7975 SW 86 ST 203, South Miami, FL 33143

Parcel: 3040340230190 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$207,744

Property Details

Beds
1
Baths
1
Living Sqft
833
Year Built
1975
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$39,000
1995-11-01
2
$163,900+320%
2005-04-01
3
$88,900-46%
2019-08-19
MARY JO VILLAR RICARDO VILLAR

Tax Assessment History

$207,744
Assessed (2025)
$231,500
Market Value
$207,744
Taxable Value
$4,230
Annual Tax
2024
$188,859
$231,500
2025
$207,744
$231,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $207,744 $231,500 $207,744 $4,230
2024 $188,859 $231,500 $188,859 $3,845

About 7975 SW 86 ST 203, South Miami, FL 33143

7975 SW 86 ST 203, South Miami, FL 33143 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1975 with 833 square feet of living space. The property is currently owned by RICARDO VILLAR MJV 203 CONDO LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2019-08-19 for $88,900, when MARY JO VILLAR sold to RICARDO VILLAR . The property sold for $75,000 less than the prior sale of $163,900 on 2005-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $207,744 with a market value of $231,500. The assessed value increased 10% from $188,859 in 2024. 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. 7975 SW 86 ST 203, 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 1995 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 234% 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 $107 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

RICARDO VILLAR MJV 203 CONDO LLC
8232 SW 84 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$2,477 — $4,539
Flood $400 — $800
Property/Wind $2,077 — $3,739

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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