2628 SW 16 TER, Miami, FL 33145

2628 SW 16 TER, Miami, FL 33145 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1927 with 1,272 square feet of living space on a 3,753 square foot lot. The property is currently owned by KEA INVESTMENT LLC, 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 2015-10-30 for $153,000, when GEORGE T SIMPSON TRS sold to KEA INVESTMENT LLC. The property has appreciated $152,900 (152900%) since the prior sale of $100 on 2014-04-25. The 2025 assessed value is $352,018 with a market value of $445,737.

This breaks down to $422,608 for the land and $23,129 for the building. The assessed value increased 10% from $320,017 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.

2628 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 2014 to 2015, with 2 recorded transactions in the public record.

The current assessed value represents 230% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $120 per square foot — a key metric for comparing value across Miami's real estate market..