1961 SW 16 AVE, Miami, FL 33145

1961 SW 16 AVE, Miami, FL 33145 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1940 with 1,967 square feet of living space on a 5,600 square foot lot. The property is currently owned by MARINA NIKOLAEVA, 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 2018-06-07 for $540,000, when FRANKLIN FORTE sold to MARINA NIKOLAEVA. The property has appreciated $538,900 (48991%) since the prior sale of $1,100 on 2013-06-07. There are 3 recorded sales for this property.

The 2025 assessed value is $579,837 with a market value of $705,595. This breaks down to $476,000 for the land and $229,595 for the building. The assessed value increased 10% from $527,125 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 $89,459, and the median home value is $600,300.

The population density is 8,373 people per square mile. There are active mortgage liens totaling $611,450 recorded against this property. 1961 SW 16 AVE, 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 2013 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price.

Based on the most recent sale, this property traded at $275 per square foot — a key metric for comparing value across Miami's real estate market..