7840 SW 50 CT, South Miami, FL 33143

Parcel: 3041310220060 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,013,336

Property Details

Beds
4
Baths
4.5
Living Sqft
5,109
Year Built
2018
Lot Sqft
10,800
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$315,000
1998-07-01
2
$100non-market transfer
2015-10-09
JOSEPH E JAMES &W VERNA A JOSEPH JAMES LE
3
$890,000
2016-10-07
JOSEPH JAMES LEGIORGIO LUIGI BALLI

Tax Assessment History

$2,013,336
Assessed (2025)
$3,229,645
Market Value
$1,962,614
Taxable Value
$39,957
Annual Tax
2024
$1,956,595
$3,194,948
2025
$2,013,336
$3,229,645
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,013,336 $3,229,645 $1,962,614 $39,957
2024 $1,956,595 $3,194,948 $1,906,595 $38,817

About 7840 SW 50 CT, South Miami, FL 33143

7840 SW 50 CT, South Miami, FL 33143 is a 4-bedroom, 4.5-bathroom residential - single family : 1 unit built in 2018 with 5,109 square feet of living space on a 10,800 square foot lot. The property is currently owned by GIORGIO LUIGI BALLI ADELA MARIA BALLI, 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 2016-10-07 for $890,000, when JOSEPH JAMES LE sold to GIORGIO LUIGI BALLI. The property has appreciated $889,900 (889900%) since the prior sale of $100 on 2015-10-09. There are 3 recorded sales for this property.

The 2025 assessed value is $2,013,336 with a market value of $3,229,645. This breaks down to $1,404,000 for the land and $1,825,645 for the building. The assessed value increased 3% from $1,956,595 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.

7840 SW 50 CT, 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 1998 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 226% 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 $174 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

GIORGIO LUIGI BALLI ADELA MARIA BALLI
7840 SW 50 CT, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$12,480 — $20,933
Flood $400 — $800
Property/Wind $12,080 — $20,133

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
View full risk analysis →
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