1950 SW 16 ST, Miami, FL 33145

1950 SW 16 ST, Miami, FL 33145 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1939 with 1,178 square feet of living space on a 5,467 square foot lot. The property is currently owned by JASMINE ACOSTA, 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 2024-09-26 for $925,000. There are 4 recorded sales for this property. The 2025 assessed value is $493,474 with a market value of $579,304.

This breaks down to $437,376 for the land and $141,928 for the building. The assessed value increased 204% from $162,272 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 $93,233, and the median home value is $627,000.

The population density is 8,262 people per square mile. There are active mortgage liens totaling $726,580 recorded against this property. 1950 SW 16 ST, 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 2004 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 53% 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 $785 per square foot — a key metric for comparing value across Miami's real estate market..