7120 SW 83 PL, South Miami, FL 33143

Parcel: 3040270070060 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$372,169

Property Details

Beds
3
Baths
2
Living Sqft
1,449
Year Built
1971
Lot Sqft
5,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$84,000
1990-09-01
2
$126,500+51%
1997-12-01
3
$255,000+102%
2014-01-17
SCOT A CORWINODALYS VERA

Tax Assessment History

$372,169
Assessed (2025)
$562,601
Market Value
$321,447
Taxable Value
$6,544
Annual Tax
2024
$359,083
$445,373
2025
$372,169
$562,601
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $372,169 $562,601 $321,447 $6,544
2024 $359,083 $445,373 $309,083 $6,293

About 7120 SW 83 PL, South Miami, FL 33143

7120 SW 83 PL, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,449 square feet of living space on a 5,250 square foot lot. The property is currently owned by ODALYS VERA, 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 2014-01-17 for $255,000, when SCOT A CORWIN sold to ODALYS VERA. The property has appreciated $128,500 (102%) since the prior sale of $126,500 on 1997-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $372,169 with a market value of $562,601. This breaks down to $366,438 for the land and $196,163 for the building. The assessed value increased 4% from $359,083 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.

7120 SW 83 PL, 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 1990 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 146% 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 $176 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2003077585 limp expired

Current Owner

ODALYS VERA
7120 SW 83 PL, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,121 — $7,499
Flood $400 — $800
Property/Wind $3,721 — $6,699

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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