7121 SW 59 ST, South Miami, FL 33143

Parcel: 3040260110450 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$694,997

Property Details

Beds
3
Baths
2
Living Sqft
1,372
Year Built
1954
Lot Sqft
15,052
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$85,000
1982-04-01
2
$100,000+18%
1990-08-01

Tax Assessment History

$694,997
Assessed (2025)
$877,740
Market Value
$694,997
Taxable Value
$14,150
Annual Tax
2024
$631,816
$756,284
2025
$694,997
$877,740
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $694,997 $877,740 $694,997 $14,150
2024 $631,816 $756,284 $631,816 $12,863

About 7121 SW 59 ST, South Miami, FL 33143

7121 SW 59 ST, South Miami, FL 33143 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,372 square feet of living space on a 15,052 square foot lot. The property is currently owned by ROBERT D STEWART, 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 1990-08-01 for $100,000. The property has appreciated $15,000 (18%) since the prior sale of $85,000 on 1982-04-01. The 2025 assessed value is $694,997 with a market value of $877,740.

This breaks down to $722,496 for the land and $155,244 for the building. The assessed value increased 10% from $631,816 in 2024. The median household income in this area is $137,875, and the median home value is $750,000.

The population density is 1,886 people per square mile. 7121 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 1982 to 1990, with 2 recorded transactions in the public record. The current assessed value represents 695% 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 $73 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C1991084354 building expired $7,500

Current Owner

ROBERT D STEWART
4950 SW 72 AVE 2ND FL, MIAMI, FL, 33155-5533
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$8,739 — $16,089
Flood $400 — $800
Property/Wind $8,339 — $15,289

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$137,875
Median Home Value$750,000
Pop. Density1,886/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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