11040 SW 5 ST, Sweetwater, FL 33174

Parcel: 2540060010084 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 5700

Assessed Value (2025)
$691,050

Property Details

Beds
8
Baths
5
Living Sqft
4,312
Year Built
1986
Lot Sqft
5,000
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
N/Anon-market transfer
2005-01-01
2
$700,000
2021-09-01
MANUEL FELIZ &W REBECAPREALF LLC
3
$835,000+19%
2022-03-23
PREALF LLC11040 SWEETWATER LLC

Tax Assessment History

$691,050
Assessed (2025)
$691,050
Market Value
$691,050
Taxable Value
$14,069
Annual Tax
2024
$725,715
2025
$691,050
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $691,050 $691,050 $691,050 $14,069
2024 $725,715 $725,715 $725,715 $14,775

About 11040 SW 5 ST, Sweetwater, FL 33174

11040 SW 5 ST, Sweetwater, FL 33174 is a 8-bedroom, 5-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1986 with 4,312 square feet of living space on a 5,000 square foot lot. The property is currently owned by 11040 SWEETWATER 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 2022-03-23 for $835,000, when PREALF LLC sold to 11040 SWEETWATER LLC. The property has appreciated $135,000 (19%) since the prior sale of $700,000 on 2021-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $691,050 with a market value of $691,050. This breaks down to $325,000 for the land and $366,050 for the building. The assessed value decreased 5% from $725,715 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $51,765, and the median home value is $339,600.

The population density is 16,888 people per square mile. There are active mortgage liens totaling $176,500 recorded against this property. 11040 SW 5 ST, Sweetwater, FL 33174 is located in Sweetwater, Florida.

Property records, tax assessments, sales history, and ownership information for this Sweetwater property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2005 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price.

Based on the most recent sale, this property traded at $194 per square foot — a key metric for comparing value across Sweetwater's real estate market..

Current Owner

11040 SWEETWATER LLC
19201 COLLINS AVE UNIT 1021, SUNNY ISLES BEACH, FL, 33160
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$7,310 — $13,238
Flood $400 — $800
Property/Wind $6,910 — $12,438

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$51,765
Median Home Value$339,600
Pop. Density16,888/sq mi

Neighborhood 11040

100%
Owner-Occ
0%
Investor
10
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →

Mortgages

ACTIVE
$176,500
MANUEL FELIZ ET AL · 2021-09-09
Est. Total Balance $176,500
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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