5785 SW 61 ST, South Miami, FL 33143

Parcel: 3040250351060 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$1,404,741

Property Details

Beds
10
Baths
12
Living Sqft
5,038
Year Built
2020
Lot Sqft
9,523
Stories
3
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$30,000
1973-03-01
2
$195,000+550%
2014-02-24
CAROLYN J IVEYCLAUDIA WONG
3
$500,000+156%
2019-02-25
CLAUDIA WONG18 JADE LLC

Tax Assessment History

$1,404,741
Assessed (2025)
$1,480,646
Market Value
$1,404,741
Taxable Value
$28,599
Annual Tax
2024
$1,277,038
$1,344,313
2025
$1,404,741
$1,480,646
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,404,741 $1,480,646 $1,404,741 $28,599
2024 $1,277,038 $1,344,313 $1,277,038 $25,999

About 5785 SW 61 ST, South Miami, FL 33143

5785 SW 61 ST, South Miami, FL 33143 is a 10-bedroom, 12-bathroom multifamily 2-9 units : 2 living units built in 2020 with 5,038 square feet of living space on a 9,523 square foot lot. The property is currently owned by 18 JADE LLC, 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 2019-02-25 for $500,000, when CLAUDIA WONG sold to 18 JADE LLC. The property has appreciated $305,000 (156%) since the prior sale of $195,000 on 2014-02-24. There are 3 recorded sales for this property.

The 2025 assessed value is $1,404,741 with a market value of $1,480,646. This breaks down to $571,380 for the land and $909,266 for the building. The assessed value increased 10% from $1,277,038 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. 5785 SW 61 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 1973 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 281% 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 $99 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

18 JADE LLC
PO BOX 14 3940, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$8,828 — $14,847
Flood $400 — $800
Property/Wind $8,428 — $14,047

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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