2440 SW 16 AVE, Miami, FL 33145
Parcel: 0141400060921 · Residential - Single Family · 1 Unit · Zoning: 5700
Assessed Value (2025)
$290,800
Property Details
Beds
2
Baths
1
Living Sqft
744
Year Built
1940
Lot Sqft
3,450
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$10non-market transfer
2008-09-29
MARGARITA FRANCO → MARGARITA G FRANCO
2
$100non-market transfer
2019-04-29
MARGARITA G FRANCO TRS → MARGARET REYES
Tax Assessment History
$290,800
Assessed (2025)
$358,678
Market Value
$290,800
Taxable Value
$5,920
Annual Tax
2024
$264,364
$358,701
2025
$290,800
$358,678
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $290,800 | $358,678 | $290,800 | $5,920 | $293,250 | $65,428 |
| 2024 | $264,364 | $358,701 | $264,364 | $5,382 | $293,250 | $65,451 |
About 2440 SW 16 AVE, Miami, FL 33145
2440 SW 16 AVE, Miami, FL 33145 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1940 with 744 square feet of living space on a 3,450 square foot lot. The property is currently owned by MARGARET REYES RAFAEL REYES, 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 2019-04-29 for $100, when MARGARITA G FRANCO TRS sold to MARGARET REYES. The property has appreciated $90 (900%) since the prior sale of $10 on 2008-09-29. The 2025 assessed value is $290,800 with a market value of $358,678.
This breaks down to $293,250 for the land and $65,428 for the building. The assessed value increased 10% from $264,364 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 $76,656, and the median home value is $633,400. The population density is 10,142 people per square mile.
2440 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 2008 to 2019, with 2 recorded transactions in the public record..
Current Owner
MARGARET REYES RAFAEL REYES
2440 SW 16 AVE, MIAMI, FL, 33145
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,889 — $7,197
Flood $400 — $800
Property/Wind $3,489 — $6,397
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$76,656
Median Home Value$633,400
Pop. Density10,142/sq mi
Neighborhood 33145
47.6%
Owner-Occ
52.4%
Investor
211
Flips (4yr)
5,655
New Biz (3yr)
Distress Risk
MODERATE
29
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