5520 SW 78 ST 27D, South Miami, FL 33143

Parcel: 3041310410270 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$228,594

Property Details

Beds
2
Baths
1
Living Sqft
800
Year Built
1950
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$28,900
1974-07-01
2
$65,000+125%
1996-05-01
3
$200,000+208%
2016-08-31
JOANN ASWADERIK SANDVIG

Tax Assessment History

$228,594
Assessed (2025)
$302,572
Market Value
$177,872
Taxable Value
$3,621
Annual Tax
2024
$222,152
$318,497
2025
$228,594
$302,572
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $228,594 $302,572 $177,872 $3,621
2024 $222,152 $318,497 $172,152 $3,505

About 5520 SW 78 ST 27D, South Miami, FL 33143

5520 SW 78 ST 27D, South Miami, FL 33143 is a 2-bedroom, 1-bathroom residential - total value : condominium - residential built in 1950 with 800 square feet of living space. The property is currently owned by ERIK SANDVIG, 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 2016-08-31 for $200,000, when JOANN ASWAD sold to ERIK SANDVIG. The property has appreciated $135,000 (208%) since the prior sale of $65,000 on 1996-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $228,594 with a market value of $302,572. The assessed value increased 3% from $222,152 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. 5520 SW 78 ST 27D, 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 1974 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 114% of the most recent sale price.

Based on the most recent sale, this property traded at $250 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

ERIK SANDVIG
5520 SW 78 ST 27D, MIAMI, FL, 33143
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,143 — $5,829
Flood $400 — $800
Property/Wind $2,743 — $5,029

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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