548 SW 16 TER, Homestead, FL 33030

548 SW 16 TER, Homestead, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1977 with 1,499 square feet of living space on a 7,500 square foot lot. The property is currently owned by REINALDO MOREJON BENITEZ LIUDMILA COBAS VILLODAS, recorded as of 2026-04-18. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-25 for $449,000, when DIOSMERI ROMEU CISNEROS sold to REINALDO MOREJON BENITEZ. The property has appreciated $266,000 (145%) since the prior sale of $183,000 on 2022-10-18. There are 6 recorded sales for this property.

The 2025 assessed value is $273,790 with a market value of $338,786. This breaks down to $172,500 for the land and $166,286 for the building. The assessed value increased 3% from $266,074 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 $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 $197,028 recorded against this property.

548 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 2017 to 2026, with 6 recorded transactions in the public record.

The current assessed value represents 61% 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 $300 per square foot — a key metric for comparing value across Homestead's real estate market..