7920 CAMINO REAL M-407, South Miami, FL 33143

Parcel: 3040340320854 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$125,712

Property Details

Beds
2
Baths
1
Living Sqft
804
Year Built
1972
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2008-06-01
2
$128,000
2014-10-31
MERCEDES G DE MASSONEGUANNAN ZHAO
3
$205,000+60%
2021-03-31
GUANNAN ZHAOALEXANDRA LUCERO

Tax Assessment History

$125,712
Assessed (2025)
$233,295
Market Value
$74,990
Taxable Value
$1,527
Annual Tax
2024
$122,170
$226,500
2025
$125,712
$233,295
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $125,712 $233,295 $74,990 $1,527
2024 $122,170 $226,500 $72,170 $1,469

About 7920 CAMINO REAL M-407, South Miami, FL 33143

7920 CAMINO REAL M-407, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1972 with 804 square feet of living space. The property is currently owned by ALEXANDRA LUCERO, 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 2021-03-31 for $205,000, when GUANNAN ZHAO sold to ALEXANDRA LUCERO. The property has appreciated $77,000 (60%) since the prior sale of $128,000 on 2014-10-31. There are 3 recorded sales for this property.

The 2025 assessed value is $125,712 with a market value of $233,295. The assessed value increased 3% from $122,170 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. There are active mortgage liens totaling $96,245 recorded against this property.

7920 CAMINO REAL M-407, 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 2008 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 61% 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 $255 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

ALEXANDRA LUCERO
7920 CAMINO REAL M-407, 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 →

Mortgages

ACTIVE
$102,500
~$96,245 bal.
PNC BANK NA · 2021-04-29
Est. Total Balance $96,245
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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