242 E 16 ST, Hialeah, FL 33010
Parcel: 0431180033530 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$484,869
Property Details
Beds
3
Baths
2
Living Sqft
2,252
Year Built
1949
Lot Sqft
6,750
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
N/A
2023-03-10
2
$100non-market transfer
2024-01-12
JOSUE MARTINEZ → A & J FACTORY DIRECT CABINETS LLC
3
N/A
2024-01-26
4
$100non-market transfer
2024-05-08
A & J FACTORY DIRECT CABINETS LLC → ANETT MARTINEZ
5
N/A
2024-05-21
6
$638,000
2024-11-29
ANETT MARTINEZ → NORVIEL ALVAREZ
7
$638,000
2024-12-11
Tax Assessment History
$484,869
Assessed (2025)
$484,869
Market Value
$484,869
Taxable Value
$9,872
Annual Tax
2024
$304,044
$470,270
2025
$484,869
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $484,869 | $484,869 | $484,869 | $9,872 | $310,500 | $174,369 |
| 2024 | $304,044 | $470,270 | $254,044 | $5,172 | $297,963 | $172,307 |
About 242 E 16 ST, Hialeah, FL 33010
242 E 16 ST, Hialeah, FL 33010 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1949 with 2,252 square feet of living space on a 6,750 square foot lot. The property is currently owned by NORVIEL ALVAREZ, 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 2024-12-11 for $638,000. There are 7 recorded sales for this property. The 2025 assessed value is $484,869 with a market value of $484,869.
This breaks down to $310,500 for the land and $174,369 for the building. The assessed value increased 59% from $304,044 in 2024. The median household income in this area is $54,375, and the median home value is $366,100.
The population density is 10,453 people per square mile. There are active mortgage liens totaling $596,213 recorded against this property. 242 E 16 ST, Hialeah, FL 33010 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 2023 to 2024, with 7 recorded transactions in the public record. The current assessed value represents 76% of the most recent sale price.
Based on the most recent sale, this property traded at $283 per square foot — a key metric for comparing value across Hialeah's real estate market..
Current Owner
NORVIEL ALVAREZ
242 E 16 ST, HIALEAH, FL, 33010
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$6,218 — $11,467
Flood $400 — $800
Property/Wind $5,818 — $10,667
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$54,375
Median Home Value$366,100
Pop. Density10,453/sq mi
Neighborhood 33010
45.3%
Owner-Occ
54.7%
Investor
114
Flips (4yr)
6,419
New Biz (3yr)
Distress Risk
MODERATE
30
Mortgages
ACTIVE
$606,100
UNITED WHOLESALE MORTGAGE LLC · 2024-12-11
2 satisfied mortgages
SATISFIED 2024-05-21
$402,000
ANGEL OAK MORTGAGE SOLUTIONS LLC
SATISFIED 2023-03-10
$171,957
R P FUNDING
Est. Total Balance $596,213
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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