7001 SW 71 AVE, South Miami, FL 33143
Parcel: 3040260130720 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$2,582,212
Property Details
Beds
5
Baths
7.5
Living Sqft
5,473
Year Built
2024
Lot Sqft
15,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$31,000
1972-11-01
2
$500,000+1513%
2006-07-01
3
$558,100+12%
2021-12-23
CESAR CAJIGAS → 7001 SW 71 AVE LLC
4
$4,700,000+742%
2026-04-02
7001 SW 71 AVE LLC → NICHOLAS T MENAS
Tax Assessment History
$2,582,212
Assessed (2025)
$2,813,420
Market Value
$2,582,212
Taxable Value
$52,572
Annual Tax
2024
$444,357
$600,000
2025
$2,582,212
$2,813,420
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $2,582,212 | $2,813,420 | $2,582,212 | $52,572 | $720,000 | $2,093,420 |
| 2024 | $444,357 | $600,000 | $444,357 | $9,047 | $600,000 | $0 |
About 7001 SW 71 AVE, South Miami, FL 33143
7001 SW 71 AVE, South Miami, FL 33143 is a 5-bedroom, 7.5-bathroom residential - single family : 1 unit built in 2024 with 5,473 square feet of living space on a 15,000 square foot lot. The property is currently owned by NICHOLAS T MENAS, recorded as of 2026-05-31. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2026-04-02 for $4,700,000, when 7001 SW 71 AVE LLC sold to NICHOLAS T MENAS. The property has appreciated $4,141,900 (742%) since the prior sale of $558,100 on 2021-12-23. There are 4 recorded sales for this property.
The 2025 assessed value is $2,582,212 with a market value of $2,813,420. This breaks down to $720,000 for the land and $2,093,420 for the building. The assessed value increased 481% from $444,357 in 2024.
The median household income in this area is $62,096, and the median home value is $274,600. The population density is 6,883 people per square mile. 7001 SW 71 AVE, 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 1972 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 55% 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 $859 per square foot — a key metric for comparing value across South Miami's real estate market..
Building Permits (12)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025034114 | building | F | — | ||
| C2025028084 | building | F | — | ||
| C2025001084 | mechanical | F | — | ||
| C2024135686 | zips | F | — | ||
| W2024099314 | electrical | F | — | ||
| C2024083328 | plumbing | F | — | ||
| W2024065003 | mechanical | F | — | ||
| C2024061659 | lpgx | F | — | ||
| W2024049531 | electrical | F | — | ||
| C2024038901 | plumbing | F | — | ||
| C2024008738 | building | F | $20,850 | ||
| C2023095521 | mechanical | F | — |
Current Owner
NICHOLAS T MENAS
7001 SW 71 AVE, MIAMI, FL, 33143
Since: 2026-05-31
View owner profile →
Est. Annual Insurance
$15,893 — $26,622
Flood $400 — $800
Property/Wind $15,493 — $25,822
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$62,096
Median Home Value$274,600
Pop. Density6,883/sq mi
Neighborhood 33143
46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
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