8500 SW 87 TER, South Miami, FL 33143

8500 SW 87 TER, South Miami, FL 33143 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1967 with 2,204 square feet of living space on a 11,550 square foot lot. The property is currently owned by JOSE RAMON FERNANDEZ AMANDA VICTORIA NOGUES FERNANDEZ, 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 2021-02-09 for $732,500, when RICHELLE C TANDOC &W sold to JOSE RAMON FERNANDEZ . The property has appreciated $162,500 (29%) since the prior sale of $570,000 on 2007-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $679,697 with a market value of $930,963. This breaks down to $523,875 for the land and $407,088 for the building. The assessed value increased 3% from $660,542 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.

There are active mortgage liens totaling $578,527 recorded against this property. 8500 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 2007 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $332 per square foot — a key metric for comparing value across South Miami's real estate market..