5005 SW 83 ST, South Miami, FL 33143

5005 SW 83 ST, South Miami, FL 33143 is a 5-bedroom, 5-bathroom residential - single family : 1 unit built in 1967 with 5,732 square feet of living space on a 37,026 square foot lot. The property is currently owned by 5005 SW 83 STREET LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-05-12 for $8,499,000, when ERICH ALTABA sold to 5005 SW 83 STREET LLC. The property has appreciated $5,899,000 (227%) since the prior sale of $2,600,000 on 2017-01-23. There are 3 recorded sales for this property.

The 2025 assessed value is $5,257,929 with a market value of $5,257,929. This breaks down to $3,610,035 for the land and $1,647,894 for the building. The assessed value decreased 0% from $5,279,839 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. 5005 SW 83 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 2015 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 62% 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. Based on the most recent sale, this property traded at $1483 per square foot — a key metric for comparing value across South Miami's real estate market..