11229 SW 5 TER, Sweetwater, FL 33174
Parcel: 2540060010386 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $792,524 | $792,524 | $741,802 | $15,102 | $390,000 | $402,524 |
| 2024 | $635,605 | $738,537 | $635,605 | $12,940 | $273,492 | $465,045 |
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
Flood Zone
Est. Annual Insurance
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.