7241 SW 54 AVE, South Miami, FL 33143

7241 SW 54 AVE, South Miami, FL 33143 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2021 with 6,221 square feet of living space on a 12,500 square foot lot. The property is currently owned by ERIN COHEN PENA, 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 2022-01-19 for $3,240,000, when S A G E PROPERTY DEVELOPMENT sold to ERIN COHEN PENA. The property has appreciated $2,390,000 (281%) since the prior sale of $850,000 on 2020-10-15. There are 3 recorded sales for this property.

The 2025 assessed value is $2,367,280 with a market value of $3,017,204. This breaks down to $1,625,000 for the land and $1,392,204 for the building. The assessed value increased 3% from $2,300,564 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

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 54 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 2018 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 73% of the most recent sale price.

Based on the most recent sale, this property traded at $521 per square foot — a key metric for comparing value across South Miami's real estate market..