6116 SW 62 TER 5, South Miami, FL 33143
Parcel: 0940250810050 · Residential · Condominium - Residential · Zoning: 1000
Assessed Value (2025)
$99,195
Property Details
Beds
2
Baths
1
Living Sqft
633
Year Built
1953
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$10,100
2010-01-21
DAISY MENENDEZ → JPMORGAN CHASE BANK NATL ASSN
2
$36,000+256%
2010-10-30
JPMORGAN CHASE BANK NATL ASSN → IVAN CASTELLON
3
$100non-market transfer
2011-07-05
IVAN CASTELLON → SOUTH MIAMI I LLC
Tax Assessment History
$99,195
Assessed (2025)
$163,398
Market Value
$99,195
Taxable Value
$2,020
Annual Tax
2024
$90,178
$163,398
2025
$99,195
$163,398
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $99,195 | $163,398 | $99,195 | $2,020 | $0 | $0 |
| 2024 | $90,178 | $163,398 | $90,178 | $1,836 | $0 | $0 |
About 6116 SW 62 TER 5, South Miami, FL 33143
6116 SW 62 TER 5, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1953 with 633 square feet of living space. The property is currently owned by SOUTH MIAMI I 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 2011-07-05 for $100, when IVAN CASTELLON sold to SOUTH MIAMI I LLC. The property sold for $35,900 less than the prior sale of $36,000 on 2010-10-30. There are 3 recorded sales for this property.
The 2025 assessed value is $99,195 with a market value of $163,398. The assessed value increased 10% from $90,178 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. 6116 SW 62 TER 5, 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 2010 to 2011, with 3 recorded transactions in the public record..
Current Owner
SOUTH MIAMI I LLC
11320 SW 107 AVE, MIAMI, FL, 33176
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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
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