2975 SW 16 TER 2, Miami, FL 33145
Parcel: 0141100022054 · Residential - Single Family · 1 Unit · Zoning: 5700
Assessed Value (2025)
$109,157
Property Details
Beds
1
Baths
1
Living Sqft
592
Year Built
1925
Lot Sqft
958
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$118,600
2021-05-04
WELLS FARGO BANK N A TRS → SURENDER REDDY SAMA
2
$100non-market transfer
2026-02-05
3
N/A
2026-02-24
Tax Assessment History
$109,157
Assessed (2025)
$123,062
Market Value
$109,157
Taxable Value
$2,222
Annual Tax
2024
$99,234
$104,035
2025
$109,157
$123,062
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $109,157 | $123,062 | $109,157 | $2,222 | $78,556 | $44,506 |
| 2024 | $99,234 | $104,035 | $99,234 | $2,020 | $59,396 | $44,639 |
About 2975 SW 16 TER 2, Miami, FL 33145
2975 SW 16 TER 2, Miami, FL 33145 is a 1-bedroom, 1-bathroom residential - single family : 1 unit built in 1925 with 592 square feet of living space on a 958 square foot lot. The property is currently owned by SURENDER REDDY SAMA SAM CLOUD CORPORATION, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 3 recorded sales for this property. The 2025 assessed value is $109,157 with a market value of $123,062. This breaks down to $78,556 for the land and $44,506 for the building.
The assessed value increased 10% from $99,234 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. 2975 SW 16 TER 2, 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 2026, with 3 recorded transactions in the public record..
Current Owner
SURENDER REDDY SAMA SAM CLOUD CORPORATION
3700 NW 91 AVE, HOLLYWOOD, FL, 33024
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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$77,772
Median Home Value$545,400
Pop. Density10,553/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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