8600 SW 74 TER, South Miami, FL 33143

Parcel: 3040340150450 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$389,528

Property Details

Beds
5
Baths
3
Living Sqft
3,448
Year Built
1967
Lot Sqft
17,153
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$275,000
1992-03-01
2
$280,000+2%
1993-10-01

Tax Assessment History

$389,528
Assessed (2025)
$1,126,994
Market Value
$338,806
Taxable Value
$6,898
Annual Tax
2024
$378,551
$1,046,856
2025
$389,528
$1,126,994
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $389,528 $1,126,994 $338,806 $6,898
2024 $378,551 $1,046,856 $328,551 $6,689

About 8600 SW 74 TER, South Miami, FL 33143

8600 SW 74 TER, South Miami, FL 33143 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 1967 with 3,448 square feet of living space on a 17,153 square foot lot. The property is currently owned by SEBASTIAN M PLANAS &W MARIA B, 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 1993-10-01 for $280,000. The property has appreciated $5,000 (2%) since the prior sale of $275,000 on 1992-03-01. The 2025 assessed value is $389,528 with a market value of $1,126,994.

This breaks down to $723,442 for the land and $403,552 for the building. The assessed value increased 3% from $378,551 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. There are active mortgage liens totaling $216,339 recorded against this property.

8600 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 1992 to 1993, with 2 recorded transactions in the public record.

The current assessed value represents 139% 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 $81 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2026107764 building A
C2025138020 building F $44,800
W2023152381 electrical F $40

Current Owner

SEBASTIAN M PLANAS &W MARIA B
8600 SW 74 TERR, MIAMI, FL, 33143-3710
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,074 — $9,369
Flood $400 — $800
Property/Wind $4,674 — $8,569

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$71,597
Median Home Value$488,300
Pop. Density6,657/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
$220,000
~$216,339 bal.
SOFI BANK NA · 2024-11-19
Est. Total Balance $216,339
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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