7240 SW 54 AVE, South Miami, FL 33143

7240 SW 54 AVE, South Miami, FL 33143 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 2022 with 5,261 square feet of living space on a 9,375 square foot lot. The property is currently owned by DAVID G BARBEITO NAIVE PONS, 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 2021-03-11 for $1,050,000, when FRANK NOGAREDA sold to DAVID G BARBEITO. The property has appreciated $370,000 (54%) since the prior sale of $680,000 on 2019-09-30. There are 3 recorded sales for this property.

The 2025 assessed value is $2,886,176 with a market value of $3,116,456. This breaks down to $1,218,750 for the land and $1,897,706 for the building. The assessed value increased 3% from $2,804,836 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. 7240 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 2016 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 275% 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 $200 per square foot — a key metric for comparing value across South Miami's real estate market..