8231 SW 87 TER, South Miami, FL 33143

Parcel: 3040340120190 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$524,703

Property Details

Beds
4
Baths
3.5
Living Sqft
3,417
Year Built
1965
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$155,000
1988-05-01
2
$195,000+26%
1994-09-01
3
$100non-market transfer
2023-12-11
RAMON LOPEZ &W BARBARA IRAMON LOPEZ TRS
4
N/A
2023-12-18

Tax Assessment History

$524,703
Assessed (2025)
$1,194,642
Market Value
$473,981
Taxable Value
$9,650
Annual Tax
2024
$509,916
$1,124,857
2025
$524,703
$1,194,642
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $524,703 $1,194,642 $473,981 $9,650
2024 $509,916 $1,124,857 $459,916 $9,364

About 8231 SW 87 TER, South Miami, FL 33143

8231 SW 87 TER, South Miami, FL 33143 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1965 with 3,417 square feet of living space on a 15,000 square foot lot. The property is currently owned by RAMON LOPEZ TRS THE LOPEZ FAMILY REVOCABLE TRUST, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

There are 4 recorded sales for this property. The 2025 assessed value is $524,703 with a market value of $1,194,642. This breaks down to $675,000 for the land and $519,642 for the building.

The assessed value increased 3% from $509,916 in 2024. The property has the following tax exemptions: homestead. The median household income in this area is $150,809, and the median home value is $814,900.

The population density is 3,263 people per square mile. There are active mortgage liens totaling $1,077,875 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 8231 SW 87 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 1988 to 2023, with 4 recorded transactions in the public record..

Code Violations 1 open

A2010002369 open
2010-04-12

Distress Signals

  • 1 open code violation

Current Owner

RAMON LOPEZ TRS THE LOPEZ FAMILY REVOCABLE TRUST
8231 SW 87 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$6,696 — $12,343
Flood $400 — $800
Property/Wind $6,296 — $11,543

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$150,809
Median Home Value$814,900
Pop. Density3,263/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
$1,100,000
~$1,077,875 bal.
NQM FUNDING LLC · 2024-07-09
Est. Total Balance $1,077,875
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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