3221 SW 16 TER, Miami, FL 33145

3221 SW 16 TER, Miami, FL 33145 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1949 with 3,448 square feet of living space on a 16,255 square foot lot. The property is currently owned by OMAR CARABALLO NORKIS CARABALLO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-08-30 for $740,000, when SHERMAN 150 LLC sold to OMAR CARABALLO. The property has appreciated $739,900 (739900%) since the prior sale of $100 on 2017-08-25. There are 3 recorded sales for this property.

The 2025 assessed value is $843,614 with a market value of $1,307,800. This breaks down to $1,040,320 for the land and $267,480 for the building. The assessed value increased 3% from $819,839 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $77,772, and the median home value is $545,400. The population density is 10,553 people per square mile. 3221 SW 16 TER, Miami, FL 33145 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 2016 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 114% of the most recent sale price.

Based on the most recent sale, this property traded at $215 per square foot — a key metric for comparing value across Miami's real estate market..