8251 SW 87 TER, South Miami, FL 33143

Parcel: 3040340120200 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$671,519

Property Details

Beds
3
Baths
2
Living Sqft
1,513
Year Built
1964
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2022-01-13
ROSEMARY BRESLOWROSEMARY J BRESLOW TRS
2
$815,000
2024-12-19
ROSEMARY J BRESLOW TRSGREGORY AUGUSTINE MAGNER JR
3
$815,000
2025-01-09

Tax Assessment History

$671,519
Assessed (2025)
$769,919
Market Value
$620,797
Taxable Value
$12,639
Annual Tax
2024
$818,895
2025
$671,519
$769,919
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $671,519 $769,919 $620,797 $12,639
2024 $818,895 $818,895 $818,895 $16,672

About 8251 SW 87 TER, South Miami, FL 33143

8251 SW 87 TER, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1964 with 1,513 square feet of living space on a 15,000 square foot lot. The property is currently owned by GREGORY AUGUSTINE MAGNER JR LINA PAOLA HEREDIA, 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 2025-01-09 for $815,000. There are 3 recorded sales for this property. The 2025 assessed value is $671,519 with a market value of $769,919.

This breaks down to $675,000 for the land and $94,919 for the building. The assessed value decreased 18% from $818,895 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 $762,942 recorded against this property.

8251 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 2022 to 2025, with 3 recorded transactions in the public record.

The current assessed value represents 82% of the most recent sale price. Based on the most recent sale, this property traded at $539 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2025003939 building F

Current Owner

GREGORY AUGUSTINE MAGNER JR LINA PAOLA HEREDIA
8251 SW 87 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,458 — $15,573
Flood $400 — $800
Property/Wind $8,058 — $14,773

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
$774,250
~$762,942 bal.
UNITED WHOLESALE MORTGAGE LLC · 2025-01-09
Est. Total Balance $762,942
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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