Miami-Dade County  »  5877 SW 123rd Ave

5877 Southwest 123rd Avenue, Miami, FL 33183 Property Information

5877 Southwest 123rd Avenue, Miami, FL 33183 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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5877 Southwest 123rd Avenue, Miami, FL 33183
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Address

Primary address 5877 Southwest 123rd Avenue, Miami
Zip code 33183
County Miami-Dade
Municipality
Neighborhood Fava Estates - the Mansion at Sunset
Parcel ID 3049250000281

Sales & Tax Overview for 5877 Southwest 123rd Avenue, Miami

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Sale date 07/31/2006
Sale price $1,000,000
Arm's length
Current property tax $12,231

Lot & Building Information for 5877 Southwest 123rd Avenue, Miami

Building sqft 3,572
Total sqft 4,772
Building class Improvement Agricultural: Residential - Single Family (5001)
Acreage 1.14
Buildings on lot 2
Year built 1972
Stories 1
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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 5877 Southwest 123rd Avenue, Miami

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  • • Improvements for 5877 Southwest 123rd Avenue, Miami , including their type, square footage, grade and when they were built.
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About 5877 Southwest 123rd Avenue, Miami

How many sq. ft. does 5877 Southwest 123rd Avenue, Miami, FL 33183 have & what is the price per sq. ft?

This Improvement Agricultural: Residential - Single Family (5001) located at 5877 Southwest 123rd Avenue, Miami, FL 33183 has a total of 3,572 square feet and a current price per square foot of $279.

What is the year built & the current market value of 5877 Southwest 123rd Avenue, Miami, FL 33183?

5877 Southwest 123rd Avenue, Miami, FL 33183 was built in 1972 and has a current tax assessor's market value of $1,271,587.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 5877 Southwest 123rd Avenue, Miami

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Purchase date Purchase price Buyer name Seller name
07/31/2006 $1,000,000
05/27/2004 $600,000
       
       
       
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Title Documents for 5877 Southwest 123rd Avenue, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
10/15/2025 - D
10/20/2025 - R
Notice of Commencement
07/31/2006 - R Warranty Deed
05/27/2004 - R Warranty Deed
12/20/1991 - R Warranty Deed
                 
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R: Recorded date
D: Document date

Property Taxes for 5877 Southwest 123rd Avenue, Miami

Access detailed property tax data for 5877 Southwest 123rd Avenue, Miami, FL 33183. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $16,202
Current property tax $12,231
Market value $1,271,587
Assessed value $754,251

Assessment History for 5877 Southwest 123rd Avenue, Miami

Here's the assessment & property tax history for 5877 Southwest 123rd Avenue, 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 $1,271,587 $754,251 16.9317 $16,202 +8.49%
2024 $1,187,404 $685,765 16.9487 $14,935 +12.83%
2023 $1,012,023 $623,505 17.0541 $13,236 +10.17%
2022 $923,925 $566,905 17.0433 $12,014 +5.41%
2021 $846,930 $515,450 17.6056 $11,398 -15.42%

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 33,527
Median age 48.1
Average household income $94,651
Family households 75.7%
Occupied housing units 12,209
Owner occupied units 67.9%
Average number of people per household 2.73
Median year structure built 1981
Median value for units with a mortgage $411,200
Median value for units without a mortgage $365,100

Risk

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

Transportation

Access the detailed traffic volume map for 5877 Southwest 123rd Avenue, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 5877 Southwest 123rd Avenue, Miami

Here are the neighbors for 5877 Southwest 123rd Avenue, Miami.

Address Square feet Purchase date Purchase price
5921 SW 123rd Ave, Miami 12,963 02/15/2024 $7,995,000
5840 SW 125th Ave, Miami 4,867 01/10/1994 $1
5705 SW 123rd Ave, Miami 06/21/2016 $10
5775 SW 123rd Ave, Miami 3,269 07/01/2025 $885,000
5800 SW 122nd Ave, Miami 5,982 01/23/2024 $10
11801 SW 64th St, Miami 1,500 04/25/2013 $925,000
5800 SW 123rd Ave, Miami 7,184 06/28/2013
5900 SW 123rd Ave, Miami 4,992 02/29/2016 $1,400,000
5600 SW 125th Ave, Miami 3,269 05/31/2007 $640,000
5925 SW 127th Ave, Miami 1,971 08/01/2022 $10
5845 SW 125th Ave, Miami 3,962 01/15/2004 $575,000
6105 SW 125th Ave, Miami 01/27/2015 $0
5703 SW 123rd Ave, Miami 02/13/2002 $140,000
12200 SW 56th St, Miami 6,355 12/28/2021 $2,500,000
5801 SW 125th Ave, Miami 1,098 01/05/2026 $10
5901 SW 125th Ave, Miami 700 05/17/2011 $750,000
5798 SW 123rd Ave, Miami 4,118 07/18/2011 $10
5895 SW 125th Ave, Miami 12/17/2021 $2,700,000
6201 SW 118th Ave, Miami 2,517 03/17/2022 $1,600,000
6377 SW 118th Ave, Miami 5,070 07/21/2005 $10

Nearby ZIP Codes for 5877 Southwest 123rd Avenue, Miami

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