7787 SW 86 ST E-408, South Miami, FL 33143
Parcel: 3040340314340 · Residential · Condominium - Residential · Zoning: 3900
Assessed Value (2025)
$200,902
Property Details
Beds
1
Baths
1
Living Sqft
715
Year Built
1969
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
N/Anon-market transfer
2018-03-19
ROBERTO LUIS RUIZ → SOPHIE WASMER RUIZ
2
$100non-market transfer
2018-06-12
SOPHIE WASMER RUIZ → LYANMARIE MADELINE RUIZ
3
$185,000
2019-04-12
LYANMARIE MADELINE RUIZ → ALBERT MARTIN
Tax Assessment History
$200,902
Assessed (2025)
$202,000
Market Value
$200,902
Taxable Value
$4,090
Annual Tax
2024
$182,639
$202,000
2025
$200,902
$202,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $200,902 | $202,000 | $200,902 | $4,090 | $0 | $0 |
| 2024 | $182,639 | $202,000 | $182,639 | $3,718 | $0 | $0 |
About 7787 SW 86 ST E-408, South Miami, FL 33143
7787 SW 86 ST E-408, South Miami, FL 33143 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1969 with 715 square feet of living space. The property is currently owned by ALBERT MARTIN, 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 2019-04-12 for $185,000, when LYANMARIE MADELINE RUIZ sold to ALBERT MARTIN. The property has appreciated $184,900 (184900%) since the prior sale of $100 on 2018-06-12. There are 3 recorded sales for this property.
The 2025 assessed value is $200,902 with a market value of $202,000. The assessed value increased 10% from $182,639 in 2024. The median household income in this area is $51,883, and the median home value is $270,600.
The population density is 12,734 people per square mile. 7787 SW 86 ST E-408, 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 2018 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 109% 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..
Est. Annual Insurance
$2,810 — $5,219
Flood $400 — $800
Property/Wind $2,410 — $4,419
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$51,883
Median Home Value$270,600
Pop. Density12,734/sq mi
Neighborhood 33143
46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
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