7891 SW 57 TER, South Miami, FL 33143

7891 SW 57 TER, South Miami, FL 33143 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1988 with 3,064 square feet of living space on a 14,042 square foot lot. The property is currently owned by MARIA DEL CARMEN CARRERAS, 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 1994-02-01 for $346,500, when ALVARO CARLOS CARRERAS JR EST OF sold to MARIA DEL CARMEN CARRERAS. The property has appreciated $291,500 (530%) since the prior sale of $55,000 on 1986-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $442,979 with a market value of $1,011,504. This breaks down to $561,680 for the land and $449,824 for the building. The assessed value increased 3% from $430,495 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.

7891 SW 57 TER, 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 1985 to 1994, with 3 recorded transactions in the public record.

The current assessed value represents 128% 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 $113 per square foot — a key metric for comparing value across South Miami's real estate market..