7860 SW 55 AVE 93A, South Miami, FL 33143

Parcel: 3041310410930 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$278,711

Property Details

Beds
2
Baths
1
Living Sqft
800
Year Built
1950
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$26,900
1974-07-01
2
$54,000+101%
1980-09-01
3
$215,000+298%
2006-09-01

Tax Assessment History

$278,711
Assessed (2025)
$302,572
Market Value
$278,711
Taxable Value
$5,674
Annual Tax
2024
$253,374
$318,497
2025
$278,711
$302,572
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $278,711 $302,572 $278,711 $5,674
2024 $253,374 $318,497 $253,374 $5,158

About 7860 SW 55 AVE 93A, South Miami, FL 33143

7860 SW 55 AVE 93A, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1950 with 800 square feet of living space. The property is currently owned by RAM SCHRATTER &W YASMIN & JONATHAN SCHRATTER, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2006-09-01 for $215,000. The property has appreciated $161,000 (298%) since the prior sale of $54,000 on 1980-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $278,711 with a market value of $302,572. The assessed value increased 10% from $253,374 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. 7860 SW 55 AVE 93A, 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 1974 to 2006, with 3 recorded transactions in the public record. The current assessed value represents 130% 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 $269 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

RAM SCHRATTER &W YASMIN & JONATHAN SCHRATTER
12824 SW 107 CT, MIAMI, FL, 33176
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,744 — $6,931
Flood $400 — $800
Property/Wind $3,344 — $6,131

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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