8137 SW 87 TER, South Miami, FL 33143

Parcel: 3040340250180 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$485,245

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
$273,500
2012-03-22
GARY A LUBEL & JUDI L LUBELRAUL DE QUESADA
2
$100non-market transfer
2012-09-26
RAUL DE QUESADARAUL E DE QUESADA TRS
3
$585,000
2021-11-23
RAUL E DE QUESADA TRS ARMANDO OLIVEROS III

Tax Assessment History

$485,245
Assessed (2025)
$578,650
Market Value
$434,523
Taxable Value
$8,847
Annual Tax
2024
$471,570
$609,000
2025
$485,245
$578,650
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $485,245 $578,650 $434,523 $8,847
2024 $471,570 $609,000 $421,570 $8,583

About 8137 SW 87 TER, South Miami, FL 33143

8137 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 ARMANDO OLIVEROS III, 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 2021-11-23 for $585,000, when RAUL E DE QUESADA TRS sold to ARMANDO OLIVEROS III. The property has appreciated $584,900 (584900%) since the prior sale of $100 on 2012-09-26. There are 3 recorded sales for this property.

The 2025 assessed value is $485,245 with a market value of $578,650. The assessed value increased 3% from $471,570 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. There are active mortgage liens totaling $471,466 recorded against this property.

8137 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 2012 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $287 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2024144723 mechanical F
C2024119239 mechanical F

Current Owner

ARMANDO OLIVEROS III
8137 SW 87 TER, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,252 — $9,534
Flood $400 — $800
Property/Wind $4,852 — $8,734

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 →

Mortgages

ACTIVE
$497,250
~$471,466 bal.
LOANDEPOT.COM LLC · 2021-12-07
Est. Total Balance $471,466
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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