7331 SW 61 ST, South Miami, FL 33143

Parcel: 3040260070170 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$424,995

Property Details

Beds
4
Baths
2
Living Sqft
2,801
Year Built
1954
Lot Sqft
15,943
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1non-market transfer
1976-10-01
2
$60,000
1977-08-01
3
$111,500+86%
1986-05-01

Tax Assessment History

$424,995
Assessed (2025)
$1,147,275
Market Value
$374,273
Taxable Value
$7,620
Annual Tax
2024
$413,018
$1,003,004
2025
$424,995
$1,147,275
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $424,995 $1,147,275 $374,273 $7,620
2024 $413,018 $1,003,004 $363,018 $7,391

About 7331 SW 61 ST, South Miami, FL 33143

7331 SW 61 ST, South Miami, FL 33143 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 2,801 square feet of living space on a 15,943 square foot lot. The property is currently owned by WILLIAM HO &W LINDA B, 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 1986-05-01 for $111,500. The property has appreciated $51,500 (86%) since the prior sale of $60,000 on 1977-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $424,995 with a market value of $1,147,275. This breaks down to $765,264 for the land and $382,011 for the building. The assessed value increased 3% from $413,018 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.

7331 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 complete ownership history of this property spans from 1976 to 1986, with 3 recorded transactions in the public record.

The current assessed value represents 381% 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 $40 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2003000701 limp expired

Current Owner

WILLIAM HO &W LINDA B
7331 SW 61 ST, MIAMI, FL, 33143-1808
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,499 — $10,149
Flood $400 — $800
Property/Wind $5,099 — $9,349

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 →
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