7985 SW 86 ST 401, South Miami, FL 33143

Parcel: 3040340230490 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$259,121

Property Details

Beds
2
Baths
2
Living Sqft
1,140
Year Built
1975
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$66,500
1989-02-01
2
$87,500+32%
1996-06-01
3
$95,000+9%
1999-04-01

Tax Assessment History

$259,121
Assessed (2025)
$294,500
Market Value
$259,121
Taxable Value
$5,275
Annual Tax
2024
$235,565
$310,000
2025
$259,121
$294,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $259,121 $294,500 $259,121 $5,275
2024 $235,565 $310,000 $235,565 $4,796

About 7985 SW 86 ST 401, South Miami, FL 33143

7985 SW 86 ST 401, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1975 with 1,140 square feet of living space. The property is currently owned by GUILEO S A, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1999-04-01 for $95,000. The property has appreciated $7,500 (9%) since the prior sale of $87,500 on 1996-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $259,121 with a market value of $294,500. The assessed value increased 10% from $235,565 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. 7985 SW 86 ST 401, 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 1989 to 1999, with 3 recorded transactions in the public record. The current assessed value represents 273% 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 $83 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

GUILEO S A
7801 NW 37 ST EPS A435, MIAMI, FL, 33166-6503
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,991 — $5,464
Flood $400 — $800
Property/Wind $2,591 — $4,664

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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