5994 SW 50 ST, South Miami, FL 33155

Parcel: 0940240180120 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$544,229

Property Details

Beds
3
Baths
2
Living Sqft
1,521
Year Built
1975
Lot Sqft
6,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$64,900
1979-07-01
2
$89,545+38%
1988-07-01
3
$345,000+285%
2014-04-08
THOMAS WATKINS &W DEBRANOEL S CLELAND TRS

Tax Assessment History

$544,229
Assessed (2025)
$567,983
Market Value
$544,229
Taxable Value
$11,080
Annual Tax
2024
$494,754
$509,455
2025
$544,229
$567,983
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $544,229 $567,983 $544,229 $11,080
2024 $494,754 $509,455 $494,754 $10,073

About 5994 SW 50 ST, South Miami, FL 33155

5994 SW 50 ST, South Miami, FL 33155 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1975 with 1,521 square feet of living space on a 6,000 square foot lot. The property is currently owned by NOEL S CLELAND TRS NOEL S CLELAND REVOCABLE TRUST, 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 2014-04-08 for $345,000, when THOMAS WATKINS &W DEBRA sold to NOEL S CLELAND TRS. The property has appreciated $255,455 (285%) since the prior sale of $89,545 on 1988-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $544,229 with a market value of $567,983. This breaks down to $390,000 for the land and $177,983 for the building. The assessed value increased 10% from $494,754 in 2024.

The median household income in this area is $116,701, and the median home value is $676,600. The population density is 4,777 people per square mile. 5994 SW 50 ST, 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 1979 to 2014, with 3 recorded transactions in the public record. The current assessed value represents 158% 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 $227 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

NOEL S CLELAND TRS NOEL S CLELAND REVOCABLE TRUST
5990 SW 50 STREET, MIAMI, FL, 33155
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$5,842 — $10,596
Flood $400 — $800
Property/Wind $5,442 — $9,796

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$116,701
Median Home Value$676,600
Pop. Density4,777/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 →
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