5839 SW 74 TER 305, South Miami, FL 33143
Parcel: 0940360900150 · Residential · Condominium - Residential · Zoning: 3800
Assessed Value (2025)
$250,415
Property Details
Beds
1
Baths
1
Living Sqft
612
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$192,600
2005-08-01
2
$57,300-70%
2006-01-01
NICOLE B FERRANDO → NICOLE B FERRANDO
3
$100non-market transfer
2024-10-10
NICOLE B FERRANDO → SCOTT WILLIAM SIMPSON TRS
Tax Assessment History
$250,415
Assessed (2025)
$250,415
Market Value
$250,415
Taxable Value
$5,098
Annual Tax
2024
$208,967
$250,415
2025
$250,415
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $250,415 | $250,415 | $250,415 | $5,098 | $0 | $0 |
| 2024 | $208,967 | $250,415 | $208,967 | $4,254 | $0 | $0 |
About 5839 SW 74 TER 305, South Miami, FL 33143
5839 SW 74 TER 305, South Miami, FL 33143 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1973 with 612 square feet of living space. The property is currently owned by SCOTT WILLIAM SIMPSON TRS THE SCOTT WILLIAM SIMPSON AND, 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 2024-10-10 for $100, when NICOLE B FERRANDO sold to SCOTT WILLIAM SIMPSON TRS . The property sold for $57,200 less than the prior sale of $57,300 on 2006-01-01. There are 3 recorded sales for this property.
The 2025 assessed value is $250,415 with a market value of $250,415. The assessed value increased 20% from $208,967 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. 5839 SW 74 TER 305, 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 2024, with 3 recorded transactions in the public record..
Current Owner
SCOTT WILLIAM SIMPSON TRS THE SCOTT WILLIAM SIMPSON AND
11500 SW 99 CT, MIAMI, FL, 33176
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$2,904 — $5,307
Flood $400 — $800
Property/Wind $2,504 — $4,507
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
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