7741 SW 55 AVE 56D, South Miami, FL 33143

Parcel: 3041310420560 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$236,126

Property Details

Beds
2
Baths
1
Living Sqft
786
Year Built
1947
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$27,500
1977-10-01
2
N/Anon-market transfer
2001-03-01
3
$185,000
2021-09-07
JAMES L MERLING &W ANNA TRSANDREW RICHTER

Tax Assessment History

$236,126
Assessed (2025)
$297,093
Market Value
$185,404
Taxable Value
$3,775
Annual Tax
2024
$229,472
$306,281
2025
$236,126
$297,093
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $236,126 $297,093 $185,404 $3,775
2024 $229,472 $306,281 $179,472 $3,654

About 7741 SW 55 AVE 56D, South Miami, FL 33143

7741 SW 55 AVE 56D, 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 ANDREW RICHTER, recorded as of 2026-03-29. 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 MERLING &W ANNA TRS sold to ANDREW RICHTER. There are 3 recorded sales for this property. The 2025 assessed value is $236,126 with a market value of $297,093.

The assessed value increased 3% from $229,472 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 56D, 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 2021, with 3 recorded transactions in the public record.

The current assessed value represents 128% 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..

Current Owner

ANDREW RICHTER
7741 SW 55 AVE 56D, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$3,233 — $5,994
Flood $400 — $800
Property/Wind $2,833 — $5,194

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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