2244 SW 16 TER, Miami, FL 33145

Parcel: 0141100270640 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$404,624

Property Details

Beds
3
Baths
1
Living Sqft
2,573
Year Built
1939
Lot Sqft
5,450
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1994-03-01
2
N/Anon-market transfer
2021-04-05
JOSE ALFONSO BUSTO RAMAMARIA ANTONIA BUSTO
3
$599,000
2021-06-25
MARIA ANTONIA BUSTOLILI TORRES
4
$599,000
2021-07-12

Tax Assessment History

$404,624
Assessed (2025)
$712,314
Market Value
$353,902
Taxable Value
$7,205
Annual Tax
2024
$385,148
$623,856
2025
$404,624
$712,314
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $404,624 $712,314 $353,902 $7,205
2024 $385,148 $623,856 $335,148 $6,823

About 2244 SW 16 TER, Miami, FL 33145

2244 SW 16 TER, Miami, FL 33145 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1939 with 2,573 square feet of living space on a 5,450 square foot lot. The property is currently owned by LILI TORRES, 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 2021-07-12 for $599,000. There are 4 recorded sales for this property. The 2025 assessed value is $404,624 with a market value of $712,314.

This breaks down to $436,000 for the land and $276,314 for the building. The assessed value increased 5% from $385,148 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. 2244 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 1994 to 2021, with 4 recorded transactions in the public record. The current assessed value represents 68% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $233 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

LILI TORRES
2244 SW 16 TER, MIAMI, FL, 33145
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$5,255 — $9,701
Flood $400 — $800
Property/Wind $4,855 — $8,901

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
View full risk analysis →
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