5701 SW 62 AVE, South Miami, FL 33143

Parcel: 0940250530050 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$417,297

Property Details

Beds
3
Baths
2
Living Sqft
2,694
Year Built
1960
Lot Sqft
12,750
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$380,000
2014-08-06
LORRAINE DEAN BETHELEQUITY TRUST COMPANY
2
$583,900+54%
2015-07-10
EQUITY TRUST COMPANY TRSDANIEL WOO HWANG
3
$625,000+7%
2016-10-27
DANIEL WOO HWANGMICHAEL T LYNOTT

Tax Assessment History

$417,297
Assessed (2025)
$1,120,293
Market Value
$366,575
Taxable Value
$7,463
Annual Tax
2024
$405,537
$914,775
2025
$417,297
$1,120,293
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $417,297 $1,120,293 $366,575 $7,463
2024 $405,537 $914,775 $355,537 $7,238

About 5701 SW 62 AVE, South Miami, FL 33143

5701 SW 62 AVE, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1960 with 2,694 square feet of living space on a 12,750 square foot lot. The property is currently owned by MICHAEL T LYNOTT LAURA B GONZALEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-10-27 for $625,000, when DANIEL WOO HWANG sold to MICHAEL T LYNOTT. The property has appreciated $41,100 (7%) since the prior sale of $583,900 on 2015-07-10. There are 3 recorded sales for this property.

The 2025 assessed value is $417,297 with a market value of $1,120,293. This breaks down to $765,000 for the land and $355,293 for the building. The assessed value increased 3% from $405,537 in 2024.

The property has the following tax exemptions: homestead. 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 $96,748 recorded against this property. 5701 SW 62 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 2014 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 67% 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 $232 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

MICHAEL T LYNOTT LAURA B GONZALEZ
5701 SW 62 AVE, SOUTH MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,407 — $9,980
Flood $400 — $800
Property/Wind $5,007 — $9,180

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
$100,000
~$96,748 bal.
CITIBANK NA · 2023-07-06
1 satisfied mortgage
SATISFIED 2021-04-30
$550,000
CITIBANK NA
Est. Total Balance $96,748
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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