7962 SW 86 TER, South Miami, FL 33143

Parcel: 3040340250800 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$483,061

Property Details

Beds
2
Baths
2
Living Sqft
2,039
Year Built
1981
Lot Sqft
1,740
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
N/Anon-market transfer
1998-10-01
2
N/Anon-market transfer
2005-10-01
3
$452,500
2021-10-16
JOANNE JACOBSON &H SCOTTMARCO A MALFAVON

Tax Assessment History

$483,061
Assessed (2025)
$576,650
Market Value
$432,339
Taxable Value
$8,802
Annual Tax
2024
$469,448
$607,000
2025
$483,061
$576,650
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $483,061 $576,650 $432,339 $8,802
2024 $469,448 $607,000 $419,448 $8,540

About 7962 SW 86 TER, South Miami, FL 33143

7962 SW 86 TER, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 1981 with 2,039 square feet of living space on a 1,740 square foot lot. The property is currently owned by MARCO A MALFAVON HELEN PICARD MALFAVON, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-10-16 for $452,500, when JOANNE JACOBSON &H SCOTT sold to MARCO A MALFAVON. There are 3 recorded sales for this property. The 2025 assessed value is $483,061 with a market value of $576,650.

The assessed value increased 3% from $469,448 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. 7962 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 1998 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price. Based on the most recent sale, this property traded at $222 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

MARCO A MALFAVON HELEN PICARD MALFAVON
7962 SW 86 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,230 — $9,495
Flood $400 — $800
Property/Wind $4,830 — $8,695

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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