3064 SW 16 TER, Miami, FL 33145

3064 SW 16 TER, Miami, FL 33145 is a 5-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1968 with 2,075 square feet of living space on a 7,200 square foot lot. The property is currently owned by MARIO M OBESO TRS MARIOM OBESO REV TRUST, recorded as of 2026-06-28. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-10-16 for $950,000. There are 6 recorded sales for this property. The 2025 assessed value is $448,979 with a market value of $719,881.

This breaks down to $518,400 for the land and $201,481 for the building. The assessed value increased 8% from $414,051 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. There are active mortgage liens totaling $306,635 recorded against this property. 3064 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 2021 to 2025, with 6 recorded transactions in the public record. The current assessed value represents 47% 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 $458 per square foot — a key metric for comparing value across Miami's real estate market..