5979 SW 58 TER, South Miami, FL 33143

Parcel: 0940250140040 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$622,748

Property Details

Beds
2
Baths
1
Living Sqft
907
Year Built
1950
Lot Sqft
9,996
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$555,000
2023-07-28
JEANNE KNAUBER( EST OF)ANTONY A FARIAS
2
$555,000
2023-09-12
3
$675,000+22%
2025-11-21
ANTONY A FARIASAJ 58TH TERRACE LLC
4
$675,000
2025-12-04

Tax Assessment History

$622,748
Assessed (2025)
$684,624
Market Value
$622,748
Taxable Value
$12,679
Annual Tax
2024
$566,135
2025
$622,748
$684,624
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $622,748 $684,624 $622,748 $12,679
2024 $566,135 $566,135 $566,135 $11,526

About 5979 SW 58 TER, South Miami, FL 33143

5979 SW 58 TER, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1950 with 907 square feet of living space on a 9,996 square foot lot. The property is currently owned by AJ 58TH TERRACE LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-12-04 for $675,000. There are 4 recorded sales for this property. The 2025 assessed value is $622,748 with a market value of $684,624.

This breaks down to $599,760 for the land and $84,864 for the building. The assessed value increased 10% from $566,135 in 2024. The median household income in this area is $35,481, and the median home value is $466,900.

The population density is 6,973 people per square mile. There are active mortgage liens totaling $288,079 recorded against this property. 5979 SW 58 TER, 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 2023 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 92% of the most recent sale price.

Based on the most recent sale, this property traded at $744 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

AJ 58TH TERRACE LLC
7296 SW 48 ST, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$7,872 — $14,500
Flood $400 — $800
Property/Wind $7,472 — $13,700

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$35,481
Median Home Value$466,900
Pop. Density6,973/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 →

Mortgages

ACTIVE
$296,250
~$288,079 bal.
NEWMEYER MORTGAGE SERVICES INC · 2023-12-27
1 satisfied mortgage
SATISFIED 2023-09-12
$277,500
SEACOAST NATIONAL BANK
Est. Total Balance $288,079
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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