40 SW 116 CT, Sweetwater, FL 33174
Parcel: 2540060310040 · Residential - Single Family · 1 Unit · Zoning: 3700
Assessed Value (2025)
$499,948
Property Details
Beds
3
Baths
2
Living Sqft
1,288
Year Built
1983
Lot Sqft
4,100
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$59,500
1985-06-01
2
$105,000+76%
1999-02-01
3
$100non-market transfer
2024-10-03
DALIA VARGAS → FERNANDO VARGAS
4
N/A
2024-10-09
Tax Assessment History
$499,948
Assessed (2025)
$499,948
Market Value
$499,948
Taxable Value
$10,179
Annual Tax
2024
$194,574
$437,938
2025
$499,948
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $499,948 | $499,948 | $499,948 | $10,179 | $266,500 | $233,448 |
| 2024 | $194,574 | $437,938 | $144,574 | $2,943 | $202,540 | $235,398 |
About 40 SW 116 CT, Sweetwater, FL 33174
40 SW 116 CT, Sweetwater, FL 33174 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1983 with 1,288 square feet of living space on a 4,100 square foot lot. The property is currently owned by FERNANDO VARGAS EST OF, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 4 recorded sales for this property. The 2025 assessed value is $499,948 with a market value of $499,948. This breaks down to $266,500 for the land and $233,448 for the building.
The assessed value increased 157% from $194,574 in 2024. The median household income in this area is $67,560, and the median home value is $293,200. The population density is 17,241 people per square mile.
40 SW 116 CT, 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 1985 to 2024, with 4 recorded transactions in the public record..
Current Owner
FERNANDO VARGAS EST OF
8420 SW 103, MIAMI, FL, 33173
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$5,399 — $9,799
Flood $400 — $800
Property/Wind $4,999 — $8,999
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$67,560
Median Home Value$293,200
Pop. Density17,241/sq mi
Neighborhood 33174
42.4%
Owner-Occ
57.6%
Investor
79
Flips (4yr)
3,043
New Biz (3yr)
Distress Risk
MODERATE
40
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