7380 SW 116 TER, Pinecrest, FL 33156

7380 SW 116 TER, Pinecrest, FL 33156 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1962 with 2,556 square feet of living space on a 15,000 square foot lot. The property is currently owned by LEONARDO J CARABALLO TERESITA M CARABALLO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2014-03-16 for $780,000, when PHILIPP GERSPACHER sold to LEONARDO J CARABALLO. The property has appreciated $100,000 (15%) since the prior sale of $680,000 on 2012-08-31. There are 3 recorded sales for this property.

The 2025 assessed value is $502,637 with a market value of $1,199,751. This breaks down to $825,000 for the land and $374,751 for the building. The assessed value increased 3% from $488,472 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $177,557, and the median home value is $1,039,700. The population density is 2,503 people per square mile. There are active mortgage liens totaling $350,055 recorded against this property.

7380 SW 116 TER, Pinecrest, FL 33156 is located in Pinecrest, Florida. Property records, tax assessments, sales history, and ownership information for this Pinecrest property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2006 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 64% 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 $305 per square foot — a key metric for comparing value across Pinecrest's real estate market..