7860 SW 86 ST 26, South Miami, FL 33143

Parcel: 3040340330080 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$161,592

Property Details

Beds
2
Baths
2.5
Living Sqft
1,415
Year Built
1981
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
1993-02-01
2
N/Anon-market transfer
1993-05-01
3
$139,000
1994-09-01

Tax Assessment History

$161,592
Assessed (2025)
$519,192
Market Value
$110,870
Taxable Value
$2,257
Annual Tax
2024
$157,038
$471,993
2025
$161,592
$519,192
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $161,592 $519,192 $110,870 $2,257
2024 $157,038 $471,993 $107,038 $2,179

About 7860 SW 86 ST 26, South Miami, FL 33143

7860 SW 86 ST 26, South Miami, FL 33143 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1981 with 1,415 square feet of living space. The property is currently owned by BRUCE L WELCH, 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 1994-09-01 for $139,000. There are 3 recorded sales for this property. The 2025 assessed value is $161,592 with a market value of $519,192.

The assessed value increased 3% from $157,038 in 2024. The property has the following tax exemptions: homestead. 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. 7860 SW 86 ST 26, 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 1993 to 1994, with 3 recorded transactions in the public record. The current assessed value represents 116% of the most recent sale price. Based on the most recent sale, this property traded at $98 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

BRUCE L WELCH
7860 SW 86 ST UNIT 26, MIAMI, FL, 33143-6864
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,015 — $3,800
Flood $400 — $800
Property/Wind $1,615 — $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$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
View full risk analysis →
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