11229 SW 5 TER, Sweetwater, FL 33174

Parcel: 2540060010386 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$792,524

Property Details

Beds
6
Baths
3
Living Sqft
2,319
Year Built
1963
Lot Sqft
6,000
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$170,000
2012-03-07
FEDERAL HOME LOAN MORTGAGE CORPADLIN SUKHWANI
2
$100non-market transfer
2016-01-29
ADLIN SUKHWANIJAVED RAHMAN
3
$564,500
2021-10-05
JAVED RAHMAN YASIR A MALIK

Tax Assessment History

$792,524
Assessed (2025)
$792,524
Market Value
$741,802
Taxable Value
$15,102
Annual Tax
2024
$635,605
$738,537
2025
$792,524
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $792,524 $792,524 $741,802 $15,102
2024 $635,605 $738,537 $635,605 $12,940

About 11229 SW 5 TER, Sweetwater, FL 33174

11229 SW 5 TER, Sweetwater, FL 33174 is a 6-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1963 with 2,319 square feet of living space on a 6,000 square foot lot. The property is currently owned by YASIR A MALIK, 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 2021-10-05 for $564,500, when JAVED RAHMAN sold to YASIR A MALIK. The property has appreciated $564,400 (564400%) since the prior sale of $100 on 2016-01-29. There are 3 recorded sales for this property.

The 2025 assessed value is $792,524 with a market value of $792,524. This breaks down to $390,000 for the land and $402,524 for the building. The assessed value increased 25% from $635,605 in 2024.

The property has the following tax exemptions: homestead. 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 $400,620 recorded against this property.

11229 SW 5 TER, 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 2012 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 140% 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 $243 per square foot — a key metric for comparing value across Sweetwater's real estate market..

Current Owner

YASIR A MALIK
3746 72 ST 4C, JACKSON HEIGHTS, NY, 11372
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$9,910 — $18,235
Flood $400 — $800
Property/Wind $9,510 — $17,435

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 11229

100%
Owner-Occ
0%
Investor
255
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →

Mortgages

ACTIVE
$423,375
~$400,620 bal.
LAKEVIEW LOAN SERVICING LLC · 2021-10-15
Est. Total Balance $400,620
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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