1370 NW 16 ST, Miami, FL 33125
Parcel: 0131350240170 · Professional Service Bldg · Office Building · Zoning: 9600
Assessed Value (2025)
$744,230
Property Details
Living Sqft
1,940
Year Built
1949
Lot Sqft
7,503
Stories
2
PROFESSIONAL SERVICE BLDG : OFFICE BUILDING
Sales History
1
$160,000
1997-11-01
2
$860,000+438%
2021-10-07
MGA SERVICES COMPANY → PAPITA LLC
3
$1,170,000+36%
2022-07-29
PAPITA LLC → GAMLA CEDRON HD LLC
4
$1,170,000
2022-08-03
Tax Assessment History
$744,230
Assessed (2025)
$744,230
Market Value
$744,230
Taxable Value
$15,152
Annual Tax
2024
$744,230
2025
$744,230
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $744,230 | $744,230 | $744,230 | $15,152 | $734,230 | $10,000 |
| 2024 | $744,230 | $744,230 | $744,230 | $15,152 | $600,240 | $143,990 |
About 1370 NW 16 ST, Miami, FL 33125
1370 NW 16 ST, Miami, FL 33125 is a professional service bldg : office building built in 1949 with 1,940 square feet of living space on a 7,503 square foot lot. The property is currently owned by GAMLA CEDRON HD 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 2022-08-03 for $1,170,000. There are 4 recorded sales for this property. The 2025 assessed value is $744,230 with a market value of $744,230.
This breaks down to $734,230 for the land and $10,000 for the building. 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 $260,000 recorded against this property. 1370 NW 16 ST, 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 1997 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 64% 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 $603 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
GAMLA CEDRON HD LLC
1408 SE 17TH AVE STE B, CAPE CORAL, FL, 33990-3801
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$9,330 — $17,173
Flood $400 — $800
Property/Wind $8,930 — $16,373
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$35,363
Median Home Value$195,600
Pop. Density15,294/sq mi
Neighborhood 33125
39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
32
Mortgages
ACTIVE
$260,000
VELOCITY COMMERCIAL CAPITAL LLC · 2021-10-19
Est. Total Balance $260,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales