589 SW 16 TER, Homestead, FL 33030

Parcel: 1078140061700 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$328,134

Property Details

Beds
4
Baths
2
Living Sqft
1,425
Year Built
1978
Lot Sqft
7,460
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2015-11-13
MARIA G ARCINIEGA589 SW 16 TERRACE LLC
2
$100non-market transfer
2017-10-04
589 SW 16 TERRACE LLCMARIA G ARCINIEGA
3
$323,000
2022-01-03
MARIA G ARCINIEGAYOELVIS SANCHEZ AGUIAR
4
$323,000
2022-01-10

Tax Assessment History

$328,134
Assessed (2025)
$328,134
Market Value
$328,134
Taxable Value
$6,681
Annual Tax
2024
$304,617
$312,224
2025
$328,134
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $328,134 $328,134 $328,134 $6,681
2024 $304,617 $312,224 $304,617 $6,202

About 589 SW 16 TER, Homestead, FL 33030

589 SW 16 TER, Homestead, FL 33030 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1978 with 1,425 square feet of living space on a 7,460 square foot lot. The property is currently owned by YOELVIS SANCHEZ AGUIAR, 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 2022-01-10 for $323,000. There are 4 recorded sales for this property. The 2025 assessed value is $328,134 with a market value of $328,134.

This breaks down to $171,580 for the land and $156,554 for the building. The assessed value increased 8% from $304,617 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 $55,588, and the median home value is $292,500. The population density is 5,322 people per square mile.

There are active mortgage liens totaling $239,298 recorded against this property. 589 SW 16 TER, 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 2015 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $227 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

YOELVIS SANCHEZ AGUIAR
20701 SW 132 AVE, MIAMI, FL, 33177
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$3,681 — $6,706
Flood $400 — $800
Property/Wind $3,281 — $5,906

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$55,588
Median Home Value$292,500
Pop. Density5,322/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$252,000
~$239,298 bal.
CALIBER HOME LOANS INC · 2022-01-10
Est. Total Balance $239,298
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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