5838 SW 74 TER 114, South Miami, FL 33143

5838 SW 74 TER 114, South Miami, FL 33143 is a residential - total value : condominium - residential built in 1974 with 1,290 square feet of living space. The property is currently owned by ALCA 114 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 2021-12-01 for $330,000, when PEDRO L BOFILL sold to ALCA 114 LLC. The property has appreciated $32,000 (11%) since the prior sale of $298,000 on 2006-07-01. There are 3 recorded sales for this property.

The 2025 assessed value is $408,807 with a market value of $408,807. The assessed value increased 6% from $384,199 in 2024. The median household income in this area is $103,814, and the median home value is $950,800.

The population density is 4,496 people per square mile. 5838 SW 74 TER 114, 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 2005 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 124% 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 $256 per square foot — a key metric for comparing value across South Miami's real estate market..