7220 SW 61 ST, South Miami, FL 33143

Parcel: 3040260070070 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$255,681

Property Details

Beds
3
Baths
2
Living Sqft
1,997
Year Built
1954
Lot Sqft
15,056
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$60,000
1977-12-01

Tax Assessment History

$255,681
Assessed (2025)
$939,410
Market Value
$204,959
Taxable Value
$4,173
Annual Tax
2024
$248,476
$817,845
2025
$255,681
$939,410
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $255,681 $939,410 $204,959 $4,173
2024 $248,476 $817,845 $198,476 $4,041

About 7220 SW 61 ST, South Miami, FL 33143

7220 SW 61 ST, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,997 square feet of living space on a 15,056 square foot lot. The property is currently owned by THOMAS VERSTER, 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 1977-12-01 for $60,000. The 2025 assessed value is $255,681 with a market value of $939,410. This breaks down to $722,688 for the land and $216,722 for the building.

The assessed value increased 3% from $248,476 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $137,875, and the median home value is $750,000.

The population density is 1,886 people per square mile. There are active mortgage liens totaling $330,507 recorded against this property. 7220 SW 61 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 current assessed value represents 426% 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 $30 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

THOMAS VERSTER
7220 SW 61 ST, MIAMI, FL, 33143-1807
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,468 — $6,424
Flood $400 — $800
Property/Wind $3,068 — $5,624

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$137,875
Median Home Value$750,000
Pop. Density1,886/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
$412,000
~$330,507 bal.
LOANDEPOT.COM LLC · 2021-12-20
Est. Total Balance $330,507
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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