5540 SW 78 ST 31D, South Miami, FL 33143

Parcel: 3041310410310 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$152,113

Property Details

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

Sales History

1
$62,500
1981-02-01
2
$50,000-20%
1988-04-01
3
$127,500+155%
2011-04-16
MICHAEL JARVIS &KYLE EVANS LEE

Tax Assessment History

$152,113
Assessed (2025)
$302,572
Market Value
$101,391
Taxable Value
$2,064
Annual Tax
2024
$147,827
$318,497
2025
$152,113
$302,572
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $152,113 $302,572 $101,391 $2,064
2024 $147,827 $318,497 $97,827 $1,992

About 5540 SW 78 ST 31D, South Miami, FL 33143

5540 SW 78 ST 31D, 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 KYLE EVANS LEE, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-04-16 for $127,500, when MICHAEL JARVIS & sold to KYLE EVANS LEE. The property has appreciated $77,500 (155%) since the prior sale of $50,000 on 1988-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $152,113 with a market value of $302,572. The assessed value increased 3% from $147,827 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. 5540 SW 78 ST 31D, 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 1981 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price.

Based on the most recent sale, this property traded at $159 per square foot — a key metric for comparing value across South Miami's real estate market..

Current Owner

KYLE EVANS LEE
429 S ELLWOOD AVE, BALTIMORE, MD, 21224
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,225 — $4,146
Flood $400 — $800
Property/Wind $1,825 — $3,346

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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