5000 SW 85 ST, South Miami, FL 33143

5000 SW 85 ST, South Miami, FL 33143 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1949 with 4,065 square feet of living space on a 41,818 square foot lot. The property is currently owned by CARLOS R LAGO LINA M HARGETT, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2019-07-05 for $1,125,000, when MICHAEL W PENA TRS sold to CARLOS R LAGO. The property has appreciated $1,124,900 (1124900%) since the prior sale of $100 on 2019-04-18. The 2025 assessed value is $2,950,772 with a market value of $4,825,633.

This breaks down to $4,077,255 for the land and $748,378 for the building. The assessed value increased 3% from $2,867,612 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $163,750, and the median home value is $1,138,600. The population density is 2,919 people per square mile. There are active mortgage liens totaling $1,552,591 recorded against this property.

5000 SW 85 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 2019 to 2019, with 2 recorded transactions in the public record.

The current assessed value represents 262% 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 $277 per square foot — a key metric for comparing value across South Miami's real estate market..