7985 SW 86 ST 404, South Miami, FL 33143
Parcel: 3040340230520 · Residential · Condominium - Residential · Zoning: 3800
Assessed Value (2025)
$231,500
Property Details
Beds
1
Baths
1
Living Sqft
833
Year Built
1975
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$60,000
1997-07-01
2
$80,000+33%
2009-12-04
ZAIRA M VERA → GIANCARLOS SALGADO JTRS
3
$299,000+274%
2024-11-01
GIANCARLOS SALGADO JTRS → JOSEPH ELIAS MOUHANNA JR
4
$299,000
2024-12-03
Tax Assessment History
$231,500
Assessed (2025)
$231,500
Market Value
$231,500
Taxable Value
$4,713
Annual Tax
2024
$184,467
$231,500
2025
$231,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $231,500 | $231,500 | $231,500 | $4,713 | $0 | $0 |
| 2024 | $184,467 | $231,500 | $184,467 | $3,756 | $0 | $0 |
About 7985 SW 86 ST 404, South Miami, FL 33143
7985 SW 86 ST 404, 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 JOSEPH ELIAS MOUHANNA JR, 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 2024-12-03 for $299,000. There are 4 recorded sales for this property. The 2025 assessed value is $231,500 with a market value of $231,500.
The assessed value increased 25% from $184,467 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.
There are active mortgage liens totaling $232,070 recorded against this property. 7985 SW 86 ST 404, 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 2024, with 4 recorded transactions in the public record. The current assessed value represents 77% of the most recent sale price. Based on the most recent sale, this property traded at $359 per square foot — a key metric for comparing value across South Miami's real estate market..
Current Owner
JOSEPH ELIAS MOUHANNA JR
7985 SW 86 ST 404, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$2,715 — $4,967
Flood $400 — $800
Property/Wind $2,315 — $4,167
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
Mortgages
ACTIVE 6.625% rate
$236,000
FIRST AMERICAN BANK · 2024-12-03
1 satisfied mortgage
SATISFIED 2024-01-05
$150,000
CAPITAL INTERNATIONAL FINANCIAL INC
Est. Total Balance $232,070
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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