Miami-Dade County  »  5959 SW 71st St

5959 Southwest 71st Street, Miami, FL 33143 Property Information

5959 Southwest 71st Street, Miami, FL 33143 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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5959 Southwest 71st Street, Miami, FL 33143
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Address

Primary address 5959 Southwest 71st Street, Miami
Zip code 33143
County Miami-Dade
Municipality South Miami
Neighborhood Rosswood - Larkin Center
Parcel ID 0940250110240

Sales & Tax Overview for 5959 Southwest 71st Street, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 07/21/2022
Sale price $4,000,758
Arm's length
Property tax $121,425

Lot & Building Information for 5959 Southwest 71st Street, Miami

Building sqft 95,728
Building class Hotel or Motel: Hotel (3921)
Acreage 0.82
Year built 1991
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
School district Miami-Dade County Public Schools

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Other Property Data for 5959 Southwest 71st Street, Miami

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About 5959 Southwest 71st Street, Miami

How many sq. ft. does 5959 Southwest 71st Street, Miami, FL 33143 have & what is the price per sq. ft?

This Hotel or Motel: Hotel (3921) located at 5959 Southwest 71st Street, Miami, FL 33143 has a total of 95,728 square feet and a current price per square foot of $240.

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

5959 Southwest 71st Street, Miami, FL 33143 was built in 1991 and has a current tax assessor's market value of $6,400,000.

How many commercial spaces does this building have?

This building has 117 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 5959 Southwest 71st Street, Miami

Create a free account to view the complete sales history for 5959 Southwest 71st Street, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
07/21/2022 $4,000,758
03/01/2005 $7,390,000
05/30/2002 $3,700,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 5959 Southwest 71st Street, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
07/21/2022 - D
07/21/2022 - R
Financing Statement Ucc
07/21/2022 - D
07/21/2022 - R
Mortgage
07/21/2022 - D
07/21/2022 - R
Deed
03/01/2005 - R Deed
05/30/2002 - R Warranty Deed
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R: Recorded date
D: Document date

Property Taxes for 5959 Southwest 71st Street, Miami

Access detailed property tax data for 5959 Southwest 71st Street, Miami, FL 33143. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $121,425
Market value $6,400,000
Assessed value $6,400,000

Assessment History for 5959 Southwest 71st Street, Miami

Here's the assessment & property tax history for 5959 Southwest 71st Street, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
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%

Miami residential market stats

Median Sale Price
$530,000
1% YoY
Median Price/Sqft
$330
-4.3% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

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Demographics By Zip Code

Total population 32,167
Median age 41
Average household income $158,728
Family households 58.1%
Occupied housing units 13,821
Owner occupied units 54.0%
Average number of people per household 2
Median year structure built 1975
Median value for units with a mortgage $834,200
Median value for units without a mortgage $695,700

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

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Neighbors for 5959 Southwest 71st Street, Miami

Here are the neighbors for 5959 Southwest 71st Street, Miami.

Address Square feet Purchase date Purchase price
6400 SW 62nd CT, Miami 1,328 12/18/2017 $114,000
6500 SW 62nd CT, Miami 1,360 01/30/2025 $10
5996 SW 70th St, Miami 30,545 12/21/2009 $3,600,000
6520 SW 62nd CT, Miami 783 10/15/2024 $720,000
7001 SW 61st Ave, Miami 1,849 04/12/2004 $435,000
7040 SW 61st Ave, Miami 12/17/2021 $7,800,000
7090 SW 61st Ave, Miami 3,870
6101 Sunset Dr, Miami 141,421 04/08/2014 $4,700,000
6075 Sunset Dr, Miami 03/18/1993 $1,300,000
6430 SW 62nd CT, Miami 1,416 03/04/2024 $965,000
6530 SW 62nd CT, Miami 1,254 04/15/2016 $10
6600 SW 62nd CT, Miami 04/29/2025 $3,400,000
7000 SW 61st Ave, Miami 35,492 12/27/2021 $9,396,224
6420 SW 62nd CT, Miami 1,140 08/13/2009 $0
7019 SW 61st Ave, Miami 1,800 05/23/2003 $808,000
5960 SW 71st St, Miami 4,204 09/29/1997 $10
6510 SW 62nd CT, Miami 1,167 10/03/2012 $10
6017 SW 62nd Ter, Miami 1,205 11/16/1995 $35,000
5995 SW 71st St, Miami 54,507 02/29/2012 $3,450,000
6410 SW 62nd CT, Miami 1,404 12/26/2002 $140,000

Nearby ZIP Codes for 5959 Southwest 71st Street, Miami

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