1600 NW 16 AVE, Miami, FL 33125

1600 NW 16 AVE, Miami, FL 33125 is a 4-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1971 with 3,920 square feet of living space on a 6,400 square foot lot. The property is currently owned by PRS REAL ESTATE HOLDINGS 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 2023-07-18 for $1,225,000, when CAS PROPERTIES INC sold to PRS REAL ESTATE HOLDINGS LLC. The property has appreciated $205,000 (20%) since the prior sale of $1,020,000 on 2021-12-03. There are 4 recorded sales for this property.

The 2025 assessed value is $761,720 with a market value of $779,620. This breaks down to $512,000 for the land and $267,620 for the building. The assessed value increased 10% from $692,473 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. 1600 NW 16 AVE, 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 2014 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 62% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $313 per square foot — a key metric for comparing value across Miami's real estate market..