7240 SW 124 ST, Pinecrest, FL 33156

Parcel: 2050140090040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$633,404

Property Details

Beds
4
Baths
2
Living Sqft
2,116
Year Built
1957
Lot Sqft
15,333
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$110,100
2012-02-16
CHRISTIAN A MORENOU S BANK NATIONAL ASSOCIATION TRS
2
$100non-market transfer
2012-10-31
U S BANK NATIONAL ASSOCIATION TRSCITIBANK N A TRS
3
$465,000
2012-12-13
CITIBANK N A TRSWELL YEH LIN JTRS

Tax Assessment History

$633,404
Assessed (2025)
$1,048,760
Market Value
$582,682
Taxable Value
$11,863
Annual Tax
2024
$615,553
$1,062,704
2025
$633,404
$1,048,760
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $633,404 $1,048,760 $582,682 $11,863
2024 $615,553 $1,062,704 $565,553 $11,514

About 7240 SW 124 ST, Pinecrest, FL 33156

7240 SW 124 ST, Pinecrest, FL 33156 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1957 with 2,116 square feet of living space on a 15,333 square foot lot. The property is currently owned by WELL YEH LIN JTRS SHU CHIN CHEN 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 2012-12-13 for $465,000, when CITIBANK N A TRS sold to WELL YEH LIN JTRS. The property has appreciated $464,900 (464900%) since the prior sale of $100 on 2012-10-31. There are 3 recorded sales for this property.

The 2025 assessed value is $633,404 with a market value of $1,048,760. This breaks down to $766,650 for the land and $282,110 for the building. The assessed value increased 3% from $615,553 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $177,557, and the median home value is $1,039,700. The population density is 2,503 people per square mile.

There are active mortgage liens totaling $569,094 recorded against this property. 7240 SW 124 ST, 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 2012 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 136% 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 $220 per square foot — a key metric for comparing value across Pinecrest's real estate market..

Current Owner

WELL YEH LIN JTRS SHU CHIN CHEN JTRS
7240 SW 124 ST, MIAMI, FL, 33156
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,000 — $14,734
Flood $400 — $800
Property/Wind $7,600 — $13,934

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$177,557
Median Home Value$1,039,700
Pop. Density2,503/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
$600,000
~$569,094 bal.
BANK OF AMERICA NA · 2021-12-21
1 satisfied mortgage
SATISFIED 2020-12-07
$257,500
FIRST SAVINGS BANK
Est. Total Balance $569,094
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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