696 SW 16 TER, Homestead, FL 33030

696 SW 16 TER, Homestead, FL 33030 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 1,425 square feet of living space on a 7,566 square foot lot. The property is currently owned by PROSPERITAS INVESTMENT LLC, 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 2012-09-14 for $39,000, when JIMMY CLARK sold to PROSPERITAS INVESTMENT LLC. The property sold for $53,000 less than the prior sale of $92,000 on 2003-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $135,302 with a market value of $324,857. This breaks down to $173,259 for the land and $151,598 for the building. The assessed value increased 10% from $123,002 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. 696 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 1996 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 347% 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 $27 per square foot — a key metric for comparing value across Homestead's real estate market..