406 SW 5 AVE, Florida City, FL 33034

Parcel: 1678240074400 · Residential - Single Family · 1 Unit · Zoning: 0500

Assessed Value (2025)
$161,439

Property Details

Beds
3
Baths
2
Living Sqft
1,516
Year Built
1993
Lot Sqft
7,500
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$42,500
1989-09-01
2
$42,500
1989-10-01

Tax Assessment History

$161,439
Assessed (2025)
$331,382
Market Value
$161,439
Taxable Value
$3,287
Annual Tax
2024
$146,763
$322,582
2025
$161,439
$331,382
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $161,439 $331,382 $161,439 $3,287
2024 $146,763 $322,582 $146,763 $2,988

About 406 SW 5 AVE, Florida City, FL 33034

406 SW 5 AVE, Florida City, FL 33034 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1993 with 1,516 square feet of living space on a 7,500 square foot lot. The property is currently owned by ALFIO CAVALLARO NANCY CAVALLARO, 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 1989-10-01 for $42,500. The 2025 assessed value is $161,439 with a market value of $331,382. This breaks down to $150,000 for the land and $181,382 for the building.

The assessed value increased 10% from $146,763 in 2024. The median household income in this area is $53,054, and the median home value is $338,800. The population density is 3,481 people per square mile.

406 SW 5 AVE, Florida City, FL 33034 is located in Florida City, Florida. Property records, tax assessments, sales history, and ownership information for this Florida City property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1989 to 1989, with 2 recorded transactions in the public record.

The current assessed value represents 380% 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 $28 per square foot — a key metric for comparing value across Florida City's real estate market..

Current Owner

ALFIO CAVALLARO NANCY CAVALLARO
18475 SW 280 ST, HOMESTEAD, FL, 33031-3312
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,014 — $3,800
Flood $400 — $800
Property/Wind $1,614 — $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$53,054
Median Home Value$338,800
Pop. Density3,481/sq mi

Neighborhood 33034

41.9%
Owner-Occ
58.1%
Investor
197
Flips (4yr)
1,770
New Biz (3yr)
Distress Risk
MODERATE
36
View full risk analysis →
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