1628 NW 16 TER, Miami, FL 33125

1628 NW 16 TER, Miami, FL 33125 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1968 with 3,260 square feet of living space on a 6,250 square foot lot. The property is currently owned by ISABEL CRUZ LOPEZ LE REM ARIELLE ESTER LOPEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2019-05-09 for $75,700, when PEDRO F CRUZ sold to ISABEL CRUZ LOPEZ LE. There are 3 recorded sales for this property. The 2025 assessed value is $550,000 with a market value of $550,000.

This breaks down to $500,000 for the land and $50,000 for the building. The assessed value increased 5% from $523,209 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. There are active mortgage liens totaling $476,960 recorded against this property. 1628 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 2019, with 3 recorded transactions in the public record. The current assessed value represents 727% 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 $23 per square foot — a key metric for comparing value across Miami's real estate market..