5878 SW 62 ST, South Miami, FL 33143

5878 SW 62 ST, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1948 with 1,890 square feet of living space on a 8,175 square foot lot. The property is currently owned by DORETHA SPANN, 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 2003-04-01 for $135,000. The property has appreciated $108,100 (402%) since the prior sale of $26,900 on 1974-12-01. The 2025 assessed value is $233,018 with a market value of $678,179.

This breaks down to $490,500 for the land and $187,679 for the building. The assessed value increased 3% from $226,451 in 2024. The property has the following tax exemptions: homestead.

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. 5878 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 1974 to 2003, with 2 recorded transactions in the public record. The current assessed value represents 173% 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 $71 per square foot — a key metric for comparing value across South Miami's real estate market..