1221 SW 16 ST, Miami, FL 33145

1221 SW 16 ST, Miami, FL 33145 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1938 with 1,548 square feet of living space on a 5,750 square foot lot. The property is currently owned by LANCE E RULE ERICA M RULE, 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 2009-05-18 for $217,000, when KELLY S SPATZ sold to LANCE E RULE. The property sold for $223,000 less than the prior sale of $440,000 on 2006-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $580,116 with a market value of $752,129. This breaks down to $603,750 for the land and $148,379 for the building. The assessed value increased 10% from $527,379 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 $36,786, and the median home value is $625,600.

The population density is 11,064 people per square mile. 1221 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 2000 to 2009, with 3 recorded transactions in the public record. The current assessed value represents 267% 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 $140 per square foot — a key metric for comparing value across Miami's real estate market..