4950 SW 63 AVE, South Miami, FL 33155

Parcel: 0940240000752 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$1,941,324

Property Details

Beds
4
Baths
4
Living Sqft
3,239
Year Built
1993
Lot Sqft
13,317
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,309,500
2022-08-19
2
N/A
2023-04-05
3
N/A
2024-12-02
4
$2,900,000
2024-12-11
ROBERT KRAMER TRSAISHAH BURGESS
5
$2,900,000
2025-01-07
6
$100non-market transfer
2025-02-08
7
N/A
2025-02-20
8
$2,600,000
2026-01-25
AISHAH BURGESSJOSHUA FORMAN
9
$2,600,000
2026-02-05

Tax Assessment History

$1,941,324
Assessed (2025)
$1,941,324
Market Value
$1,941,324
Taxable Value
$39,524
Annual Tax
2024
$1,130,042
$1,142,070
2025
$1,941,324
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,941,324 $1,941,324 $1,941,324 $39,524
2024 $1,130,042 $1,142,070 $1,080,042 $21,989

About 4950 SW 63 AVE, South Miami, FL 33155

4950 SW 63 AVE, South Miami, FL 33155 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1993 with 3,239 square feet of living space on a 13,317 square foot lot. The property is currently owned by JOSHUA FORMAN RACHEL FORMAN, 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 2026-02-05 for $2,600,000. There are 9 recorded sales for this property. The 2025 assessed value is $1,941,324 with a market value of $1,941,324.

This breaks down to $865,605 for the land and $1,075,719 for the building. The assessed value increased 72% from $1,130,042 in 2024. The median household income in this area is $96,442, and the median home value is $642,500.

The population density is 4,275 people per square mile. There are active mortgage liens totaling $1,592,332 recorded against this property. 4950 SW 63 AVE, South Miami, FL 33155 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 2022 to 2026, with 9 recorded transactions in the public record. The current assessed value represents 75% of the most recent sale price.

Based on the most recent sale, this property traded at $803 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

JOSHUA FORMAN RACHEL FORMAN
4950 SW 63 AVE, MIAMI, FL, 33155
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$19,813 — $35,743
Flood $400 — $800
Property/Wind $19,413 — $34,943

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$96,442
Median Home Value$642,500
Pop. Density4,275/sq mi

Neighborhood 33155

61.6%
Owner-Occ
38.4%
Investor
253
Flips (4yr)
9,120
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →

Mortgages

ACTIVE 5.05% rate
$1,600,000
~$1,592,332 bal.
MORGAN STANLEY PRIVATE BANK NA · 2026-02-05
3 satisfied mortgages
SATISFIED 2025-01-07
$1,730,950
JMAC LENDING INC
SATISFIED 2024-03-05
$766,550
GOLD STAR MORTGAGE FINANCIAL CORP
SATISFIED 2021-12-07
$342,000
PROFESSIONAL BANK
Est. Total Balance $1,592,332
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales