7550 SW 54 AVE, South Miami, FL 33143
Parcel: 3041310191200 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$1,993,737
Property Details
Beds
4
Baths
3
Living Sqft
2,631
Year Built
1952
Lot Sqft
12,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,050,000
2019-06-24
JOHN M SHUPENKO &W KAREN B → CATHERINE A ALLEN
2
$100non-market transfer
2021-10-22
CATHERINE A ALLEN → CATHERINE A ALLEN
3
$1,750,000
2022-05-18
CATHERINE A ALLEN → MITCHELL HALPERN
4
$1,750,000
2022-05-24
Tax Assessment History
$1,993,737
Assessed (2025)
$1,993,737
Market Value
$1,943,015
Taxable Value
$39,558
Annual Tax
2024
$1,656,922
$1,771,165
2025
$1,993,737
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,993,737 | $1,993,737 | $1,943,015 | $39,558 | $1,625,000 | $368,737 |
| 2024 | $1,656,922 | $1,771,165 | $1,656,922 | $33,734 | $1,485,406 | $285,759 |
About 7550 SW 54 AVE, South Miami, FL 33143
7550 SW 54 AVE, South Miami, FL 33143 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1952 with 2,631 square feet of living space on a 12,500 square foot lot. The property is currently owned by MITCHELL HALPERN, 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 2022-05-24 for $1,750,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,993,737 with a market value of $1,993,737.
This breaks down to $1,625,000 for the land and $368,737 for the building. The assessed value increased 20% from $1,656,922 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. There are active mortgage liens totaling $1,268,861 recorded against this property. 7550 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 2019 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 114% of the most recent sale price.
Based on the most recent sale, this property traded at $665 per square foot — a key metric for comparing value across South Miami's real estate market..
Building Permits (9)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| W2025014799 | plumbing | F | — | ||
| W2024133946 | electrical | F | — | ||
| W2024059338 | mechanical | F | — | ||
| C2024027978 | building | F | — | ||
| W2024014905 | plumbing | F | — | ||
| C2024009500 | building | F | — | ||
| W2023179652 | electrical | F | — | ||
| W2023175987 | electrical | F | — | ||
| C2023057787 | building | F | $95,000 |
Current Owner
MITCHELL HALPERN
7550 SW 54 AVE, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$24,324 — $44,662
Flood $400 — $800
Property/Wind $23,924 — $43,862
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 2.75% rate
$1,398,000
WELLS FARGO BANK NA · 2022-05-24
1 satisfied mortgage
SATISFIED 2021-11-19
$997,000
THE FEDERAL SAVINGS BANK
Est. Total Balance $1,268,861
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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