6240 SW 78 ST, South Miami, FL 33143

Parcel: 0940360110640 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$1,693,732

Property Details

Beds
3
Baths
2
Living Sqft
2,555
Year Built
1952
Lot Sqft
14,700
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$279,000
2003-02-01
2
$100non-market transfer
2009-04-22
NAVZOR BALSARA &W TINA MNAVZOR BALSARA
3
$1,400,000
2024-02-28
NAVZOR BALSARAXINTING WANG

Tax Assessment History

$1,693,732
Assessed (2025)
$1,693,732
Market Value
$1,643,010
Taxable Value
$33,450
Annual Tax
2024
$563,415
$1,415,289
2025
$1,693,732
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,693,732 $1,693,732 $1,643,010 $33,450
2024 $563,415 $1,415,289 $513,415 $10,453

About 6240 SW 78 ST, South Miami, FL 33143

6240 SW 78 ST, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1952 with 2,555 square feet of living space on a 14,700 square foot lot. The property is currently owned by XINTING WANG PATRICK LOK, 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 2024-02-28 for $1,400,000, when NAVZOR BALSARA sold to XINTING WANG. The property has appreciated $1,399,900 (1399900%) since the prior sale of $100 on 2009-04-22. There are 3 recorded sales for this property.

The 2025 assessed value is $1,693,732 with a market value of $1,693,732. This breaks down to $1,323,000 for the land and $370,732 for the building. The assessed value increased 201% from $563,415 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.

There are active mortgage liens totaling $1,161,565 recorded against this property. 6240 SW 78 ST, 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 2003 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 121% 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 $548 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

XINTING WANG PATRICK LOK
6240 SW 78 ST, SOUTH MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$20,724 — $38,062
Flood $400 — $800
Property/Wind $20,324 — $37,262

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 →

Mortgages

ACTIVE
$1,190,000
~$1,161,565 bal.
CITIBANK NA · 2024-03-22
Est. Total Balance $1,161,565
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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