2431 SW 16 TER, Miami, FL 33145
Parcel: 0141100021491 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$333,756
Property Details
Beds
3
Baths
2
Living Sqft
1,512
Year Built
1925
Lot Sqft
7,250
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$116,100
2013-01-31
KEILAN M FIFE → FEDERAL NATIONAL MORTGAGE ASSN
2
$190,000+64%
2014-05-12
FEDERAL NATIONAL MORTGAGE ASSN → MILTON CAROL
3
$100non-market transfer
2021-07-28
MILTON CAROL → JOHANNA M CHAVEZ
Tax Assessment History
$333,756
Assessed (2025)
$645,724
Market Value
$333,756
Taxable Value
$6,795
Annual Tax
2024
$303,415
$559,999
2025
$333,756
$645,724
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $333,756 | $645,724 | $333,756 | $6,795 | $535,050 | $110,674 |
| 2024 | $303,415 | $559,999 | $303,415 | $6,177 | $449,257 | $110,742 |
About 2431 SW 16 TER, Miami, FL 33145
2431 SW 16 TER, Miami, FL 33145 is a 3-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1925 with 1,512 square feet of living space on a 7,250 square foot lot. The property is currently owned by JOHANNA M CHAVEZ, 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 2021-07-28 for $100, when MILTON CAROL sold to JOHANNA M CHAVEZ. The property sold for $189,900 less than the prior sale of $190,000 on 2014-05-12. There are 3 recorded sales for this property.
The 2025 assessed value is $333,756 with a market value of $645,724. This breaks down to $535,050 for the land and $110,674 for the building. The assessed value increased 10% from $303,415 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 $70,563, and the median home value is $496,700.
The population density is 13,313 people per square mile. 2431 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 2013 to 2021, with 3 recorded transactions in the public record..
Current Owner
JOHANNA M CHAVEZ
2400 SW 26 LN, MIAMI, FL, 33133
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$4,405 — $8,142
Flood $400 — $800
Property/Wind $4,005 — $7,342
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$70,563
Median Home Value$496,700
Pop. Density13,313/sq mi
Neighborhood 33145
47.6%
Owner-Occ
52.4%
Investor
211
Flips (4yr)
5,655
New Biz (3yr)
Distress Risk
MODERATE
29
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