1607 NW 16 AVE, Miami, FL 33125

1607 NW 16 AVE, Miami, FL 33125 is a 8-bedroom, 8-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1970 with 6,112 square feet of living space on a 10,500 square foot lot. The property is currently owned by CREONE 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 2026-01-02 for $1,980,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,293,475 with a market value of $1,321,920.

This breaks down to $840,000 for the land and $481,920 for the building. The assessed value increased 10% from $1,175,887 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 $1,375,000 recorded against this property. 1607 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 1980 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 65% 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 $324 per square foot — a key metric for comparing value across Miami's real estate market..