7120 SW 83 CT, South Miami, FL 33143

Parcel: 3040270070200 · Residential - Single Family · 1 Unit · Zoning: 5700

Assessed Value (2025)
$411,525

Property Details

Beds
2
Baths
1
Living Sqft
800
Year Built
1950
Lot Sqft
5,775
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1988-09-01
2
$260,000
2018-05-11
MARTHA C SONDEREGGER (TR) ERICK A CHAVEZ

Tax Assessment History

$411,525
Assessed (2025)
$486,893
Market Value
$411,525
Taxable Value
$8,378
Annual Tax
2024
$374,114
$381,387
2025
$411,525
$486,893
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $411,525 $486,893 $411,525 $8,378
2024 $374,114 $381,387 $374,114 $7,617

About 7120 SW 83 CT, South Miami, FL 33143

7120 SW 83 CT, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 800 square feet of living space on a 5,775 square foot lot. The property is currently owned by ERICK A CHAVEZ, 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 2018-05-11 for $260,000, when MARTHA C SONDEREGGER (TR) sold to ERICK A CHAVEZ. The 2025 assessed value is $411,525 with a market value of $486,893. This breaks down to $385,206 for the land and $101,687 for the building.

The assessed value increased 10% from $374,114 in 2024. 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.

There are active mortgage liens totaling $260,242 recorded against this property. 7120 SW 83 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 complete ownership history of this property spans from 1988 to 2018, with 2 recorded transactions in the public record. The current assessed value represents 158% 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 $325 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2023148508 building F

Current Owner

ERICK A CHAVEZ
7120 SW 83 CT, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,338 — $9,853
Flood $400 — $800
Property/Wind $4,938 — $9,053

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 →

Mortgages

ACTIVE
$277,500
~$260,242 bal.
QUICKEN LOANS LLC · 2021-03-05
Est. Total Balance $260,242
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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