5501 SW 74 ST, South Miami, FL 33143

5501 SW 74 ST, South Miami, FL 33143 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1952 with 1,780 square feet of living space on a 11,250 square foot lot. The property is currently owned by SAGE 5501 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 2026-02-03 for $2,050,000. There are 4 recorded sales for this property. The 2025 assessed value is $531,692 with a market value of $1,686,446.

This breaks down to $1,462,500 for the land and $223,946 for the building. The assessed value increased 3% from $516,708 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. 5501 SW 74 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 2003 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 26% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. There are 2 active building permits on this property with a combined estimated cost of $9,001, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $1152 per square foot — a key metric for comparing value across South Miami's real estate market..