7241 SW 55 AVE, South Miami, FL 33143

7241 SW 55 AVE, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1951 with 1,140 square feet of living space on a 12,500 square foot lot. The property is currently owned by JORGE GARCIA &W ISABEL, 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 1996-12-01 for $185,000. There are 3 recorded sales for this property. The 2025 assessed value is $291,808 with a market value of $1,784,228.

This breaks down to $1,625,000 for the land and $159,228 for the building. The assessed value increased 3% from $283,585 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $163,750, and the median home value is $1,138,600. The population density is 2,919 people per square mile. 7241 SW 55 AVE, 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 1996, with 3 recorded transactions in the public record. The current assessed value represents 158% 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. Based on the most recent sale, this property traded at $162 per square foot — a key metric for comparing value across South Miami's real estate market..