Miami-Dade County  »  33144  »  SW 5th Ter  »  5974 SW 5th Ter

5974 Southwest 5th Terrace, Miami, FL 33144 - Property report

Also known as: 5974 SW 5th Ter

Property image for 5974 Southwest 5th Terrace, Miami, FL 33144
static Mapbox map

Property type

Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)

Year built

1925

Acreage

0.265

Sale price

$2,999,000

General information

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Address
Primary address
5974 Southwest 5th Terrace
ZIP code
33144
County
Miami-Dade
Municipality
01
Neighborhood
014001006
Parcel ID
0140010060190
Qualifier

Owner

Find out who owns 5974 Southwest 5th Terrace, Miami, FL 33144. Uncover corporate and individual owners with a free account.

Sales
Sale date
07/17/2024
Sale price
$2,999,000
Arm's length
Tax
Tax year
2025
Current property tax
$45,972
Building
Property type
Multifamily 10 Units Plus: Multifamily 3 or More Units (0303)
Building sq. ft.
3,492
Buildings on lot
1
Stories
2
Year built
1925
Lot
Total sq. ft.
3,492
Acreage
0.265
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
87 /100.  Very Walkable
Transit score
46 /100.  Some Transit
Bike score
51 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 5974 Southwest 5th Terrace, Miami, FL

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

Sales history for 5974 Southwest 5th Terrace, Miami, FL 33144

Sale date Sale price Buyer name Seller name
07/17/2024 $2,999,000 X XXXXXX XXXXXXXXXXX XXX XXXX XXXXXXX XXXXXXXX XXX
07/13/2023 $10 XXXX XXXXXXX XXXXXXXX XXX XXXXXX XXXXX
05/23/2023 $1,000,000 XXXXXX XXXXX XXXX XXXXXXXX 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 #
02/03/2026 - R
01/29/2026 - D
Mortgage, Assignment of Leases and Rents, Security Agreement, Financing Statement and Fixture Filing X XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXX
12/05/2025 - R
12/01/2025 - D
Release XXXXX XXXX XX X XXXXXX XXXXXXXXXXX XXX
07/22/2024 - R
07/17/2024 - D
Deed XXXX XXXXXXX XXXXXXXX XXX X XXXXXX XXXXXXXXXXX XXX
07/20/2023 - R
07/13/2023 - D
Mortgage XXXX XXXXXXX XXXXXXXX XXX XXXXXXXXX XXXXXXX
07/20/2023 - R
07/13/2023 - D
Quit Claim Deed XXXXXX XXXXX XXXX XXXXXXX XXXXXXXX XXX
05/30/2023 - R
05/23/2023 - D
Affidavit XXXX XXXXXXXX XXX
05/30/2023 - R
05/23/2023 - D
Power of Attorney XXXX XXXXXXXX XXX XXXXXX XXXXXXXX
05/30/2023 - R
05/23/2023 - D
Deed XXXX XXXXXXXX XXX XXXXXX XXXXX
12/21/2015 - D
12/21/2015 - R
Deed XX XXXXXXXX XXX XXXX XXXXXXXX XXX
09/23/2011 - D
09/23/2011 - R
Deed XXXXXX XXXX, XXXXX X &X XX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5974 Southwest 5th Terrace, 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
$45,972
Recent tax assessments
Market value
$2,300,000
Land value
$518,400
Building value
$1,781,600
Assessed value
$2,300,000

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 $2,300,000 $2,300,000 19.9878 $45,972 +75.17%
2024 $1,310,000 $1,310,000 20.0332 $26,243 +40.97%
2023 $980,000 $869,675 20.5564 $18,616 +6.50%
2022 $970,000 $790,614 20.6152 $17,481 +5.68%
2021 $900,000 $718,740 21.2466 $16,541 -11.54%
2020 $878,000 $653,400 21.2981 $18,700 -0.23%
2019 $878,000 $594,000 21.3464 $18,742 +23.93%
2018 $722,000 $577,500 20.9454 $15,123 +35.97%
2017 $525,000 $525,000 21.1842 $11,122 +1.91%
2016 $500,000 $500,000 21.8256 $10,913 +63.60%

Permit information for 5974 Southwest 5th Terrace, Miami, FL

No recently recorded permits for this property.

Miami residential market stats

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

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

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

Demographics by ZIP code

Total population
25,909
Median age
46.2
Average household income
$86,441
Family households
73.7%
People per household (average)
2.82
Occupied housing units
9,068
Owner-occupied units
52.6%
Median year structure built
1962
Median value mortgaged units
$499,600
Median value unmortgaged units
$452,800

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 5974 Southwest 5th Terrace, Miami, FL 33144 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 5974 Southwest 5th Terrace, Miami, FL 33144?

The development at 5974 Southwest 5th Terrace, Miami, FL 33144 was built in 1925.

What is the total square footage of 5974 Southwest 5th Terrace, Miami, FL 33144?

5974 Southwest 5th Terrace, Miami, FL 33144 has a total of 3,492 square feet.

When was 5974 Southwest 5th Terrace, Miami, FL 33144 last sold and what was the sale price?

5974 Southwest 5th Terrace, Miami, FL 33144 was last sold on 07/17/2024 for $2,999,000.

What is the assessed value of 5974 Southwest 5th Terrace, Miami, FL 33144?

5974 Southwest 5th Terrace, Miami, FL 33144 is currently assessed at $2,300,000.

What are the property taxes for 5974 Southwest 5th Terrace, Miami, FL 33144?

The property taxes for 5974 Southwest 5th Terrace, Miami, FL 33144 total $45,971.

How many residential units does this building have?

This building has 12 residential unit(s).

Disclaimer

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