8140 SW 87 TER, South Miami, FL 33143

Parcel: 3040340250100 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$329,399

Property Details

Beds
2
Baths
2
Living Sqft
2,039
Year Built
1980
Lot Sqft
1,740
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$275,000
2011-05-23
JOHN B RINCON &W MARIA IGERMAN D LOPEZ
2
$425,000+55%
2018-08-21
GERMAN D LOPEZALEXIS INVESTMENTS LLC
3
$556,500+31%
2021-08-20
ALEXIS INVESTMENTS LLCHERMINIA HERRERA

Tax Assessment History

$329,399
Assessed (2025)
$576,650
Market Value
$278,677
Taxable Value
$5,674
Annual Tax
2024
$320,116
$607,000
2025
$329,399
$576,650
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $329,399 $576,650 $278,677 $5,674
2024 $320,116 $607,000 $270,116 $5,499

About 8140 SW 87 TER, South Miami, FL 33143

8140 SW 87 TER, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1980 with 2,039 square feet of living space on a 1,740 square foot lot. The property is currently owned by HERMINIA HERRERA, 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 2021-08-20 for $556,500, when ALEXIS INVESTMENTS LLC sold to HERMINIA HERRERA. The property has appreciated $131,500 (31%) since the prior sale of $425,000 on 2018-08-21. There are 3 recorded sales for this property.

The 2025 assessed value is $329,399 with a market value of $576,650. The assessed value increased 3% from $320,116 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. 8140 SW 87 TER, 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 2011 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 59% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $273 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

HERMINIA HERRERA
8140 SW 87 TER, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,693 — $6,729
Flood $400 — $800
Property/Wind $3,293 — $5,929

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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