318 SW 16 AVE, Miami, FL 33135
Parcel: 0141020063000 · Residential - Single Family · 1 Unit · Zoning: 3901
Assessed Value (2025)
$533,764
Property Details
Beds
3
Baths
1
Living Sqft
1,356
Year Built
1923
Lot Sqft
5,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$100non-market transfer
2020-08-10
REINALDO MEJIAS JTRS → ROSA MARIA HERVIS
2
$500,000
2021-11-12
ROSA MARIA HERVIS → PDPIII LLC
3
$750,000+50%
2025-07-28
PDPIII LLC → SILVA SUNSHINE PROPERTIES LLC
4
$750,000
2025-08-04
Tax Assessment History
$533,764
Assessed (2025)
$621,697
Market Value
$533,764
Taxable Value
$10,867
Annual Tax
2024
$485,240
$599,728
2025
$533,764
$621,697
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $533,764 | $621,697 | $533,764 | $10,867 | $375,000 | $246,697 |
| 2024 | $485,240 | $599,728 | $485,240 | $9,879 | $350,000 | $249,728 |
About 318 SW 16 AVE, Miami, FL 33135
318 SW 16 AVE, Miami, FL 33135 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1923 with 1,356 square feet of living space on a 5,000 square foot lot. The property is currently owned by SILVA SUNSHINE PROPERTIES 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 2025-08-04 for $750,000. There are 4 recorded sales for this property. The 2025 assessed value is $533,764 with a market value of $621,697.
This breaks down to $375,000 for the land and $246,697 for the building. The assessed value increased 10% from $485,240 in 2024. The median household income in this area is $36,408, and the median home value is $-666,666,666.
The population density is 26,621 people per square mile. There are active mortgage liens totaling $594,950 recorded against this property. 318 SW 16 AVE, Miami, FL 33135 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 2020 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 71% of the most recent sale price.
Based on the most recent sale, this property traded at $553 per square foot — a key metric for comparing value across Miami's real estate market..
Current Owner
SILVA SUNSHINE PROPERTIES LLC
690 SW 1 CT 251, MIAMI, FL, 33130
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$6,805 — $12,542
Flood $400 — $800
Property/Wind $6,405 — $11,742
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$36,408
Median Home Value$-666,666,666
Pop. Density26,621/sq mi
Neighborhood 33135
31.9%
Owner-Occ
68.1%
Investor
123
Flips (4yr)
4,940
New Biz (3yr)
Distress Risk
ELEVATED
41
Mortgages
ACTIVE
$600,000
A&D MORTGAGE LLC · 2025-08-04
1 satisfied mortgage
SATISFIED 2021-12-07
$400,000
HOMEXPRESS MORTGAGE CORP
Est. Total Balance $594,950
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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