8505 SW 81 TER, South Miami, FL 33143

Parcel: 3040340170250 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$911,321

Property Details

Beds
3
Baths
2
Living Sqft
2,361
Year Built
1974
Lot Sqft
17,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$196,000
1997-08-01
2
N/Anon-market transfer
2006-01-01
3
$825,000
2021-10-07
CRISTINA MUSLERAFERNANDO O BARZANA JR

Tax Assessment History

$911,321
Assessed (2025)
$1,065,148
Market Value
$860,599
Taxable Value
$17,521
Annual Tax
2024
$885,638
2025
$911,321
$1,065,148
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $911,321 $1,065,148 $860,599 $17,521
2024 $885,638 $885,638 $835,638 $17,013

About 8505 SW 81 TER, South Miami, FL 33143

8505 SW 81 TER, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1974 with 2,361 square feet of living space on a 17,000 square foot lot. The property is currently owned by FERNANDO O BARZANA JR CHANEL IBANEZ, 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 2021-10-07 for $825,000, when CRISTINA MUSLERA sold to FERNANDO O BARZANA JR. There are 3 recorded sales for this property. The 2025 assessed value is $911,321 with a market value of $1,065,148.

This breaks down to $673,750 for the land and $391,398 for the building. The assessed value increased 3% from $885,638 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 $468,395 recorded against this property.

8505 SW 81 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 1997 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 110% of the most recent sale price. Based on the most recent sale, this property traded at $349 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

FERNANDO O BARZANA JR CHANEL IBANEZ
8505 SW 81 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$9,513 — $17,203
Flood $400 — $800
Property/Wind $9,113 — $16,403

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
$495,000
~$468,395 bal.
WELLS FARGO BANK NA · 2021-10-19
Est. Total Balance $468,395
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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