7240 SW 131 ST, Pinecrest, FL 33156

7240 SW 131 ST, Pinecrest, FL 33156 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 1,803 square feet of living space on a 14,985 square foot lot. The property is currently owned by IRMA M MARIN, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-10-14 for $820,000, when CARMEN VALDIVIA sold to GILBERTO MARIN. The property has appreciated $711,500 (656%) since the prior sale of $108,500 on 2012-04-24. There are 3 recorded sales for this property.

The 2025 assessed value is $526,392 with a market value of $1,062,800. This breaks down to $749,250 for the land and $313,550 for the building. The assessed value increased 3% from $511,557 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 $177,557, and the median home value is $1,039,700. The population density is 2,503 people per square mile. 7240 SW 131 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 1992 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 64% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $455 per square foot — a key metric for comparing value across Pinecrest's real estate market..