3070 SW 16 TER, Miami, FL 33145

3070 SW 16 TER, Miami, FL 33145 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1956 with 1,512 square feet of living space on a 7,200 square foot lot. The property is currently owned by ARAHY MILLAN, 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 2024-02-21 for $620,000. There are 4 recorded sales for this property. The 2025 assessed value is $527,000 with a market value of $527,000.

This breaks down to $518,400 for the land and $8,600 for the building. The assessed value increased 44% from $366,506 in 2024. 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 $510,766 recorded against this property. 3070 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 2005 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 85% of the most recent sale price. Based on the most recent sale, this property traded at $410 per square foot — a key metric for comparing value across Miami's real estate market..