2487 SW 16 TER, Miami, FL 33145

2487 SW 16 TER, Miami, FL 33145 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1975 with 1,598 square feet of living space on a 3,625 square foot lot. The property is currently owned by FELIX CRUZ ALVAREZ LE XIOMARA CRUZ ALVAREZ LE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-02-22 for $100, when FELIZ CRUZ ALVAREZ sold to FELIX CRUZ ALVAREZ LE. There are 3 recorded sales for this property. The 2025 assessed value is $128,235 with a market value of $419,174.

This breaks down to $297,250 for the land and $121,924 for the building. The assessed value increased 3% from $124,621 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 $70,563, and the median home value is $496,700.

The population density is 13,313 people per square mile. 2487 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 1976 to 2021, with 3 recorded transactions in the public record..