7860 CAMINO REAL L-108, South Miami, FL 33143

Parcel: 3040340320777 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$128,617

Property Details

Beds
2
Baths
2
Living Sqft
912
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$170,000
2017-07-13
JESUS RAMIREZ &W MARTHA ANA L SCHMELZ
2
$100non-market transfer
2018-04-06
ANA L SCHMELZ ANA L SCHMELZ LE
3
$225,000
2020-08-18
ANA L SCHMELZ LETERESA LABELLE

Tax Assessment History

$128,617
Assessed (2025)
$249,500
Market Value
$77,895
Taxable Value
$1,586
Annual Tax
2024
$124,993
$249,500
2025
$128,617
$249,500
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $128,617 $249,500 $77,895 $1,586
2024 $124,993 $249,500 $74,993 $1,527

About 7860 CAMINO REAL L-108, South Miami, FL 33143

7860 CAMINO REAL L-108, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1972 with 912 square feet of living space. The property is currently owned by TERESA LABELLE, 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 2020-08-18 for $225,000, when ANA L SCHMELZ LE sold to TERESA LABELLE. The property has appreciated $224,900 (224900%) since the prior sale of $100 on 2018-04-06. There are 3 recorded sales for this property.

The 2025 assessed value is $128,617 with a market value of $249,500. The assessed value increased 3% from $124,993 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $71,597, and the median home value is $488,300. The population density is 6,657 people per square mile. 7860 CAMINO REAL L-108, 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 2017 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 57% 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 $247 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

TERESA LABELLE
7860 CAMINO REAL L 108, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$71,597
Median Home Value$488,300
Pop. Density6,657/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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