7950 SW 78 ST, South Miami, FL 33143

7950 SW 78 ST, South Miami, FL 33143 is a 6-bedroom, 5-bathroom residential - single family : 1 unit built in 1963 with 5,530 square feet of living space on a 51,836 square foot lot. The property is currently owned by JOSE A VEGA &W CLARA M, 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 1993-05-01 for $254,900. The 2025 assessed value is $806,044 with a market value of $2,519,759. This breaks down to $1,788,342 for the land and $731,417 for the building.

The assessed value increased 3% from $783,328 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. 7950 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 current assessed value represents 316% 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 $46 per square foot — a key metric for comparing value across South Miami's real estate market..