7985 SW 86 ST 406, South Miami, FL 33143

Parcel: 3040340230540 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$261,620

Property Details

Beds
2
Baths
2
Living Sqft
1,042
Year Built
1975
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$35,600
1976-02-01
2
$195,000+448%
2015-12-20
CAROLINE THIELE LE VENETIAN SHORES VENTURE LLC
3
$270,000+38%
2021-01-01
VENETIAN SHORES VENTURE LLCKCW 406 LLC

Tax Assessment History

$261,620
Assessed (2025)
$280,500
Market Value
$261,620
Taxable Value
$5,326
Annual Tax
2024
$237,837
$280,500
2025
$261,620
$280,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $261,620 $280,500 $261,620 $5,326
2024 $237,837 $280,500 $237,837 $4,842

About 7985 SW 86 ST 406, South Miami, FL 33143

7985 SW 86 ST 406, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1975 with 1,042 square feet of living space. The property is currently owned by KCW 406 LLC, 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 2021-01-01 for $270,000, when VENETIAN SHORES VENTURE LLC sold to KCW 406 LLC. The property has appreciated $75,000 (38%) since the prior sale of $195,000 on 2015-12-20. There are 3 recorded sales for this property.

The 2025 assessed value is $261,620 with a market value of $280,500. The assessed value increased 10% from $237,837 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 406, 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 1976 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $259 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

KCW 406 LLC
10720 W FLAGLER ST #17, MIAMI, FL, 33174
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$3,016 — $5,509
Flood $400 — $800
Property/Wind $2,616 — $4,709

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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