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4940 Sw 116th Ave; Miami, FL Property Details

4940 Sw 116th Ave, Miami, FL is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 4940 Sw 116th Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,546 square feet. The lot size of 4940 Sw 116th Ave is 7,500 square feet.

Off market
4940 SW 116th Ave Miami, FL 33165
$350,000 Listing Price
3 Beds
2 Baths
1,546 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1957
  • Purchase Price: $265,000
  • Open Loans / Balance: 2 / $259,109
  • Est. Equity / %: $450,891 / 63.51%
  • Gross Yield: 6.718%
  • APN: 30-4019-005-0360
  • Situs County: Miami-Dade
  • Length Of Ownership: 21 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Exterior Wall Type: Combination
  • Building Quality: D

Measurements

  • Total: 1,546/SqFt
  • Lot: 7,500/SqFt
  • Gross: 1,642/SqFt
  • Living: 1,546/SqFt
  • Building: 1,642/SqFt
  • Ground: 1,546/SqFt
  • Price Per Square Foot: $171.41

Legal Description

  • Description: WESTWOOD LAKE 4TH ADD PB 65-16 LOT 36 BLK 55 LOT SIZE 75.000 X 100 OR 18666-2200 0699 1 COC 22922-3248 11 2004 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Dade County School District
  • Lat / Lon: 25.720348 / -80.38211
  • Subdivision: Westwood Lake 4th Add
  • Property Class: Residential
  • Zoning: 0100
  • County Use Code: 0101

Amenities

  • Plus Four: 6026

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

4940 SW 116th Ave has no associated ownership info
4940 SW 116th Ave has no associated ownership info.

Taxes

4940 SW 116th Ave has 9 associated Taxes items

4940 Sw 116th Ave, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $410,010. The APN we've located for 4940 Sw 116th Ave is 30-4019-005-0360.

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Taxes
  • Assessed Value:  $410,010
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  30-4019-005-0360
  • Market Land Value:  315000
  • Tax Amount:  7626.81
  • Tax Year:  2024
  • Market Value:  473850
  • Market Year:  2025

Tax History

4940 SW 116th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $410,010 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $372,737 Land Value Improvement Value Tax Amount $7,626.81 Change Rate +0.125537% Assessed CR Tax Rate +0.020462%
Year 2023 Assessed Value $338,852 Land Value Improvement Value Tax Amount $6,776.15 Change Rate +0.124747% Assessed CR Tax Rate +0.019997%
Year 2022 Assessed Value $308,048 Land Value Improvement Value Tax Amount $6,024.6 Change Rate +0.106513% Assessed CR Tax Rate +0.019557%
Year 2021 Assessed Value $280,044 Land Value $172,500 Improvement Value $107,544 Tax Amount $5,444.67 Change Rate +0.05185% Assessed CR Tax Rate +0.019442%
Year 2020 Assessed Value $269,646 Land Value $180,000 Improvement Value $89,646 Tax Amount $5,176.28 Change Rate +0.057886% Assessed CR Tax Rate +0.019197%
Year 2019 Assessed Value $262,945 Land Value $180,000 Improvement Value $82,945 Tax Amount $4,893.04 Change Rate +0.101118% Assessed CR Tax Rate +0.018609%
Year 2018 Assessed Value $248,261 Land Value $165,000 Improvement Value $83,261 Tax Amount $4,443.7 Change Rate +0.075894% Assessed CR Tax Rate +0.017899%
Year 2017 Assessed Value $195,638 Land Value Improvement Value Tax Amount $4,130.24 Change Rate +0.074263% Assessed CR Tax Rate +0.021112%
Year 2016 Assessed Value $177,853 Land Value Improvement Value Tax Amount $3,844.72 Change Rate +0.07678% Assessed CR Tax Rate +0.021617%
Year 2015 Assessed Value $161,685 Land Value Improvement Value Tax Amount $3,570.57 Change Rate +0.074531% Assessed CR Tax Rate +0.022083%
Year 2014 Assessed Value $146,987 Land Value Improvement Value Tax Amount $3,322.91 Change Rate Assessed CR Tax Rate +0.022607%