1615 NW 116 TER, North Miami, FL 33167

1615 NW 116 TER, North Miami, FL 33167 is a 2-bedroom, 1-bathroom residential - single family : 1 unit built in 1955 with 1,242 square feet of living space on a 5,300 square foot lot. The property is currently owned by RANDY MANUEL JIMENEZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2010-07-16 for $44,000, when FANNIE MAE sold to RANDY MANUEL JIMENEZ. The property has appreciated $42,400 (2650%) since the prior sale of $1,600 on 2010-05-05. There are 3 recorded sales for this property.

The 2025 assessed value is $180,983 with a market value of $285,148. This breaks down to $164,300 for the land and $120,848 for the building. The assessed value increased 10% from $164,530 in 2024.

The median household income in this area is $59,426, and the median home value is $282,700. The population density is 11,031 people per square mile. 1615 NW 116 TER, North Miami, FL 33167 is located in North Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2006 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 411% 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 $35 per square foot — a key metric for comparing value across North Miami's real estate market..