5885 SW 60 AVE, South Miami, FL 33143

Parcel: 0940250200420 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$794,110

Property Details

Beds
4
Baths
3
Living Sqft
2,495
Year Built
2024
Lot Sqft
10,070
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2012-07-30
REMARK BELL EST OFLEOLA B HAMILTON
2
$320,000
2018-08-08
LEOLA B HAMILTONTERESITA GRASSO

Tax Assessment History

$794,110
Assessed (2025)
$1,094,297
Market Value
$794,110
Taxable Value
$16,167
Annual Tax
2024
$276,376
$483,175
2025
$794,110
$1,094,297
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $794,110 $1,094,297 $794,110 $16,167
2024 $276,376 $483,175 $276,376 $5,627

About 5885 SW 60 AVE, South Miami, FL 33143

5885 SW 60 AVE, South Miami, FL 33143 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2024 with 2,495 square feet of living space on a 10,070 square foot lot. The property is currently owned by TERESITA GRASSO, 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 2018-08-08 for $320,000, when LEOLA B HAMILTON sold to TERESITA GRASSO. The property has appreciated $319,900 (319900%) since the prior sale of $100 on 2012-07-30. The 2025 assessed value is $794,110 with a market value of $1,094,297.

This breaks down to $604,200 for the land and $490,097 for the building. The assessed value increased 187% from $276,376 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. 5885 SW 60 AVE, 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 2012 to 2018, with 2 recorded transactions in the public record. The current assessed value represents 248% 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 $128 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

TERESITA GRASSO
7035 SW 19 TER, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,164 — $8,741
Flood $400 — $800
Property/Wind $4,764 — $7,941

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 →
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