8116 SW 86 TER, South Miami, FL 33143

8116 SW 86 TER, South Miami, FL 33143 is a 3-bedroom, 3-bathroom residential - total value : townhouse built in 1980 with 2,019 square feet of living space on a 1,914 square foot lot. The property is currently owned by LAWRENCE SOLOMON, 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 1998-02-01 for $180,000. The property has appreciated $20,000 (13%) since the prior sale of $160,000 on 1990-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $267,847 with a market value of $589,000. The assessed value increased 3% from $260,299 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. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 8116 SW 86 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 1986 to 1998, with 3 recorded transactions in the public record. The current assessed value represents 149% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $89 per square foot — a key metric for comparing value across South Miami's real estate market..