7631 SW 59 AVE, South Miami, FL 33143

Parcel: 0940360000200 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$1,892,740

Property Details

Beds
6
Baths
6.5
Living Sqft
5,330
Year Built
2010
Lot Sqft
38,071
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$205,000
1990-01-01
2
$235,000+15%
2000-09-01

Tax Assessment History

$1,892,740
Assessed (2025)
$4,333,671
Market Value
$1,842,018
Taxable Value
$37,502
Annual Tax
2024
$1,839,398
$3,601,099
2025
$1,892,740
$4,333,671
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,892,740 $4,333,671 $1,842,018 $37,502
2024 $1,839,398 $3,601,099 $1,789,398 $36,431

About 7631 SW 59 AVE, South Miami, FL 33143

7631 SW 59 AVE, South Miami, FL 33143 is a 6-bedroom, 6.5-bathroom residential - single family : 1 unit built in 2010 with 5,330 square feet of living space on a 38,071 square foot lot. The property is currently owned by SANTIAGO J ALVAREZ JR & KATRINA ANNE FOSTER JTRS, 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 2000-09-01 for $235,000. The property has appreciated $30,000 (15%) since the prior sale of $205,000 on 1990-01-01. The 2025 assessed value is $1,892,740 with a market value of $4,333,671.

This breaks down to $2,817,254 for the land and $1,516,417 for the building. The assessed value increased 3% from $1,839,398 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $103,814, and the median home value is $950,800. The population density is 4,496 people per square mile. 7631 SW 59 AVE, 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 complete ownership history of this property spans from 1990 to 2000, with 2 recorded transactions in the public record. The current assessed value represents 805% 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 $44 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

SANTIAGO J ALVAREZ JR & KATRINA ANNE FOSTER JTRS
7631 SW 59 AVE, MIAMI, FL, 33143-5407
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$11,756 — $19,727
Flood $400 — $800
Property/Wind $11,356 — $18,927

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$103,814
Median Home Value$950,800
Pop. Density4,496/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 →
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