8450 SW 74 TER, South Miami, FL 33143

8450 SW 74 TER, South Miami, FL 33143 is a 6-bedroom, 4.5-bathroom residential - single family : 1 unit built in 1983 with 4,887 square feet of living space on a 15,000 square foot lot. The property is currently owned by MANUEL F FERNANDEZ, 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 2001-04-01 for $535,000. The property has appreciated $145,000 (37%) since the prior sale of $390,000 on 1994-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,165,085 with a market value of $1,165,085. This breaks down to $625,000 for the land and $540,085 for the building. The assessed value decreased 1% from $1,172,129 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $71,597, and the median home value is $488,300. The population density is 6,657 people per square mile.

8450 SW 74 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 1993 to 2001, with 3 recorded transactions in the public record.

The current assessed value represents 218% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. There is 1 active building permit on this property, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $109 per square foot — a key metric for comparing value across South Miami's real estate market..