8700 SW 86 AVE, South Miami, FL 33143

Parcel: 3040340160390 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$267,913

Property Details

Beds
4
Baths
2
Living Sqft
3,072
Year Built
1969
Lot Sqft
10,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$144,000
1987-08-01

Tax Assessment History

$267,913
Assessed (2025)
$817,524
Market Value
$217,191
Taxable Value
$4,422
Annual Tax
2024
$260,363
$682,538
2025
$267,913
$817,524
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $267,913 $817,524 $217,191 $4,422
2024 $260,363 $682,538 $210,363 $4,283

About 8700 SW 86 AVE, South Miami, FL 33143

8700 SW 86 AVE, South Miami, FL 33143 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1969 with 3,072 square feet of living space on a 10,500 square foot lot. The property is currently owned by RICARDO GARCIA &W MARIA M, 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 1987-08-01 for $144,000. The 2025 assessed value is $267,913 with a market value of $817,524. This breaks down to $495,000 for the land and $322,524 for the building.

The assessed value increased 3% from $260,363 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. 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.

8700 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 current assessed value represents 186% 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. Based on the most recent sale, this property traded at $47 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

RICARDO GARCIA &W MARIA M
8700 SW 86 AVE, MIAMI, FL, 33143-6964
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,614 — $6,694
Flood $400 — $800
Property/Wind $3,214 — $5,894

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 →
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