7090 SW 59 PL, South Miami, FL 33143

Parcel: 0940250250010 · Store · Retail Outlet · Zoning: 6801

Assessed Value (2025)
$1,383,040

Property Details

Living Sqft
3,200
Year Built
1964
Lot Sqft
8,334
Stories
1
STORE : RETAIL OUTLET

Sales History

1
$90,000
1979-05-01
2
$3,100,000+3344%
2021-04-23
ROBERT & WILLIAM SPIEGELGREC PINECREST LLC
3
$6,000,000+94%
2026-04-29
GREC PINECREST LLCALTA SOMI I LLC

Tax Assessment History

$1,383,040
Assessed (2025)
$1,383,040
Market Value
$1,383,040
Taxable Value
$28,158
Annual Tax
2024
$1,258,717
2025
$1,383,040
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,383,040 $1,383,040 $1,383,040 $28,158
2024 $1,258,717 $1,258,717 $1,258,717 $25,626

About 7090 SW 59 PL, South Miami, FL 33143

7090 SW 59 PL, South Miami, FL 33143 is a store : retail outlet built in 1964 with 3,200 square feet of living space on a 8,334 square foot lot. The property is currently owned by ALTA SOMI I LLC, recorded as of 2026-06-07. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-29 for $6,000,000, when GREC PINECREST LLC sold to ALTA SOMI I LLC. The property has appreciated $2,900,000 (94%) since the prior sale of $3,100,000 on 2021-04-23. There are 3 recorded sales for this property.

The 2025 assessed value is $1,383,040 with a market value of $1,383,040. This breaks down to $1,250,100 for the land and $132,940 for the building. The assessed value increased 10% from $1,258,717 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. 7090 SW 59 PL, 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 1979 to 2026, with 3 recorded transactions in the public record. The current assessed value represents 23% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1875 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

ALTA SOMI I LLC
9155 SOUTH DADELAND BLVD 1506, MIAMI, FL, 33156
Since: 2026-06-07
View owner profile →

People Behind This Entity

Registered Agent: PINO HENRY
View on Sunbiz →

Est. Annual Insurance

$16,996 — $31,226
Flood $400 — $800
Property/Wind $16,596 — $30,426

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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