7875 SW 67 TER, South Miami, FL 33143

Parcel: 3040270000170 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$318,105

Property Details

Beds
2
Baths
2
Living Sqft
2,650
Year Built
1954
Lot Sqft
33,541
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$85,500
1979-03-01
2
$204,909+140%
1987-12-01

Tax Assessment History

$318,105
Assessed (2025)
$1,224,374
Market Value
$267,383
Taxable Value
$5,444
Annual Tax
2024
$309,140
$1,070,445
2025
$318,105
$1,224,374
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $318,105 $1,224,374 $267,383 $5,444
2024 $309,140 $1,070,445 $259,140 $5,276

About 7875 SW 67 TER, South Miami, FL 33143

7875 SW 67 TER, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 2,650 square feet of living space on a 33,541 square foot lot. The property is currently owned by MARIO B BACALLAO &W ANA, 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 1987-12-01 for $204,909. The property has appreciated $119,409 (140%) since the prior sale of $85,500 on 1979-03-01. The 2025 assessed value is $318,105 with a market value of $1,224,374.

This breaks down to $924,000 for the land and $300,374 for the building. The assessed value increased 3% from $309,140 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. 7875 SW 67 TER, 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 1979 to 1987, with 2 recorded transactions in the public record. The current assessed value represents 155% 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 $77 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

MARIO B BACALLAO &W ANA
7875 SW 67 TERR, MIAMI, FL, 33143-2716
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,217 — $7,798
Flood $400 — $800
Property/Wind $3,817 — $6,998

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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