7400 SW 61 ST, South Miami, FL 33143
Parcel: 3040260350010 · Residential - Single Family · 1 Unit · Zoning: 2100
Assessed Value (2025)
$1,489,040
Property Details
Beds
5
Baths
4.5
Living Sqft
3,440
Year Built
1982
Lot Sqft
17,189
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2022-09-17
ROSS E WAYLAND → ROSS E WAYLAND
2
N/A
2022-09-19
3
$1,625,000
2023-03-10
SYLVIA SPADER → LINDA BALBOA
4
$1,625,000
2023-03-15
5
N/A
2023-03-15
6
N/A
2023-12-20
7
$100non-market transfer
2025-07-01
LINDA BALBOA → LINDA BALBOA TRS
8
N/A
2025-07-09
Tax Assessment History
$1,489,040
Assessed (2025)
$1,489,040
Market Value
$1,438,318
Taxable Value
$29,283
Annual Tax
2024
$1,315,205
2025
$1,489,040
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,489,040 | $1,489,040 | $1,438,318 | $29,283 | $825,072 | $663,968 |
| 2024 | $1,315,205 | $1,315,205 | $1,315,205 | $26,777 | $643,780 | $671,425 |
About 7400 SW 61 ST, South Miami, FL 33143
7400 SW 61 ST, South Miami, FL 33143 is a 5-bedroom, 4.5-bathroom residential - single family : 1 unit built in 1982 with 3,440 square feet of living space on a 17,189 square foot lot. The property is currently owned by LINDA BALBOA TRS THE BALBOA REVOCABLE TR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 8 recorded sales for this property. The 2025 assessed value is $1,489,040 with a market value of $1,489,040. This breaks down to $825,072 for the land and $663,968 for the building.
The assessed value increased 13% from $1,315,205 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. 7400 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 2022 to 2025, with 8 recorded transactions in the public record..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023160279 | building | F | $65,806 |
Current Owner
LINDA BALBOA TRS THE BALBOA REVOCABLE TR
7400 SW 61 ST, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$15,290 — $27,602
Flood $400 — $800
Property/Wind $14,890 — $26,802
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
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