7440 SW 59 PL 402, South Miami, FL 33143

Parcel: 0940360870070 · Residential · Condominium - Residential · Zoning: 3800

Assessed Value (2025)
$626,535

Property Details

Beds
3
Baths
2.5
Living Sqft
1,914
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$444,900
2005-07-01
2
$572,000+29%
2005-12-01
3
$515,000-10%
2014-09-26
SCOTT THOMASEN &W KIMBERLY59 SUNSET PLACE PROPERTIES LLC

Tax Assessment History

$626,535
Assessed (2025)
$626,535
Market Value
$626,535
Taxable Value
$12,756
Annual Tax
2024
$594,594
$626,535
2025
$626,535
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $626,535 $626,535 $626,535 $12,756
2024 $594,594 $626,535 $594,594 $12,105

About 7440 SW 59 PL 402, South Miami, FL 33143

7440 SW 59 PL 402, South Miami, FL 33143 is a 3-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2005 with 1,914 square feet of living space. The property is currently owned by 59 SUNSET PLACE PROPERTIES 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 2014-09-26 for $515,000, when SCOTT THOMASEN &W KIMBERLY sold to 59 SUNSET PLACE PROPERTIES LLC. The property sold for $57,000 less than the prior sale of $572,000 on 2005-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $626,535 with a market value of $626,535. The assessed value increased 5% from $594,594 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. 7440 SW 59 PL 402, 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 2014, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $269 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

59 SUNSET PLACE PROPERTIES LLC
4144 PINTA COURT, CORAL GABLES, FL, 33146
Since: 2026-03-29
View owner profile →

People Behind This Entity

Registered Agent: ESCAGEDO ANA M
View on Sunbiz →

Est. Annual Insurance

$4,159 — $7,065
Flood $400 — $800
Property/Wind $3,759 — $6,265

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$103,814
Median Home Value$950,800
Pop. Density4,496/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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