8420 SW 70 ST, South Miami, FL 33143

Parcel: 3040270080250 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,160,775

Property Details

Beds
2
Baths
1
Living Sqft
1,399
Year Built
1954
Lot Sqft
36,590
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2014-04-14
FERNANDO L ORTIZ &W DEBRADEBRA H ORTIZ
2
$500,000
2014-12-29
DEBRA H ORTIZFERNANDO SANCHEZ
3
$1,200,000+140%
2024-10-24
FERNANDO SANCHEZINITIUM AT PINES LLC

Tax Assessment History

$1,160,775
Assessed (2025)
$1,160,775
Market Value
$1,160,775
Taxable Value
$23,632
Annual Tax
2024
$665,165
$967,069
2025
$1,160,775
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,160,775 $1,160,775 $1,160,775 $23,632
2024 $665,165 $967,069 $615,165 $12,524

About 8420 SW 70 ST, South Miami, FL 33143

8420 SW 70 ST, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1954 with 1,399 square feet of living space on a 36,590 square foot lot. The property is currently owned by INITIUM AT PINES LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-10-24 for $1,200,000, when FERNANDO SANCHEZ sold to INITIUM AT PINES LLC. The property has appreciated $700,000 (140%) since the prior sale of $500,000 on 2014-12-29. There are 3 recorded sales for this property.

The 2025 assessed value is $1,160,775 with a market value of $1,160,775. This breaks down to $1,031,800 for the land and $128,975 for the building. The assessed value increased 75% from $665,165 in 2024.

The median household income in this area is $71,597, and the median home value is $488,300. The population density is 6,657 people per square mile. There are active mortgage liens totaling $442,611 recorded against this property.

8420 SW 70 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 2014 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $858 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
N1993082619 plumbing expired

Current Owner

INITIUM AT PINES LLC
13380 SW 131 ST 114, MIAMI, FL, 33186
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: DIAZ CARO ROSEMARIE
View on Sunbiz →

Est. Annual Insurance

$14,329 — $26,337
Flood $400 — $800
Property/Wind $13,929 — $25,537

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$71,597
Median Home Value$488,300
Pop. Density6,657/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
$450,000
~$442,611 bal.
UNITED WHOLESALE MORTGAGE LLC · 2024-11-01
Est. Total Balance $442,611
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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