6850 SW 81 TER, South Miami, FL 33143

Parcel: 3040350410010 · Warehouse Terminal Or Stg · Warehouse Or Storage · Zoning: 7300

Assessed Value (2025)
$14,790,000

Property Details

Living Sqft
104,061
Year Built
1998
Lot Sqft
76,247
Stories
4
WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE

Sales History

1
$8,720,000
2017-01-11
FLANNAGAN PROPERTIES INC 6850 SW 81ST TERRACE LLC
2
$20,990,000+141%
2021-10-20
6850 SW 81ST TERRACE LLCLIFE STORAGE LP

Tax Assessment History

$14,790,000
Assessed (2025)
$14,790,000
Market Value
$14,790,000
Taxable Value
$301,113
Annual Tax
2024
$17,378,000
2025
$14,790,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $14,790,000 $14,790,000 $14,790,000 $301,113
2024 $17,378,000 $17,378,000 $17,378,000 $353,802

About 6850 SW 81 TER, South Miami, FL 33143

6850 SW 81 TER, South Miami, FL 33143 is a warehouse terminal or stg : warehouse or storage built in 1998 with 104,061 square feet of living space on a 76,247 square foot lot. The property is currently owned by LIFE STORAGE LP, 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 2021-10-20 for $20,990,000, when 6850 SW 81ST TERRACE LLC sold to LIFE STORAGE LP. The property has appreciated $12,270,000 (141%) since the prior sale of $8,720,000 on 2017-01-11. The 2025 assessed value is $14,790,000 with a market value of $14,790,000.

This breaks down to $3,656,125 for the land and $11,133,875 for the building. The assessed value decreased 15% from $17,378,000 in 2024. The median household income in this area is $77,171, and the median home value is $305,600.

The population density is 5,397 people per square mile. 6850 SW 81 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 2017 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $202 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

LIFE STORAGE LP
6467 MAIN ST, BUFFALO, NY, 14221
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: C T CORPORATION SYSTEM
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Est. Annual Insurance

$118,720 — $207,860
Flood $400 — $800
Property/Wind $118,320 — $207,060

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$77,171
Median Home Value$305,600
Pop. Density5,397/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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