7985 SW 86 ST 405, South Miami, FL 33143
Parcel: 3040340230530 · Residential · Condominium - Residential · Zoning: 3800
Assessed Value (2025)
$190,959
Property Details
Beds
2
Baths
2
Living Sqft
1,140
Year Built
1975
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$10,100
2010-10-14
GRACE CARBONELL → KINGS CREEK WEST CONDO ASSOC INC
2
$135,000+1237%
2014-03-26
GRACE CARBONELL → FORUM REAL ESTATE GROUP INC
3
$100non-market transfer
2014-04-28
FORUM REAL ESTATE GROUP INC → IVETTE CRUZ
Tax Assessment History
$190,959
Assessed (2025)
$294,500
Market Value
$140,237
Taxable Value
$2,855
Annual Tax
2024
$185,578
$310,000
2025
$190,959
$294,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $190,959 | $294,500 | $140,237 | $2,855 | $0 | $0 |
| 2024 | $185,578 | $310,000 | $135,578 | $2,760 | $0 | $0 |
About 7985 SW 86 ST 405, South Miami, FL 33143
7985 SW 86 ST 405, 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 IVETTE CRUZ, 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 2014-04-28 for $100, when FORUM REAL ESTATE GROUP INC sold to IVETTE CRUZ. The property sold for $134,900 less than the prior sale of $135,000 on 2014-03-26. There are 3 recorded sales for this property.
The 2025 assessed value is $190,959 with a market value of $294,500. The assessed value increased 3% from $185,578 in 2024. The property has the following tax exemptions: homestead.
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 405, 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 2010 to 2014, with 3 recorded transactions in the public record..
Current Owner
IVETTE CRUZ
7985 SW 86 ST #405, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$2,309 — $4,237
Flood $400 — $800
Property/Wind $1,909 — $3,437
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
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