7505 SW 78 TER, South Miami, FL 33143

Parcel: 3040350290030 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$785,666

Property Details

Beds
4
Baths
3.5
Living Sqft
3,825
Year Built
1980
Lot Sqft
17,557
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$295,000
1989-06-01
2
$320,000+8%
1998-11-01
3
$840,000+163%
2017-02-27
OSWALDO HERRERA JOSE A ESPINOSA

Tax Assessment History

$785,666
Assessed (2025)
$1,347,851
Market Value
$734,944
Taxable Value
$14,963
Annual Tax
2024
$763,524
$1,160,284
2025
$785,666
$1,347,851
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $785,666 $1,347,851 $734,944 $14,963
2024 $763,524 $1,160,284 $713,524 $14,527

About 7505 SW 78 TER, South Miami, FL 33143

7505 SW 78 TER, South Miami, FL 33143 is a 4-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1980 with 3,825 square feet of living space on a 17,557 square foot lot. The property is currently owned by JOSE A ESPINOSA YVONNE MIRANDA ESPINOSA, 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 2017-02-27 for $840,000, when OSWALDO HERRERA sold to JOSE A ESPINOSA. The property has appreciated $520,000 (163%) since the prior sale of $320,000 on 1998-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $785,666 with a market value of $1,347,851. This breaks down to $842,736 for the land and $505,115 for the building. The assessed value increased 3% from $763,524 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $62,096, and the median home value is $274,600. The population density is 6,883 people per square mile.

There are active mortgage liens totaling $639,428 recorded against this property. 7505 SW 78 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 1989 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 94% of the most recent sale price. Based on the most recent sale, this property traded at $220 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2024175006 mechanical F $4,400

Current Owner

JOSE A ESPINOSA YVONNE MIRANDA ESPINOSA
7505 SW 78 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,256 — $14,941
Flood $400 — $800
Property/Wind $7,856 — $14,141

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$62,096
Median Home Value$274,600
Pop. Density6,883/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
$683,000
~$639,428 bal.
CFBANK NA · 2021-02-17
Est. Total Balance $639,428
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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