Miami-Dade County  »  33156  »  SW 124th Ter  »  7720 SW 124th Ter

7720 Southwest 124th Terrace, Miami, FL 33156 Property Information

7720 Southwest 124th Terrace, Miami, FL 33156 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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7720 Southwest 124th Terrace, Miami, FL 33156
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Address

Primary address 7720 Southwest 124th Terrace, Miami
Zip code 33156
County Miami-Dade
Municipality Pinecrest
Neighborhood Palmetto Homesites - Powers Grove
Parcel ID 2050150320030

Sales & Tax Overview for 7720 Southwest 124th Terrace, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/05/2001
Sale price $415,000
Arm's length
Current property tax $9,487

Lot & Building Information for 7720 Southwest 124th Terrace, Miami

Building sqft 3,813
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.514
Year built 1970
Stories 1
Units 1
Bedrooms 4
Bathrooms 3
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 7720 Southwest 124th Terrace, Miami

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About 7720 Southwest 124th Terrace, Miami

What is the year built & the total sq. ft. for 7720 Southwest 124th Terrace, Miami, FL 33156?

7720 Southwest 124th Terrace, Miami, FL 33156 was built in 1970 and has a total of 3,813 square feet.

What is the assessed value of 7720 Southwest 124th Terrace, Miami, FL 33156 and the property tax paid?

Assessed at $582,329, the tax amount paid for 7720 Southwest 124th Terrace, Miami, FL 33156 is $15,792.

When was 7720 Southwest 124th Terrace, Miami, FL 33156 last sold and what was the last sale price?

7720 Southwest 124th Terrace, Miami, FL 33156 was last sold in 06/05/2001 for $415,000.

Ownership Information

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Real Estate Reports:
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Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
Laura Pop-Badiu, Mar 03, 2026 Living Large or Squeezing In? How Much Space the $400K National Median Home Price Buys in the Largest U.S. CitiesĀ 
In many large Western and Northeastern cities, the national median sale price of $400,000 may not cover more than a small studio, whereas, in parts of the Midwest and South, the same budget could buy large homes with multiple bedrooms and comfortable living areas.
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Past Sales & Property History for 7720 Southwest 124th Terrace, Miami

Create a free account to view the complete sales history for 7720 Southwest 124th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
06/05/2001 $415,000

Title Documents for 7720 Southwest 124th Terrace, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
06/05/2001 - R Warranty Deed
                 
                 
                 
                 
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R: Recorded date
D: Document date

Property Taxes for 7720 Southwest 124th Terrace, Miami

Access detailed property tax data for 7720 Southwest 124th Terrace, Miami, FL 33156. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $15,792
Current property tax $9,487
Market value $1,424,536
Assessed value $582,329

Assessment History for 7720 Southwest 124th Terrace, Miami

Here's the assessment & property tax history for 7720 Southwest 124th Terrace, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2024 $1,237,185 $565,918 17.3897 $14,273 +11.45%
2023 $1,026,189 $549,435 17.4951 $12,806 +18.37%
2022 $759,839 $533,433 17.4843 $10,818 +7.00%
2021 $628,364 $517,897 18.0273 $10,111 -11.26%
2020 $630,269 $510,747 18.0788 $11,395 -0.84%

Miami residential market stats

Median Sale Price
$530,000
1% YoY
Median Price/Sqft
$330
-4.3% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade County.

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Risk

Create a free account to unlock extended information for 7720 Southwest 124th Terrace, Miami, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)

Transportation

Access the detailed traffic volume map for 7720 Southwest 124th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Palmetto Elementary School 10 Public PK, K-5 666 0.38
Palmetto Elementary School 10 Public PK, K-5 666 0.38
Miami Palmetto Senior High Adult NR Public 0 0.44
Howard Drive Elementary School 5 Public PK, K-5 361 0.76
Howard Drive Elementary School 5 Public PK, K-5 361 0.76

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Palmetto Middle School 6 Public 6-8 838 0.40
Miami Palmetto Senior High School 6 Public 8-12 2,671 0.43
Miami Palmetto Senior High Adult NR Public 0 0.44
The Roig Academy NR Private PK, K-8 52 0.84
Vineland K-8 Center 10 Public PK, K-8 740 0.87

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Miami Palmetto Senior High School 6 Public 8-12 2,671 0.43
Miami Palmetto Senior High Adult NR Public 0 0.44
American Academy of Pinecrest NR Private 9-12 0 0.66
Alexander School (Pk-K) NR Private 0 1.86
Westminster Christian School NR Private PK-12 1,252 1.92

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 7720 Southwest 124th Terrace, Miami

Here are the neighbors for 7720 Southwest 124th Terrace, Miami.

Address Square feet Purchase date Purchase price
7702 SW 124th Ter, Miami 3,874 03/20/2018 $840,000
7721 SW 124th Ter, Miami 3,510 01/28/2011 $500,000
12735 SW 77th CT, Miami 4,547
7781 Palmetto CT, Miami 5,523 03/21/2017 $10
13320 SW 84th Ave, Miami 3,448 06/08/1998 $205,700
13400 SW 82nd CT, Miami 3,225 08/23/2024 $2,050,000
13450 SW 82nd CT, Miami 2,795 10/30/2020 $10
13401 SW 82nd CT, Miami 3,157 10/14/1987
12705 SW 77th CT, Miami 4,245 05/27/2021 $1,270,000
7771 Palmetto CT, Miami 4,552 10/04/2021 $1,449,000
13200 SW 84th Ave, Miami 3,417 10/30/1984
13220 SW 84th Ave, Miami 3,516 02/06/2023 $10
13300 SW 84th Ave, Miami 3,701 08/12/2021 $928,000
13451 SW 82nd CT, Miami 3,256 07/16/2008 $539,570
7770 SW 122nd St, Miami 4,306 04/30/2004 $702,000
13240 SW 84th Ave, Miami 3,600 03/29/2024 $10
7701 SW 124th Ter, Miami 3,770 03/20/1989
12700 SW 77th CT, Miami 3,727 09/19/2003 $521,000
7750 SW 122nd St, Miami 5,353 03/26/2020 $1,750,000
7751 Palmetto CT, Miami 4,402 07/06/1995 $297,800

Nearby ZIP Codes for 7720 Southwest 124th Terrace, Miami

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