8501 SW 54 CT, South Miami, FL 33143

Parcel: 3041310310110 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,475,856

Property Details

Beds
4
Baths
3
Living Sqft
2,664
Year Built
1958
Lot Sqft
15,600
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$88,500
1977-08-01
2
N/Anon-market transfer
1994-10-01
3
$496,000
2003-10-01

Tax Assessment History

$1,475,856
Assessed (2025)
$1,963,033
Market Value
$1,475,856
Taxable Value
$30,047
Annual Tax
2024
$1,341,688
$1,835,539
2025
$1,475,856
$1,963,033
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,475,856 $1,963,033 $1,475,856 $30,047
2024 $1,341,688 $1,835,539 $1,341,688 $27,316

About 8501 SW 54 CT, South Miami, FL 33143

8501 SW 54 CT, South Miami, FL 33143 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1958 with 2,664 square feet of living space on a 15,600 square foot lot. The property is currently owned by ALVARO J ORDONEZ MARTHA C RESTREPO, 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 2003-10-01 for $496,000. There are 3 recorded sales for this property. The 2025 assessed value is $1,475,856 with a market value of $1,963,033.

This breaks down to $1,528,800 for the land and $434,233 for the building. The assessed value increased 10% from $1,341,688 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 $322,131 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 8501 SW 54 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 1977 to 2003, with 3 recorded transactions in the public record. The current assessed value represents 298% 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.

There is 1 active building permit on this property, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $186 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (3)

Permit #TypeStatusCost
C2022115966 building expired
W2019203089 electrical expired
C2019164510 plumbing A

Code Violations 1 open

A2025001755 open
2025-02-11

Distress Signals

  • 1 open code violation

Current Owner

ALVARO J ORDONEZ MARTHA C RESTREPO
8501 SW 54 CT, MIAMI, FL, 33143-8301
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$18,110 — $33,268
Flood $400 — $800
Property/Wind $17,710 — $32,468

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 →

Mortgages

ACTIVE
$421,000
~$322,131 bal.
RELIABLE HOLDINGS MANAGER LLC · 2021-04-15
Est. Total Balance $322,131
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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