5540 SW 85 ST, South Miami, FL 33143
Parcel: 3041310310500 · Residential - Single Family · 1 Unit · Zoning: 2100
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $1,148,975 | $1,791,635 | $1,148,975 | $23,392 | $1,487,640 | $303,995 |
| 2024 | $1,044,523 | $1,673,237 | $1,044,523 | $21,266 | $1,478,820 | $194,417 |
About 5540 SW 85 ST, South Miami, FL 33143
5540 SW 85 ST, South Miami, FL 33143 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1958 with 1,629 square feet of living space on a 15,180 square foot lot. The property is currently owned by JASON FORWOOD KAROLINA FORWOOD, 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 2020-11-09 for $915,000, when ROBT J O BRIEN &W JOYCE sold to JASON FORWOOD. The 2025 assessed value is $1,148,975 with a market value of $1,791,635. This breaks down to $1,487,640 for the land and $303,995 for the building.
The assessed value increased 10% from $1,044,523 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.
5540 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 current assessed value represents 126% 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 $562 per square foot — a key metric for comparing value across South Miami's real estate market..
Current Owner
Est. Annual Insurance
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.