5575 SW 84 TER, South Miami, FL 33143

Parcel: 3041310310030 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$1,842,313

Property Details

Beds
6
Baths
6
Living Sqft
3,989
Year Built
1968
Lot Sqft
15,180
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
2007-05-01
2
$875,000
2020-11-17
ROBBERT & JEANNE KEMMINK CO-TRSJOSE IGNACIO RASCO III

Tax Assessment History

$1,842,313
Assessed (2025)
$2,342,313
Market Value
$1,791,591
Taxable Value
$36,475
Annual Tax
2024
$950,466
$1,542,116
2025
$1,842,313
$2,342,313
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,842,313 $2,342,313 $1,791,591 $36,475
2024 $950,466 $1,542,116 $950,466 $19,351

About 5575 SW 84 TER, South Miami, FL 33143

5575 SW 84 TER, South Miami, FL 33143 is a 6-bedroom, 6-bathroom residential - single family : 1 unit built in 1968 with 3,989 square feet of living space on a 15,180 square foot lot. The property is currently owned by JOSE IGNACIO RASCO III JACQUELINE CHISHOLM RASCO, 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 2020-11-17 for $875,000, when ROBBERT & JEANNE KEMMINK CO-TRS sold to JOSE IGNACIO RASCO III. The 2025 assessed value is $1,842,313 with a market value of $2,342,313. This breaks down to $1,487,640 for the land and $854,673 for the building.

The assessed value increased 94% from $950,466 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. 5575 SW 84 TER, 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 2007 to 2020, with 2 recorded transactions in the public record. The current assessed value represents 211% 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, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $219 per square foot — a key metric for comparing value across South Miami's real estate market..

Building Permits (9)

Permit #TypeStatusCost
C2026028178 building A
C2025025075 zips F
C2024085163 building F $36,000
C2024062494 plumbing F $600
W2024002174 electrical F
W2024001370 plumbing F
C2023120262 building F $20,850
C2023172068 building F
W2023170094 electrical F

Current Owner

JOSE IGNACIO RASCO III JACQUELINE CHISHOLM RASCO
5575 SW 84 TER, MIAMI, FL, 33143
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$22,507 — $41,330
Flood $400 — $800
Property/Wind $22,107 — $40,530

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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