7741 SW 55 AVE 55C, South Miami, FL 33143

7741 SW 55 AVE 55C, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1947 with 786 square feet of living space. The property is currently owned by DAVID RICHTER NICOLE LEMA, 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 2021-09-07 for $185,000, when JAMES L MERLIN JR TRS sold to DAVID RICHTER. The property has appreciated $184,900 (184900%) since the prior sale of $100 on 2020-10-26. The 2025 assessed value is $297,093 with a market value of $297,093.

The assessed value decreased 3% from $306,281 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. 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.

7741 SW 55 AVE 55C, 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 2020 to 2021, with 2 recorded transactions in the public record.

The current assessed value represents 161% 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 $235 per square foot — a key metric for comparing value across South Miami's real estate market..