7240 SW 107 TER, Pinecrest, FL 33156

Parcel: 2050110100400 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$668,487

Property Details

Beds
3
Baths
2
Living Sqft
1,780
Year Built
1959
Lot Sqft
16,750
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$215,000
1993-02-01
2
$790,000+267%
2006-03-01
3
$860,000+9%
2020-12-07
MARIA T GUEVARASIMON FERRO

Tax Assessment History

$668,487
Assessed (2025)
$1,173,363
Market Value
$617,765
Taxable Value
$12,577
Annual Tax
2024
$649,648
$1,173,274
2025
$668,487
$1,173,363
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $668,487 $1,173,363 $617,765 $12,577
2024 $649,648 $1,173,274 $599,648 $12,208

About 7240 SW 107 TER, Pinecrest, FL 33156

7240 SW 107 TER, Pinecrest, FL 33156 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 1,780 square feet of living space on a 16,750 square foot lot. The property is currently owned by SIMON FERRO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-12-07 for $860,000, when MARIA T GUEVARA sold to SIMON FERRO. The property has appreciated $70,000 (9%) since the prior sale of $790,000 on 2006-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $668,487 with a market value of $1,173,363. This breaks down to $921,250 for the land and $252,113 for the building. The assessed value increased 3% from $649,648 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $180,000, and the median home value is $1,158,800. The population density is 3,629 people per square mile. There are active mortgage liens totaling $643,057 recorded against this property.

7240 SW 107 TER, Pinecrest, FL 33156 is located in Pinecrest, Florida. Property records, tax assessments, sales history, and ownership information for this Pinecrest property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1993 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $483 per square foot — a key metric for comparing value across Pinecrest's real estate market..

Current Owner

SIMON FERRO
7240 SW 107 TER, PINECREST, FL, 33156
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$8,421 — $15,506
Flood $400 — $800
Property/Wind $8,021 — $14,706

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$180,000
Median Home Value$1,158,800
Pop. Density3,629/sq mi

Neighborhood 33156

53.3%
Owner-Occ
46.7%
Investor
201
Flips (4yr)
5,034
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$688,000
~$643,057 bal.
POPULAR BANK · 2020-12-17
Est. Total Balance $643,057
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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