7875 SW 78 ST, South Miami, FL 33143

Parcel: 3040340020020 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$825,391

Property Details

Beds
5
Baths
3
Living Sqft
3,994
Year Built
1960
Lot Sqft
40,075
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$590,000
2002-01-01
2
$960,000+63%
2007-06-01
3
$220,700-77%
2020-04-29
JOHN ARISTIDES MEKRAS &W PAMELA SJOHN ARTIDES MEKRAS

Tax Assessment History

$825,391
Assessed (2025)
$1,930,710
Market Value
$774,669
Taxable Value
$15,772
Annual Tax
2024
$802,130
$1,754,558
2025
$825,391
$1,930,710
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $825,391 $1,930,710 $774,669 $15,772
2024 $802,130 $1,754,558 $752,130 $15,313

About 7875 SW 78 ST, South Miami, FL 33143

7875 SW 78 ST, South Miami, FL 33143 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1960 with 3,994 square feet of living space on a 40,075 square foot lot. The property is currently owned by JOHN ARTIDES MEKRAS PAMELA SUE MEKRAS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-04-29 for $220,700, when JOHN ARISTIDES MEKRAS &W PAMELA S sold to JOHN ARTIDES MEKRAS. The property sold for $739,300 less than the prior sale of $960,000 on 2007-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $825,391 with a market value of $1,930,710. This breaks down to $1,382,588 for the land and $548,122 for the building. The assessed value increased 3% from $802,130 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 $808,907 recorded against this property. 7875 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 2002 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 374% 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 $55 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

JOHN ARTIDES MEKRAS PAMELA SUE MEKRAS
7875 SW 78 ST, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$10,304 — $18,958
Flood $400 — $800
Property/Wind $9,904 — $18,158

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 5.75% rate
$840,000
~$808,907 bal.
TROPICAL FINANCIAL CU · 2023-09-27
Est. Total Balance $808,907
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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