5450 SW 87 ST, South Miami, FL 33143
Parcel: 3041310310170 · Vacant Residential · Vacant Land · Zoning: 2100
Assessed Value (2025)
$1,445,000
Sales History
1
$100non-market transfer
2018-10-30
GEORGE R WAUGH JR &W MARGIE J → GEORGE R WAUGH JR LE
2
$850,000
2019-12-11
GEORGE R WAUGH JR LE → JOSE M NORONA JR
3
$1,700,000+100%
2023-03-16
JOSE M NORONA JR → QMS INVESTMENT GROUP LLC
4
$1,700,000
2023-03-22
Tax Assessment History
$1,445,000
Assessed (2025)
$1,445,000
Market Value
$1,445,000
Taxable Value
$29,419
Annual Tax
2024
$1,445,000
2025
$1,445,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,445,000 | $1,445,000 | $1,445,000 | $29,419 | $1,445,000 | $0 |
| 2024 | $1,445,000 | $1,445,000 | $1,445,000 | $29,419 | $1,445,000 | $0 |
About 5450 SW 87 ST, South Miami, FL 33143
5450 SW 87 ST, South Miami, FL 33143 is a property. The property is currently owned by QMS INVESTMENT GROUP LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2023-03-22 for $1,700,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,445,000 with a market value of $1,445,000.
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. 5450 SW 87 ST, 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 2018 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price.
There are 5 active building permits on this property with a combined estimated cost of $2,279, indicating ongoing construction or renovation work..
Building Permits (7)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2026064266 | building | A | — | ||
| W2026063868 | building | A | — | ||
| C2025171382 | mechanical | A | — | ||
| W2025100837 | plumbing | A | — | ||
| C2025090921 | electrical | expired | — | ||
| C2025090930 | electrical | F | — | ||
| C2022097429 | building | A | $2,279 |
Current Owner
QMS INVESTMENT GROUP LLC
6000 SW 74 ST 3FL, SOUTH MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$14,850 — $26,810
Flood $400 — $800
Property/Wind $14,450 — $26,010
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
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