Miami-Dade County  »  5959 SW 71st St

5959 Southwest 71st Street, Miami, FL 33143 - Property report

Also known as: 5959 SW 71st St

Property image for 5959 Southwest 71st Street, Miami, FL 33143
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Property type

Hotel or Motel: Hotel (3921)

Year built

1991

Acreage

0.82

Sale price

$23,000,000

General information

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Address
Primary address
5959 Southwest 71st Street
ZIP code
33143
County
Miami-Dade
Municipality
09
Neighborhood
094025011
Parcel ID
0940250110240
Qualifier

Owner

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Sales
Sale date
05/01/2026
Sale price
$23,000,000
Arm's length
Tax
Tax year
2025
Current property tax
$121,425
Building
Property type
Hotel or Motel: Hotel (3921)
Building sq. ft.
95,728
Buildings on lot
1
Stories
4
Year built
1991
Lot
Total sq. ft.
95,728
Acreage
0.82
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
0 /100.  Minimal Transit
Bike score
84 /100.  Very Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 5959 Southwest 71st Street, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5959 Southwest 71st Street, Miami, FL 33143

Sale date Sale price Buyer name Seller name
05/01/2026 $23,000,000 XXXX XXXX X XXX XXXXXXX XX XXXX
07/21/2022 $4,000,758 XXXXXXXX XXXXXXXXXXX XX XXXX XXXXX XXX XX XXX
03/01/2005 $7,390,000 XXXX XXXXX XXX XX XXX; XXXXXXXX XXXXXX XX XXXX XXXXXXXXXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/07/2026 - R
05/01/2026 - D
Deed XXXXXXX XX XXXX XXXX XXXX X XXX
07/21/2022 - D
07/21/2022 - R
Financing Statement Ucc XXXX XXXXX XXX XX XXX XXXXXXX XX XXXX
07/21/2022 - D
07/21/2022 - R
Mortgage X X XXXXXXX XXXX XXXXXXXX XX XXXX
07/21/2022 - D
07/21/2022 - R
Deed XXXX XXXXX XXX XX XXX XXXXXXXX XXXXXXXXXXX XX
03/01/2005 - R Deed XXXX XXXXXXXXXX XXX XXXX XXXXX XXX XX XXX
05/30/2002 - R Warranty Deed XXXXXX XXXX XXXX XXX XXXX XXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5959 Southwest 71st Street, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$121,425
Recent tax assessments
Market value
$6,400,000
Land value
$5,355,000
Building value
$1,045,000
Assessed value
$6,400,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $6,400,000 $6,400,000 18.9727 $121,425 -0.09%
2024 $6,400,000 $6,400,000 18.9897 $121,534 +6.08%
2023 $6,000,000 $6,000,000 19.0951 $114,571 +22.79%
2022 $5,365,000 $4,620,000 19.1342 $93,309 +11.21%
2021 $4,200,000 $4,200,000 19.9773 $83,905 -19.44%
2020 $5,200,000 $5,200,000 20.0288 $104,150 +1.72%
2019 $5,100,000 $5,100,000 20.0771 $102,393 +6.42%
2018 $4,900,000 $4,900,000 19.6361 $96,217 -1.24%
2017 $4,900,000 $4,900,000 19.8824 $97,424 -10.97%
2016 $5,400,000 $4,840,000 20.2638 $109,425 -1.77%

Permit information for 5959 Southwest 71st Street, Miami, FL

No recently recorded permits for this property.

South Miami residential market stats

Access a detailed real estate market overview of South Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in South Miami and compare it to other neighborhoods in Miami-Dade.

Median sale price

$545,000

-23.8% Y-o-Y

Median price/sq. ft.

$410

-12% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in South Miami and see how their prices compare.

Demographics by ZIP code

Total population
33,711
Median age
40.3
Average household income
$157,808
Family households
58.3%
People per household (average)
2.35
Occupied housing units
14,234
Owner-occupied units
52.5%
Median year structure built
1975
Median value mortgaged units
$899,200
Median value unmortgaged units
$814,300

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 5959 Southwest 71st Street, Miami, FL 33143 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 5959 Southwest 71st Street, Miami, FL 33143?

The development at 5959 Southwest 71st Street, Miami, FL 33143 was built in 1991.

What is the market value of 5959 Southwest 71st Street, Miami, FL 33143?

The current market value of 5959 Southwest 71st Street, Miami, FL 33143 is $6,400,000.

What is the total square footage of 5959 Southwest 71st Street, Miami, FL 33143?

5959 Southwest 71st Street, Miami, FL 33143 has a total of 95,728 square feet.

What is the price per square foot for this property?

$240 per square foot is the price for 5959 Southwest 71st Street, Miami, FL 33143.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 117.

Disclaimer

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