5540 SW 78 ST 29B, South Miami, FL 33143

Parcel: 3041310410290 · 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
$107,625
2010-12-23
FEDERAL NATIOANAL MORTGAGE ASSNVESNA MARKOVIC
2
$213,000+98%
2014-09-18
VESNA MARKOVICBRADLEY K SWAIN
3
$245,000+15%
2018-06-01
BRADLEY K SWAINGERALDINE OSULLIVAN

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 5540 SW 78 ST 29B, South Miami, FL 33143

5540 SW 78 ST 29B, 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 GERALDINE OSULLIVAN, 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 2018-06-01 for $245,000, when BRADLEY K SWAIN sold to GERALDINE OSULLIVAN. The property has appreciated $32,000 (15%) since the prior sale of $213,000 on 2014-09-18. 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. There are active mortgage liens totaling $45,007 recorded against this property.

5540 SW 78 ST 29B, 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 2010 to 2018, with 3 recorded transactions in the public record.

The current assessed value represents 93% of the most recent sale price. Based on the most recent sale, this property traded at $306 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

GERALDINE OSULLIVAN
5540 SW 78 ST 29B, 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 →

Mortgages

ACTIVE
$46,000
~$45,007 bal.
LOANDEPOT.COM LLC · 2025-07-18
Est. Total Balance $45,007
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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