8440 SW 68 ST, South Miami, FL 33143

Parcel: 3040270080340 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$467,604

Property Details

Beds
3
Baths
2
Living Sqft
2,116
Year Built
1950
Lot Sqft
36,590
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2009-05-06
PABLO ALVAREZ &W MARIA T LEMARIA DE J ALVAREZ &
2
$100non-market transfer
2014-12-11
MARIA DE J ALVAREZMARIA DE JESUS ALVAREZ
3
$90,000
2017-01-24
MARIA DE JESUS ALVAREZMARIA DE JESUS ALVAREZ

Tax Assessment History

$467,604
Assessed (2025)
$1,242,861
Market Value
$416,882
Taxable Value
$8,487
Annual Tax
2024
$454,426
$1,075,915
2025
$467,604
$1,242,861
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $467,604 $1,242,861 $416,882 $8,487
2024 $454,426 $1,075,915 $404,426 $8,234

About 8440 SW 68 ST, South Miami, FL 33143

8440 SW 68 ST, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1950 with 2,116 square feet of living space on a 36,590 square foot lot. The property is currently owned by MARIA DE JESUS ALVAREZ, 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 2017-01-24 for $90,000, when MARIA DE JESUS ALVAREZ sold to MARIA DE JESUS ALVAREZ . The property has appreciated $89,900 (89900%) since the prior sale of $100 on 2014-12-11. There are 3 recorded sales for this property.

The 2025 assessed value is $467,604 with a market value of $1,242,861. This breaks down to $1,008,000 for the land and $234,861 for the building. The assessed value increased 3% from $454,426 in 2024.

The property has the following tax exemptions: homestead. 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 $391,260 recorded against this property. 8440 SW 68 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 2009 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 520% 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 $43 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

MARIA DE JESUS ALVAREZ
8440 SW 68 ST, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,011 — $11,087
Flood $400 — $800
Property/Wind $5,611 — $10,287

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
$400,000
~$391,260 bal.
POWER FINANCIAL CU · 2024-05-13
Est. Total Balance $391,260
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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