7720 SW 50 CT, South Miami, FL 33143

Parcel: 3041310220120 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$476,007

Property Details

Beds
3
Baths
2
Living Sqft
2,404
Year Built
1953
Lot Sqft
9,536
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2016-07-26
ELIZABETH BYRDELIZABETH BYRD
2
$1,160,300
2019-11-21
ELIZABETH BYRDALBERTO ALVAREZ

Tax Assessment History

$476,007
Assessed (2025)
$1,632,553
Market Value
$425,285
Taxable Value
$8,658
Annual Tax
2024
$462,592
$1,644,943
2025
$476,007
$1,632,553
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $476,007 $1,632,553 $425,285 $8,658
2024 $462,592 $1,644,943 $412,592 $8,400

About 7720 SW 50 CT, South Miami, FL 33143

7720 SW 50 CT, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1953 with 2,404 square feet of living space on a 9,536 square foot lot. The property is currently owned by ALBERTO ALVAREZ MAITE ALVAREZ, 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 2019-11-21 for $1,160,300, when ELIZABETH BYRD sold to ALBERTO ALVAREZ. The property has appreciated $1,160,200 (1160200%) since the prior sale of $100 on 2016-07-26. The 2025 assessed value is $476,007 with a market value of $1,632,553.

This breaks down to $1,239,680 for the land and $392,873 for the building. The assessed value increased 3% from $462,592 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. 7720 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 2016 to 2019, with 2 recorded transactions in the public record. The current assessed value represents 41% 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 $483 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2023160109 building F $13,260
C2004033292 limp expired

Current Owner

ALBERTO ALVAREZ MAITE ALVAREZ
7720 SW 50 CT, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$6,112 — $11,272
Flood $400 — $800
Property/Wind $5,712 — $10,472

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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