1623 NW 16 TER, Miami, FL 33125

1623 NW 16 TER, Miami, FL 33125 is a 6-bedroom, 4-bathroom multifamily 2-9 units : 2 living units built in 1939 with 2,366 square feet of living space on a 6,250 square foot lot. The property is currently owned by MIAMI FINANCIAL INVESTMENTS LLC, 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 2022-06-17 for $600,000, when ANA DELGADO LE sold to MIAMI FINANCIAL INVESTMENTS LLC. There are 3 recorded sales for this property. The 2025 assessed value is $656,825 with a market value of $1,096,660.

This breaks down to $1,000,000 for the land and $96,660 for the building. The assessed value increased 10% from $597,114 in 2024. The median household income in this area is $35,363, and the median home value is $195,600.

The population density is 15,294 people per square mile. 1623 NW 16 TER, 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 1996 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price. Based on the most recent sale, this property traded at $254 per square foot — a key metric for comparing value across Miami's real estate market..