2551 SE 16 TER 209, Homestead, FL 33035

Parcel: 1079290141510 · Residential · Condominium - Residential · Zoning: 9300

Assessed Value (2025)
$146,056

Property Details

Beds
3
Baths
2
Living Sqft
1,076
Year Built
2006
Stories
1
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2012-06-13
PAULA ALVAREZCLARA RUIZ
2
$100non-market transfer
2013-05-14
CLARA RUIZPAULA ZAMBRANO
3
$100,000
2016-08-12
PAULA ZAMBRANOBELUMAJO INVESTMENT GROUP LLC

Tax Assessment History

$146,056
Assessed (2025)
$191,417
Market Value
$146,056
Taxable Value
$2,974
Annual Tax
2024
$132,779
$203,635
2025
$146,056
$191,417
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $146,056 $191,417 $146,056 $2,974
2024 $132,779 $203,635 $132,779 $2,703

About 2551 SE 16 TER 209, Homestead, FL 33035

2551 SE 16 TER 209, Homestead, FL 33035 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,076 square feet of living space. The property is currently owned by BELUMAJO INVESTMENT GROUP 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 2016-08-12 for $100,000, when PAULA ZAMBRANO sold to BELUMAJO INVESTMENT GROUP LLC. The property has appreciated $99,900 (99900%) since the prior sale of $100 on 2013-05-14. There are 3 recorded sales for this property.

The 2025 assessed value is $146,056 with a market value of $191,417. The assessed value increased 10% from $132,779 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $62,441, and the median home value is $203,300. The population density is 113 people per square mile.

2551 SE 16 TER 209, Homestead, FL 33035 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 2012 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 146% 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 $93 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

BELUMAJO INVESTMENT GROUP LLC
2000 PONCE DE LEON BLVD 6FL, CORAL GABLES, FL, 33134
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$62,441
Median Home Value$203,300
Pop. Density113/sq mi

Neighborhood 33035

43.4%
Owner-Occ
56.6%
Investor
209
Flips (4yr)
1,897
New Biz (3yr)
Distress Risk
MODERATE
34
View full risk analysis →
Zoom in to see property sales