5116 RED RD, Westchester, FL 33155

Parcel: 3040240000980 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0100

Assessed Value (2025)
$846,588

Property Details

Beds
5
Baths
4
Living Sqft
3,305
Year Built
1939
Lot Sqft
11,359
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$467,000
2012-08-02
M7 INVESTMENT INCROY M SCHULTHEIS
2
$100non-market transfer
2014-09-12
ROY M SCHULTHEISROY M SCHULTHEIS
3
$1,250,000
2017-12-22
ROY M SCHULTHEISLEONARDO ALONSO TRS

Tax Assessment History

$846,588
Assessed (2025)
$933,800
Market Value
$846,588
Taxable Value
$17,236
Annual Tax
2024
$769,626
$820,249
2025
$846,588
$933,800
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $846,588 $933,800 $846,588 $17,236
2024 $769,626 $820,249 $769,626 $15,669

About 5116 RED RD, Westchester, FL 33155

5116 RED RD, Westchester, FL 33155 is a 5-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1939 with 3,305 square feet of living space on a 11,359 square foot lot. The property is currently owned by LEONARDO ALONSO TRS ALONSO AND ALONSO MD, 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 2017-12-22 for $1,250,000, when ROY M SCHULTHEIS sold to LEONARDO ALONSO TRS. The property has appreciated $1,249,900 (1249900%) since the prior sale of $100 on 2014-09-12. There are 3 recorded sales for this property.

The 2025 assessed value is $846,588 with a market value of $933,800. This breaks down to $700,800 for the land and $233,000 for the building. The assessed value increased 10% from $769,626 in 2024.

The median household income in this area is $116,701, and the median home value is $676,600. The population density is 4,777 people per square mile. 5116 RED RD, Westchester, FL 33155 is located in Westchester, Florida.

Property records, tax assessments, sales history, and ownership information for this Westchester property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2012 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 68% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $378 per square foot — a key metric for comparing value across Westchester's real estate market..

Current Owner

LEONARDO ALONSO TRS ALONSO AND ALONSO MD
4808 GRANADA BLVD, CORAL GABLES, FL, 33146
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$10,559 — $19,424
Flood $400 — $800
Property/Wind $10,159 — $18,624

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$116,701
Median Home Value$676,600
Pop. Density4,777/sq mi

Neighborhood 33155

61.6%
Owner-Occ
38.4%
Investor
253
Flips (4yr)
9,120
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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