1234 SW 16 ST, Miami, FL 33145

1234 SW 16 ST, Miami, FL 33145 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1936 with 1,862 square feet of living space on a 7,705 square foot lot. The property is currently owned by TIMOTHY K BARKET VIVIEN BARKET, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-03-15 for $425,000, when JORGE I MANTILLA EST OF sold to TIMOTHY K BARKET. The property has appreciated $302,000 (246%) since the prior sale of $123,000 on 1990-04-01. The 2025 assessed value is $706,358 with a market value of $855,000.

This breaks down to $809,025 for the land and $45,975 for the building. The assessed value increased 10% from $642,144 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.

1234 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 1990 to 2018, with 2 recorded transactions in the public record.

The current assessed value represents 166% 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 $228 per square foot — a key metric for comparing value across Miami's real estate market..