651 NW 16 ST, Homestead, FL 33030

651 NW 16 ST, Homestead, FL 33030 is a 2-bedroom, 1.5-bathroom residential - single family : 1 unit built in 1965 with 1,014 square feet of living space on a 7,500 square foot lot. The property is currently owned by MICHAEL G WELLS EST OF LORRAINE M WELLS, 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 2017-01-10 for $120,000, when CASEY WELLS & JENNIFER SURIS JTRS sold to MICHAEL G WELLS. The property has appreciated $34,100 (40%) since the prior sale of $85,900 on 2001-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $82,478 with a market value of $303,985. This breaks down to $172,500 for the land and $131,485 for the building. The assessed value increased 3% from $80,154 in 2024.

The property has the following tax exemptions: homestead. 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 $117,733, and the median home value is $364,400. The population density is 2,462 people per square mile. 651 NW 16 ST, Homestead, FL 33030 is located in Homestead, Florida.

Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1992 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $118 per square foot — a key metric for comparing value across Homestead's real estate market..