5855 SW 62 ST, South Miami, FL 33143

Parcel: 3040250350690 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$539,245

Property Details

Beds
2
Baths
1
Living Sqft
1,097
Year Built
1948
Lot Sqft
8,025
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2010-09-21
IVIN R RODRIGUEZ & HUMBERTO FUNEZARCH BAY HOLDINGS LLC
2
$84,900
2010-12-16
ARCH BAY HOLDINGS LLCLUDOVICO FERRO
3
$486,000+472%
2021-12-17
LUDOVICO FERRORAMON ALBERTO VALLADARES ALVARADO

Tax Assessment History

$539,245
Assessed (2025)
$628,899
Market Value
$539,245
Taxable Value
$10,979
Annual Tax
2024
$490,223
$537,346
2025
$539,245
$628,899
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $539,245 $628,899 $539,245 $10,979
2024 $490,223 $537,346 $490,223 $9,981

About 5855 SW 62 ST, South Miami, FL 33143

5855 SW 62 ST, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,097 square feet of living space on a 8,025 square foot lot. The property is currently owned by RAMON ALBERTO VALLADARES ALVARADO, 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 2021-12-17 for $486,000, when LUDOVICO FERRO sold to RAMON ALBERTO VALLADARES ALVARADO. The property has appreciated $401,100 (472%) since the prior sale of $84,900 on 2010-12-16. There are 3 recorded sales for this property.

The 2025 assessed value is $539,245 with a market value of $628,899. This breaks down to $481,500 for the land and $147,399 for the building. The assessed value increased 10% from $490,223 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 $312,053 recorded against this property.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. 5855 SW 62 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 2010 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 111% of the most recent sale price.

Based on the most recent sale, this property traded at $443 per square foot — a key metric for comparing value across South Miami's real estate market..

Code Violations 1 open

20260246975 open
2026-04-01

Distress Signals

  • 1 open code violation

Current Owner

RAMON ALBERTO VALLADARES ALVARADO
92 SW 3 STREET UNIT M-3108, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$6,870 — $12,663
Flood $400 — $800
Property/Wind $6,470 — $11,863

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
$329,000
~$312,053 bal.
CITADEL SERVICING CORP · 2021-12-29
Est. Total Balance $312,053
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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