5820 SW 62 TER, South Miami, FL 33143

Parcel: 3040250320160 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$541,657

Property Details

Beds
3
Baths
1
Living Sqft
1,677
Year Built
1948
Lot Sqft
7,840
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2015-01-07
RICHARD E WILLIAMSRICHARD E WILLIAMS
2
N/Anon-market transfer
2015-01-08
MINNIE LEE WILLIAMS STAFFORDRICHARD E WILLIAMS
3
$30,400
2015-02-04
GRADEAN WILLIAMS LERICHARD E WILLIAMS

Tax Assessment History

$541,657
Assessed (2025)
$659,621
Market Value
$541,657
Taxable Value
$11,028
Annual Tax
2024
$492,416
$573,146
2025
$541,657
$659,621
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $541,657 $659,621 $541,657 $11,028
2024 $492,416 $573,146 $492,416 $10,025

About 5820 SW 62 TER, South Miami, FL 33143

5820 SW 62 TER, South Miami, FL 33143 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,677 square feet of living space on a 7,840 square foot lot. The property is currently owned by RICHARD E WILLIAMS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2015-02-04 for $30,400, when GRADEAN WILLIAMS LE sold to RICHARD E WILLIAMS. There are 3 recorded sales for this property. The 2025 assessed value is $541,657 with a market value of $659,621.

This breaks down to $470,400 for the land and $189,221 for the building. The assessed value increased 10% from $492,416 in 2024. The median household income in this area is $35,481, and the median home value is $466,900.

The population density is 6,973 people per square mile. 5820 SW 62 TER, South Miami, FL 33143 is located in South Miami, Florida. Property records, tax assessments, sales history, and ownership information for this South Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2015 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 1782% 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 $18 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2023137190 building F $22,500

Current Owner

RICHARD E WILLIAMS
5820 SW 62 TER, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,899 — $12,716
Flood $400 — $800
Property/Wind $6,499 — $11,916

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$35,481
Median Home Value$466,900
Pop. Density6,973/sq mi

Neighborhood 33143

46.7%
Owner-Occ
53.3%
Investor
206
Flips (4yr)
5,250
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →
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