5842 SW 59 ST, South Miami, FL 33143

Parcel: 3040250350290 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$534,644

Property Details

Beds
2
Baths
2
Living Sqft
1,500
Year Built
1948
Lot Sqft
7,800
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$30,000
1975-10-01
2
N/Anon-market transfer
2016-08-03
CHARLES F CLEARE EST OF CHARLES JAYLIN CLEARE
3
$266,000
2017-08-28
CHARLES J FRANKLIN CLEARE HOWARD MERTZ

Tax Assessment History

$534,644
Assessed (2025)
$645,595
Market Value
$534,644
Taxable Value
$10,885
Annual Tax
2024
$486,040
$560,095
2025
$534,644
$645,595
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $534,644 $645,595 $534,644 $10,885
2024 $486,040 $560,095 $486,040 $9,895

About 5842 SW 59 ST, South Miami, FL 33143

5842 SW 59 ST, South Miami, FL 33143 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1948 with 1,500 square feet of living space on a 7,800 square foot lot. The property is currently owned by HOWARD MERTZ, 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 2017-08-28 for $266,000, when CHARLES J FRANKLIN CLEARE sold to HOWARD MERTZ. There are 3 recorded sales for this property. The 2025 assessed value is $534,644 with a market value of $645,595.

This breaks down to $468,000 for the land and $177,595 for the building. The assessed value increased 10% from $486,040 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. There are active mortgage liens totaling $318,839 recorded against this property. 5842 SW 59 ST, 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 1975 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 201% 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 $177 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

HOWARD MERTZ
5971 SW 44 TER, MIAMI, FL, 33155
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,815 — $12,562
Flood $400 — $800
Property/Wind $6,415 — $11,762

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 →

Mortgages

ACTIVE
$336,000
~$318,839 bal.
LADERA LENDING INC · 2022-01-13
Est. Total Balance $318,839
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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