8201 SW 78 ST, South Miami, FL 33143

Parcel: 3040340000280 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$1,194,888

Property Details

Beds
7
Baths
6.5
Living Sqft
5,069
Year Built
1998
Lot Sqft
36,590
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$111,000
1971-05-01
2
$775,000+598%
1986-12-01
3
$205,000-74%
1994-04-01

Tax Assessment History

$1,194,888
Assessed (2025)
$2,303,853
Market Value
$1,144,166
Taxable Value
$23,294
Annual Tax
2024
$1,161,213
$2,011,183
2025
$1,194,888
$2,303,853
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,194,888 $2,303,853 $1,144,166 $23,294
2024 $1,161,213 $2,011,183 $1,111,213 $22,623

About 8201 SW 78 ST, South Miami, FL 33143

8201 SW 78 ST, South Miami, FL 33143 is a 7-bedroom, 6.5-bathroom residential - single family : 1 unit built in 1998 with 5,069 square feet of living space on a 36,590 square foot lot. The property is currently owned by ROMULO ESPINOSA &W ELOINA FRANCO, 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 1994-04-01 for $205,000. The property sold for $570,000 less than the prior sale of $775,000 on 1986-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,194,888 with a market value of $2,303,853. This breaks down to $1,262,355 for the land and $1,041,498 for the building. The assessed value increased 3% from $1,161,213 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.

8201 SW 78 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 1971 to 1994, with 3 recorded transactions in the public record.

The current assessed value represents 583% 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 $40 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

ROMULO ESPINOSA &W ELOINA FRANCO
8201 SW 78 ST, MIAMI, FL, 33143-3810
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$9,959 — $17,528
Flood $400 — $800
Property/Wind $9,559 — $16,728

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 →
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