2207 SW 16 TER, Miami, FL 33145

2207 SW 16 TER, Miami, FL 33145 is a 3-bedroom, 3-bathroom multifamily 2-9 units : 2 living units built in 1925 with 2,390 square feet of living space on a 5,450 square foot lot. The property is currently owned by DANIEL SANCHEZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-05-02 for $100,000. There are 5 recorded sales for this property. The 2025 assessed value is $630,101 with a market value of $630,101.

This breaks down to $436,000 for the land and $194,101 for the building. The assessed value increased 10% from $572,738 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.

There are active mortgage liens totaling $494,070 recorded against this property. 2207 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 2022 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 630% 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 $42 per square foot — a key metric for comparing value across Miami's real estate market..