5855 W 16 LN, Hialeah, FL 33012

Parcel: 0420350820480 · Multifamily 2-9 Units · Multifamily 3 Or More Units · Zoning: 4400

Assessed Value (2025)
$842,635

Property Details

Beds
10
Baths
6
Living Sqft
4,564
Year Built
1985
Lot Sqft
8,250
Stories
2
MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS

Sales History

1
$185,000
1987-10-01
CONTINENTAL NATIONAL BANK OF MIAMI FRANCISCO R ZARA
2
$105,000-43%
1994-12-01
FRANCSICO R ZARA URBANO R ZARA
3
$230,000+119%
2000-02-01
URBANO R ZARA GREGORIO ENRIQUEZ

Tax Assessment History

$842,635
Assessed (2025)
$1,004,700
Market Value
$842,635
Taxable Value
$17,155
Annual Tax
2024
$766,032
$960,000
2025
$842,635
$1,004,700
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $842,635 $1,004,700 $842,635 $17,155
2024 $766,032 $960,000 $766,032 $15,596

About 5855 W 16 LN, Hialeah, FL 33012

5855 W 16 LN, Hialeah, FL 33012 is a 10-bedroom, 6-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1985 with 4,564 square feet of living space on a 8,250 square foot lot. The property is currently owned by ISMELIA M ENRIQUEZ, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2000-02-01 for $230,000, when URBANO R ZARA sold to GREGORIO ENRIQUEZ . The property has appreciated $125,000 (119%) since the prior sale of $105,000 on 1994-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $842,635 with a market value of $1,004,700. This breaks down to $288,750 for the land and $715,950 for the building. The assessed value increased 10% from $766,032 in 2024.

This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required. The median household income in this area is $30,455, and the median home value is $229,100.

The population density is 22,845 people per square mile. 5855 W 16 LN, Hialeah, FL 33012 is located in Hialeah, Florida. Property records, tax assessments, sales history, and ownership information for this Hialeah property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1987 to 2000, with 3 recorded transactions in the public record. The current assessed value represents 366% 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 $50 per square foot — a key metric for comparing value across Hialeah's real estate market..

Current Owner

ISMELIA M ENRIQUEZ
6271 LAKE PATRICIA DR, HIALEAH, FL, 33014
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$8,826 — $15,967
Flood $400 — $800
Property/Wind $8,426 — $15,167

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$30,455
Median Home Value$229,100
Pop. Density22,845/sq mi

Neighborhood 33012

43.1%
Owner-Occ
56.9%
Investor
208
Flips (4yr)
10,385
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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