220 NW 16 TER, Miami, FL 33136

220 NW 16 TER, Miami, FL 33136 is a 10-bedroom, 10-bathroom multifamily 10 units plus : multifamily 3 or more units built in 1964 with 6,704 square feet of living space on a 10,500 square foot lot. The property is currently owned by 220 NW 16 TERRACE 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 2024-05-15 for $1,850,000. There are 4 recorded sales for this property. The 2025 assessed value is $1,500,000 with a market value of $1,500,000.

This breaks down to $1,050,000 for the land and $450,000 for the building. The assessed value increased 141% from $622,578 in 2024. The median household income in this area is $41,968, and the median home value is $274,500.

The population density is 13,376 people per square mile. 220 NW 16 TER, Miami, FL 33136 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 1995 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $276 per square foot — a key metric for comparing value across Miami's real estate market..