4975 SW 85 ST, South Miami, FL 33143

4975 SW 85 ST, South Miami, FL 33143 is a 7-bedroom, 12-bathroom residential - single family : 1 unit built in 2010 with 22,369 square feet of living space on a 159,429 square foot lot. The property is currently owned by FACUNDO L BACARDI ELIZABETH BACARDI, 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 2004-06-01 for $4,426,000. The property has appreciated $3,351,000 (312%) since the prior sale of $1,075,000 on 1991-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $12,127,767 with a market value of $18,030,134. This breaks down to $11,658,246 for the land and $6,371,888 for the building. The assessed value increased 3% from $11,785,974 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.

4975 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 1971 to 2004, with 3 recorded transactions in the public record.

The current assessed value represents 274% 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. There is 1 active building permit on this property with a combined estimated cost of $4,800, indicating ongoing construction or renovation work.

Based on the most recent sale, this property traded at $198 per square foot — a key metric for comparing value across South Miami's real estate market..