1918 SW 16 TER, Miami, FL 33145

1918 SW 16 TER, Miami, FL 33145 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1939 with 1,224 square feet of living space on a 5,800 square foot lot. The property is currently owned by LEONARDO HERNANDEZ JOANELLE HERNANDEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-01-15 for $540,000, when GRUPO MRE INVESTMENTS LLC sold to LEONARDO HERNANDEZ. The property has appreciated $213,000 (65%) since the prior sale of $327,000 on 2019-05-29. There are 3 recorded sales for this property.

The 2025 assessed value is $596,344 with a market value of $604,969. This breaks down to $464,000 for the land and $140,969 for the building. The assessed value increased 10% from $542,131 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 $93,233, and the median home value is $627,000.

The population density is 8,262 people per square mile. 1918 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 2019 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 110% of the most recent sale price. Based on the most recent sale, this property traded at $441 per square foot — a key metric for comparing value across Miami's real estate market..