8341 SW 87 TER, South Miami, FL 33143

Parcel: 3040340120250 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,013,827

Property Details

Beds
4
Baths
2
Living Sqft
2,886
Year Built
1963
Lot Sqft
15,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$615,000
2006-04-01
2
$585,000-5%
2012-08-30
ANGEL M SUAREZ &W MARIA CRISTINAJENNIFER D COLINA
3
$1,325,000+126%
2024-11-08
JENNIFER D COLINAJOHN ANDRAOS
4
$1,325,000
2024-11-20

Tax Assessment History

$1,013,827
Assessed (2025)
$1,013,827
Market Value
$1,013,827
Taxable Value
$20,641
Annual Tax
2024
$508,501
$939,760
2025
$1,013,827
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,013,827 $1,013,827 $1,013,827 $20,641
2024 $508,501 $939,760 $458,501 $9,335

About 8341 SW 87 TER, South Miami, FL 33143

8341 SW 87 TER, South Miami, FL 33143 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1963 with 2,886 square feet of living space on a 15,000 square foot lot. The property is currently owned by JOHN ANDRAOS, 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 2024-11-20 for $1,325,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,013,827 with a market value of $1,013,827.

This breaks down to $675,000 for the land and $338,827 for the building. The assessed value increased 99% from $508,501 in 2024. 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 $290,800 recorded against this property. 8341 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 2006 to 2024, with 4 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 $459 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2025130334 building F $10,000

Current Owner

JOHN ANDRAOS
8341 SW 87 TER, CORAL GABLES, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$12,565 — $23,104
Flood $400 — $800
Property/Wind $12,165 — $22,304

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
$500,000
~$290,800 bal.
GOLDEN STATE BANK · 2025-08-18
2 satisfied mortgages
SATISFIED 2024-11-20
$1,060,000
CAKE MORTGAGE CORP
SATISFIED 2020-11-16
$415,000
WYNDHAM CAPITAL MORTGAGE INC
Est. Total Balance $290,800
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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