- Assessed Value: $347,758
- Assessed Year: 2025
- Assessed County: Miami-Dade
- APN: 30-4019-005-3020
- Market Land Value: 315000
- Tax Amount: 6613.06
- Tax Year: 2024
- Market Value: 408368
- Market Year: 2025
5240 Sw 116th Ave; Miami, FL Property Details
Off market
5240 SW 116th Ave Miami, FL 33165
$172,000 Listing Price
2 Beds
1 Baths
726 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 1956
- Purchase Price: $172,000
- Est. Equity / %: $526,000 / 100%
- Gross Yield: 7.469%
- APN: 30-4019-005-3020
- Situs County: Miami-Dade
- Length Of Ownership: 12 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Building Style: Concrete Block
- Stories: 1
- Building Quality: D
Measurements
- Total: 726/SqFt
- Lot: 7,500/SqFt
- Gross: 786/SqFt
- Living: 726/SqFt
- Building: 786/SqFt
- Ground: 726/SqFt
- Price Per Square Foot: $236.91
Legal Description
- Description: WESTWOOD LAKE 4TH ADD PB 65-16 LOT 7 BLK 66 LOT SIZE 75.000 X 100 OR 14734-1917 0990 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: 25.718012 / -80.38198
- Subdivision: Westwood Lake 4th Add
- Property Class: Residential
- Zoning: 0100
- County Use Code: 0101
Amenities
- Plus Four: 6826
HOA
- H O A One Type: Planned Unit Development
Ownership Info
5240 SW 116th Ave has no associated ownership info
5240 SW 116th Ave has no associated ownership info.
Taxes
5240 SW 116th Ave has 9 associated Taxes items
5240 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 $347,758. The APN we've located for 5240 Sw 116th Ave is 30-4019-005-3020.
Unlock the full reportTaxes
Tax History
5240 SW 116th Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $347,758 | Land Value | Improvement Value | Tax Amount $7,031.72 | Change Rate +0.063308% | Assessed CR | Tax Rate +0.02022% |
| Year 2024 | Assessed Value $316,144 | Land Value | Improvement Value | Tax Amount $6,613.06 | Change Rate +0.137633% | Assessed CR | Tax Rate +0.020918% |
| Year 2023 | Assessed Value $287,404 | Land Value | Improvement Value | Tax Amount $5,813 | Change Rate +0.136153% | Assessed CR | Tax Rate +0.020226% |
| Year 2022 | Assessed Value $261,277 | Land Value | Improvement Value | Tax Amount $5,116.39 | Change Rate +0.089495% | Assessed CR | Tax Rate +0.019582% |
| Year 2021 | Assessed Value $237,525 | Land Value $172,500 | Improvement Value $65,025 | Tax Amount $4,696.11 | Change Rate +0.009332% | Assessed CR | Tax Rate +0.019771% |
| Year 2020 | Assessed Value $234,373 | Land Value $180,000 | Improvement Value $54,373 | Tax Amount $4,652.69 | Change Rate +0.04174% | Assessed CR | Tax Rate +0.019852% |
| Year 2019 | Assessed Value $235,060 | Land Value $180,000 | Improvement Value $55,060 | Tax Amount $4,466.27 | Change Rate +0.102184% | Assessed CR | Tax Rate +0.019001% |
| Year 2018 | Assessed Value $220,748 | Land Value $165,000 | Improvement Value $55,748 | Tax Amount $4,052.2 | Change Rate +0.079645% | Assessed CR | Tax Rate +0.018357% |
| Year 2017 | Assessed Value $177,834 | Land Value | Improvement Value | Tax Amount $3,753.27 | Change Rate +0.07918% | Assessed CR | Tax Rate +0.021105% |
| Year 2016 | Assessed Value $161,668 | Land Value | Improvement Value | Tax Amount $3,477.89 | Change Rate +0.082966% | Assessed CR | Tax Rate +0.021513% |
| Year 2015 | Assessed Value $146,971 | Land Value | Improvement Value | Tax Amount $3,211.45 | Change Rate | Assessed CR | Tax Rate +0.021851% |
| Year 2014 | Assessed Value $133,610 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |