8321 SW 87 TER, South Miami, FL 33143

8321 SW 87 TER, South Miami, FL 33143 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1964 with 2,709 square feet of living space on a 15,000 square foot lot. The property is currently owned by CARLOS RICO &W PATRICIA A, 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 2008-06-01 for $625,000. The property has appreciated $350,000 (127%) since the prior sale of $275,000 on 2000-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $484,166 with a market value of $1,017,805. This breaks down to $675,000 for the land and $342,805 for the building. The assessed value increased 3% from $470,521 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.

8321 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 1976 to 2008, with 3 recorded transactions in the public record.

The current assessed value represents 77% of the most recent sale price. Based on the most recent sale, this property traded at $231 per square foot — a key metric for comparing value across South Miami's real estate market..