5863 COMMERCE LN, South Miami, FL 33143

5863 COMMERCE LN, South Miami, FL 33143 is a warehouse terminal or stg : warehouse or storage built in 1959 with 3,000 square feet of living space on a 5,500 square foot lot. The property is currently owned by DISON LTD JACK L DISON, 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 2011-03-14 for $186,400, when PEARSON, ROY sold to DISON LTD. There are 3 recorded sales for this property. The 2025 assessed value is $543,837 with a market value of $553,000.

This breaks down to $412,500 for the land and $140,500 for the building. The assessed value increased 10% from $494,398 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. 5863 COMMERCE LN, 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 1981 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 292% 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 $62 per square foot — a key metric for comparing value across South Miami's real estate market..