8440 SW 87 TER, South Miami, FL 33143

8440 SW 87 TER, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1966 with 1,716 square feet of living space on a 10,500 square foot lot. The property is currently owned by GIL LOZANO &W MARITZA MENDEZ, 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 2004-05-01 for $340,000. The property has appreciated $223,000 (191%) since the prior sale of $117,000 on 1991-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $318,637 with a market value of $727,597. This breaks down to $495,000 for the land and $232,597 for the building. The assessed value increased 3% from $309,657 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.

8440 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 1991 to 2004, with 3 recorded transactions in the public record.

The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $198 per square foot — a key metric for comparing value across South Miami's real estate market..