7170 SW 116 TER, Pinecrest, FL 33156

Parcel: 2050110280040 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$772,552

Property Details

Beds
4
Baths
3
Living Sqft
2,763
Year Built
1967
Lot Sqft
18,079
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$226,100
1987-05-01
2
$260,000+15%
1989-01-01
3
$800,000+208%
2015-12-03
DAVID DEWITTIVAYLO MIHAYLOV

Tax Assessment History

$772,552
Assessed (2025)
$1,351,413
Market Value
$721,830
Taxable Value
$14,696
Annual Tax
2024
$750,780
$1,316,555
2025
$772,552
$1,351,413
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $772,552 $1,351,413 $721,830 $14,696
2024 $750,780 $1,316,555 $700,780 $14,267

About 7170 SW 116 TER, Pinecrest, FL 33156

7170 SW 116 TER, Pinecrest, FL 33156 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1967 with 2,763 square feet of living space on a 18,079 square foot lot. The property is currently owned by IVAYLO MIHAYLOV EKATERINA KOTOVA, 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 2015-12-03 for $800,000, when DAVID DEWITT sold to IVAYLO MIHAYLOV. The property has appreciated $540,000 (208%) since the prior sale of $260,000 on 1989-01-01. There are 3 recorded sales for this property.

The 2025 assessed value is $772,552 with a market value of $1,351,413. This breaks down to $994,345 for the land and $357,068 for the building. The assessed value increased 3% from $750,780 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 $250,001, and the median home value is $1,284,800. The population density is 2,033 people per square mile. There are active mortgage liens totaling $443,324 recorded against this property.

7170 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 1987 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 97% of the most recent sale price. Based on the most recent sale, this property traded at $290 per square foot — a key metric for comparing value across Pinecrest's real estate market..

Current Owner

IVAYLO MIHAYLOV EKATERINA KOTOVA
7170 SW 116 TER, PINECREST, FL, 33156
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$9,670 — $17,796
Flood $400 — $800
Property/Wind $9,270 — $16,996

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$250,001
Median Home Value$1,284,800
Pop. Density2,033/sq mi

Neighborhood 33156

53.3%
Owner-Occ
46.7%
Investor
201
Flips (4yr)
5,034
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$548,000
~$443,324 bal.
BANK OF AMERICA NA · 2022-02-02
Est. Total Balance $443,324
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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