About 6785 SW 62 TER, South Miami, FL 33143

6785 SW 62 TER, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1966 with 1,635 square feet of living space on a 12,510 square foot lot. The property is currently owned by MICHAEL RYAN PHILLIPS KAYLA DANIELLE PHILLIPS, 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 2021-10-22 for $760,000, when MARY ANN OKEEFE sold to MICHAEL RYAN PHILLIPS . The 2025 assessed value is $705,215 with a market value of $1,136,897. This breaks down to $688,050 for the land and $448,847 for the building.

The assessed value increased 3% from $685,341 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $73,992, and the median home value is $485,800.

The population density is 5,241 people per square mile. There are active mortgage liens totaling $568,215 recorded against this property. 6785 SW 62 TER, South Miami, FL 33143 is located in South Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records. The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $465 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

MICHAEL RYAN PHILLIPS KAYLA DANIELLE PHILLIPS
6785 SW 62 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,862 — $16,314
Flood $400 — $800
Property/Wind $8,462 — $15,514

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$73,992
Median Home Value$485,800
Pop. Density5,241/sq mi

Neighborhood 33143

46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE
$600,000
~$568,215 bal.
POPULAR BANK · 2021-11-02
Est. Total Balance $568,215
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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