7425 SW 56 AVE, South Miami, FL 33143
Parcel: 3041310191000 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$1,218,750
Property Details
Beds
5
Baths
8
Living Sqft
5,588
Year Built
2025
Lot Sqft
9,375
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$830,000
2019-07-30
JACKSON HWU → CLAY CRAIG
2
$1,250,000+51%
2022-09-27
CLAY CRAIG → SOMI 56TH LLC
3
$1,250,000
2022-10-05
4
$6,250,000+400%
2025-06-27
SOMI 56TH LLC → IBIS GROVE LLC
5
$6,250,000
2025-07-14
Tax Assessment History
$1,218,750
Assessed (2025)
$1,218,750
Market Value
$1,218,750
Taxable Value
$24,813
Annual Tax
2024
$1,236,262
$1,236,281
2025
$1,218,750
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,218,750 | $1,218,750 | $1,218,750 | $24,813 | $1,218,750 | $0 |
| 2024 | $1,236,262 | $1,236,281 | $1,236,262 | $25,169 | $1,236,281 | $0 |
About 7425 SW 56 AVE, South Miami, FL 33143
7425 SW 56 AVE, South Miami, FL 33143 is a 5-bedroom, 8-bathroom residential - single family : 1 unit built in 2025 with 5,588 square feet of living space on a 9,375 square foot lot. The property is currently owned by IBIS GROVE LLC, 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 2025-07-14 for $6,250,000. There are 5 recorded sales for this property. The 2025 assessed value is $1,218,750 with a market value of $1,218,750.
The assessed value decreased 1% from $1,236,262 in 2024. 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.
There are active mortgage liens totaling $1,300,000 recorded against this property. 7425 SW 56 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 2019 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 20% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.
Based on the most recent sale, this property traded at $1118 per square foot — a key metric for comparing value across South Miami's real estate market..
Building Permits (15)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025092697 | mechanical | F | — | ||
| C2025064340 | plumbing | F | $450 | ||
| C2025037854 | electrical | F | — | ||
| C2025021419 | plumbing | F | — | ||
| W2025015014 | electrical | F | — | ||
| C2025007340 | building | F | $25,850 | ||
| C2024128887 | building | F | — | ||
| C2024111017 | building | F | — | ||
| C2024068645 | mechanical | F | — | ||
| W2024003982 | plumbing | F | — | ||
| C2023173723 | electrical | F | — | ||
| C2023153438 | electrical | F | — | ||
| C2023036895 | building | F | $266,445 | ||
| C2023117698 | building | F | $1 | ||
| C2023117705 | building | F | $1 |
Current Owner
IBIS GROVE LLC
7425 SW 56 AVE, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$7,712 — $12,987
Flood $400 — $800
Property/Wind $7,312 — $12,187
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$163,750
Median Home Value$1,138,600
Pop. Density2,919/sq mi
Neighborhood 33143
46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
Mortgages
ACTIVE
$1,300,000
DOC USA INVESTMENT LLC · 2024-08-27
1 satisfied mortgage
SATISFIED 2024-08-27
$555,000
ALEGRA MIAMI HOLDINGS LLC
Est. Total Balance $1,300,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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