6820 SW 81 TER, South Miami, FL 33143

Parcel: 3040350440010 · Warehouse Terminal Or Stg · Warehouse Or Storage · Zoning: 7100

Assessed Value (2025)
$16,040,000

Property Details

Living Sqft
112,443
Year Built
2005
Lot Sqft
35,442
Stories
5
WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE

Sales History

1
$2,200,000
2004-09-01
2
$10,727,500+388%
2012-05-16
PINECREST STORAGE LLPSOVRAN ACQUISITION LIMITED

Tax Assessment History

$16,040,000
Assessed (2025)
$16,040,000
Market Value
$16,040,000
Taxable Value
$326,562
Annual Tax
2024
$18,500,000
2025
$16,040,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $16,040,000 $16,040,000 $16,040,000 $326,562
2024 $18,500,000 $18,500,000 $18,500,000 $376,645

About 6820 SW 81 TER, South Miami, FL 33143

6820 SW 81 TER, South Miami, FL 33143 is a warehouse terminal or stg : warehouse or storage built in 2005 with 112,443 square feet of living space on a 35,442 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 2012-05-16 for $10,727,500, when PINECREST STORAGE LLP sold to SOVRAN ACQUISITION LIMITED. The property has appreciated $8,527,500 (388%) since the prior sale of $2,200,000 on 2004-09-01. The 2025 assessed value is $16,040,000 with a market value of $16,040,000.

This breaks down to $1,949,310 for the land and $14,090,690 for the building. The assessed value decreased 13% from $18,500,000 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. 6820 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 2004 to 2012, with 2 recorded transactions in the public record. The current assessed value represents 150% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

There is 1 active building permit on this property, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $95 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (5)

Permit #TypeStatusCost
C2025175983 electrical A
C2025014606 building expired $36,000
C2025064377 electrical F $100
C2024125665 electrical F $40
C2023175689 building F $5,450

Current Owner

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

People Behind This Entity

Registered Agent: C T CORPORATION SYSTEM
View on Sunbiz →

Est. Annual Insurance

$96,640 — $161,200
Flood $400 — $800
Property/Wind $96,240 — $160,400

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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