7040 SW 79 CT, South Miami, FL 33143

Parcel: 3040270000320 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$391,029

Property Details

Beds
3
Baths
3
Living Sqft
2,837
Year Built
1953
Lot Sqft
38,115
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$52,500
1976-09-01

Tax Assessment History

$391,029
Assessed (2025)
$1,385,265
Market Value
$340,307
Taxable Value
$6,928
Annual Tax
2024
$380,009
$1,211,509
2025
$391,029
$1,385,265
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $391,029 $1,385,265 $340,307 $6,928
2024 $380,009 $1,211,509 $330,009 $6,719

About 7040 SW 79 CT, South Miami, FL 33143

7040 SW 79 CT, South Miami, FL 33143 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1953 with 2,837 square feet of living space on a 38,115 square foot lot. The property is currently owned by FERNANDO TAMAYO &W SUZANNE, 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 1976-09-01 for $52,500. The 2025 assessed value is $391,029 with a market value of $1,385,265. This breaks down to $1,050,000 for the land and $335,265 for the building.

The assessed value increased 3% from $380,009 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. 7040 SW 79 CT, 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 745% 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 $19 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2001175855 limp expired

Current Owner

FERNANDO TAMAYO &W SUZANNE
7040 SW 79 CT, SO MIAMI, FL, 33143-2608
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,092 — $9,402
Flood $400 — $800
Property/Wind $4,692 — $8,602

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 →
Zoom in to see property sales