4860 SW 85 ST, South Miami, FL 33143

Parcel: 3041310260070 · Residential - Single Family · 1 Unit · Zoning: 2300

Assessed Value (2025)
$4,530,542

Property Details

Beds
4
Baths
4.5
Living Sqft
6,174
Year Built
1990
Lot Sqft
43,560
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,350,000
1996-07-01
2
$1,810,000+34%
1998-05-01
3
$2,725,000+51%
2011-06-07
DAVID E SCHMITT &W LETTIE J BIENDANIEL A MARRERO

Tax Assessment History

$4,530,542
Assessed (2025)
$5,572,439
Market Value
$4,530,542
Taxable Value
$92,238
Annual Tax
2024
$4,118,675
$5,571,152
2025
$4,530,542
$5,572,439
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,530,542 $5,572,439 $4,530,542 $92,238
2024 $4,118,675 $5,571,152 $4,118,675 $83,853

About 4860 SW 85 ST, South Miami, FL 33143

4860 SW 85 ST, South Miami, FL 33143 is a 4-bedroom, 4.5-bathroom residential - single family : 1 unit built in 1990 with 6,174 square feet of living space on a 43,560 square foot lot. The property is currently owned by DANIEL A MARRERO PRISCILLA MARRERO, 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 2011-06-07 for $2,725,000, when DAVID E SCHMITT &W LETTIE J BIEN sold to DANIEL A MARRERO. The property has appreciated $915,000 (51%) since the prior sale of $1,810,000 on 1998-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $4,530,542 with a market value of $5,572,439. This breaks down to $4,247,100 for the land and $1,325,339 for the building. The assessed value increased 10% from $4,118,675 in 2024.

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. 4860 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 1996 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 166% 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 $441 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2024092371 building F $90,000
C1990109321 building expired

Current Owner

DANIEL A MARRERO PRISCILLA MARRERO
4860 SW 85 ST, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$45,705 — $82,349
Flood $400 — $800
Property/Wind $45,305 — $81,549

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$163,750
Median Home Value$1,138,600
Pop. Density2,919/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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