8620 SW 86 AVE, South Miami, FL 33143

Parcel: 3040340160380 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$572,330

Property Details

Beds
3
Baths
2
Living Sqft
2,101
Year Built
1969
Lot Sqft
10,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$185,000
1997-07-01
2
$635,000+243%
2019-11-22
HUMBERTO M GONZALEZ &W MARLENE MKEVIN J HUGHES
3
$1,180,000+86%
2025-05-13
KEVIN J HUGHESJULIO MODIA
4
$1,180,000
2025-06-17

Tax Assessment History

$572,330
Assessed (2025)
$789,625
Market Value
$521,608
Taxable Value
$10,620
Annual Tax
2024
$556,201
$655,142
2025
$572,330
$789,625
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $572,330 $789,625 $521,608 $10,620
2024 $556,201 $655,142 $506,201 $10,306

About 8620 SW 86 AVE, South Miami, FL 33143

8620 SW 86 AVE, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 2,101 square feet of living space on a 10,500 square foot lot. The property is currently owned by JULIO MODIA, 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 2025-06-17 for $1,180,000. There are 4 recorded sales for this property. The 2025 assessed value is $572,330 with a market value of $789,625.

This breaks down to $495,000 for the land and $294,625 for the building. The assessed value increased 3% from $556,201 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 $762,178 recorded against this property.

8620 SW 86 AVE, 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 1997 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 49% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $562 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2026061434 building F

Current Owner

JULIO MODIA
8620 SW 86 AVE, CORAL GABLES, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$7,267 — $13,391
Flood $400 — $800
Property/Wind $6,867 — $12,591

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
$770,000
~$762,178 bal.
MEGA CAPITAL FUNDING INC · 2025-06-17
Est. Total Balance $762,178
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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