2415 NW 16 STREET RD 502-1, Miami, FL 33125

Parcel: 0131341210090 · Residential · Condominium - Residential · Zoning: 6107

Assessed Value (2025)
$196,102

Property Details

Beds
1
Baths
2
Living Sqft
880
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2010-03-15
OLIVA MORETAHSBC BANK USA NATL ASSN TRS
2
$71,500
2011-08-31
HSBC BANK USA NATL ASSN TRSJORGE L PAEZ JR
3
$157,000+120%
2018-01-09
JORGE L PAEZ JRHONG YEE LEE

Tax Assessment History

$196,102
Assessed (2025)
$203,549
Market Value
$196,102
Taxable Value
$3,992
Annual Tax
2024
$178,275
$223,680
2025
$196,102
$203,549
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $196,102 $203,549 $196,102 $3,992
2024 $178,275 $223,680 $178,275 $3,630

About 2415 NW 16 STREET RD 502-1, Miami, FL 33125

2415 NW 16 STREET RD 502-1, Miami, FL 33125 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 880 square feet of living space. The property is currently owned by HONG YEE LEE, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-01-09 for $157,000, when JORGE L PAEZ JR sold to HONG YEE LEE . The property has appreciated $85,500 (120%) since the prior sale of $71,500 on 2011-08-31. There are 3 recorded sales for this property.

The 2025 assessed value is $196,102 with a market value of $203,549. The assessed value increased 10% from $178,275 in 2024. The median household income in this area is $34,233, and the median home value is $225,500.

The population density is 17,433 people per square mile. 2415 NW 16 STREET RD 502-1, Miami, FL 33125 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2010 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 125% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $178 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

HONG YEE LEE
5929 SW 16TH TER, MIAMI, FL, 33155-2112
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$34,233
Median Home Value$225,500
Pop. Density17,433/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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