Miami-Dade County  »  33137  »  Biscayne Blvd  »  5940 Biscayne Blvd

5940 Biscayne Boulevard, Miami, FL 33137 Property Information

5940 Biscayne Boulevard, Miami, FL 33137 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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5940 Biscayne Boulevard, Miami, FL 33137
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Address

Primary address 5940 Biscayne Boulevard, Miami
Zip code 33137
County Miami-Dade
Municipality Miami
Neighborhood Upper East Side
Parcel ID 0132180310260

Sales & Tax Overview for 5940 Biscayne Boulevard, Miami

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

Sale date 05/04/2021
Sale price $4,500,000
Arm's length
Property tax $93,741

Lot & Building Information for 5940 Biscayne Boulevard, Miami

Building sqft 18,079
Building class Hotel or Motel: Motel (3922)
Acreage 0.628
Year built 1955
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 5940 Biscayne Boulevard, Miami

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  • • Improvements for 5940 Biscayne Boulevard, Miami , including their type, square footage, grade and when they were built.
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About 5940 Biscayne Boulevard, Miami

How many sq. ft. does 5940 Biscayne Boulevard, Miami, FL 33137 have & what is the price per sq. ft?

This Hotel or Motel: Motel (3922) located at 5940 Biscayne Boulevard, Miami, FL 33137 has a total of 18,079 square feet and a current price per square foot of $248.

What is the year built & the current market value of 5940 Biscayne Boulevard, Miami, FL 33137?

5940 Biscayne Boulevard, Miami, FL 33137 was built in 1955 and has a current tax assessor's market value of $4,843,457.

How many commercial spaces does this building have?

This building has 50 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 5940 Biscayne Boulevard, Miami

Create a free account to view the complete sales history for 5940 Biscayne Boulevard, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
05/04/2021 $4,500,000
10/17/2011 $10
04/04/1997 $10
       
       
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*Here are the three most recent sales for this property.


Title Documents for 5940 Biscayne Boulevard, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
10/08/2021 - D
10/15/2021 - R
Notice of Commencement
05/04/2021 - D
05/11/2021 - R
Deed
04/05/2018 - D
04/05/2018 - R
Notice of Commencement
10/17/2011 - D
10/17/2011 - R
Deed
04/04/1997 - R Warranty Deed
02/25/1992 - R Quit Claim Deed
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R: Recorded date
D: Document date

Property Taxes for 5940 Biscayne Boulevard, Miami

Access detailed property tax data for 5940 Biscayne Boulevard, Miami, FL 33137. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $93,741
Market value $4,843,457
Assessed value $4,613,616

Assessment History for 5940 Biscayne Boulevard, Miami

Here's the assessment & property tax history for 5940 Biscayne Boulevard, 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
2025 $4,843,457 $4,613,616 19.9878 $93,741 +11.57%
2024 $4,194,197 $4,194,197 20.0332 $84,023 -1.61%
2023 $4,154,516 $4,154,516 20.5564 $85,402 -0.29%
2022 $4,154,629 $4,154,629 20.6152 $85,649 +11.41%
2021 $4,049,443 $3,406,122 21.2466 $76,878 -10.86%

Miami residential market stats

Median Sale Price
$519,900
-1% YoY
Median Price/Sqft
$333
1.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

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Demographics by Zip Code

Total population 29,414
Median age 34.9
Average household income $143,185
Family households 49.4%
Occupied housing units 13,407
Owner occupied units 28.2%
Average number of people per household 2.15
Median year structure built 2008
Median value for units with a mortgage $647,800
Median value for units without a mortgage $529,100

Risk

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

Transportation

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Neighbors for 5940 Biscayne Boulevard, Miami

Here are the neighbors for 5940 Biscayne Boulevard, Miami.

Address Square feet Purchase date Purchase price
5963 Biscayne Blvd, Miami 2,747 07/20/2023 $10
5964 NE 5th CT, Miami 1,612 04/13/2022 $1,175,000
5941 Biscayne Blvd, Miami 05/30/2024 $550,000
5999 Biscayne Blvd, Miami 7,392 03/11/2019 $10
5950 Biscayne Blvd, Miami 6,240 01/25/2021 $10
549 NE 59th St, Miami 3,013 03/25/2026 $6,150,000
5945 NE 5th Ave, Miami 1,895 03/11/2003 $125,000
5935 NE 5th Ave, Miami 2,082 06/29/2015 $250,000
547 NE 59th St, Miami 3,094 12/30/2022 $10
5943 Biscayne Blvd, Miami 3,225 05/30/2024 $3,000,000
5966 NE 6th Ave, Miami 2,168 05/24/2021 $1,412,500
5984 NE 5th CT, Miami 1,611 02/25/2013 $230,000
5907 NE 5th Ave, Miami 11/04/2024 $3,800,000
5944 NE 6th Ave, Miami 2,942 03/27/2023 $1,650,000
5965 NE 5th Ave, Miami 2,668 05/01/2002 $127,000
5927 NE 5th Ave, Miami 1,588 08/10/2022 $10
5900 Biscayne Blvd, Miami 11/04/2024 $3,800,000
545 NE 59th St, Miami 3,347 12/10/2013 $1,035,000
5955 NE 5th Ave, Miami 2,192
5917 NE 5th Ave, Miami 1,726 03/27/2026 $1,300,000

Nearby ZIP Codes for 5940 Biscayne Boulevard, Miami

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