5991 SW 16 TER, West Miami, FL 33155

5991 SW 16 TER, West Miami, FL 33155 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,446 square feet of living space on a 7,081 square foot lot. The property is currently owned by WEST MIAMI 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 2015-09-30 for $190,000, when METRO MCG PROPERTIES INC sold to WEST MIAMI GROUP LLC. The property has appreciated $189,900 (189900%) since the prior sale of $100 on 2010-10-27. There are 3 recorded sales for this property.

The 2025 assessed value is $477,274 with a market value of $535,895. This breaks down to $371,229 for the land and $164,666 for the building. The assessed value increased 10% from $433,886 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 $60,495, and the median home value is $517,300.

The population density is 10,229 people per square mile. There are active mortgage liens totaling $365,856 recorded against this property. 5991 SW 16 TER, West Miami, FL 33155 is located in West Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this West Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2001 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 251% 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 $131 per square foot — a key metric for comparing value across West Miami's real estate market..