16120 NW 127 AVE, Miami-Dade County, FL 33018

Parcel: 3029140000290 · Miscellaneous - Residential · Mixed Use - Residential · Zoning: 9000

Assessed Value (2025)
$3,501,216

Property Details

Living Sqft
616
Year Built
1990
Lot Sqft
435,600
Stories
1
MISCELLANEOUS - RESIDENTIAL : MIXED USE - RESIDENTIAL

Sales History

1
$140,000
1988-06-01
2
$1,250,000+793%
2005-08-01
3
$100non-market transfer
2018-09-10
REINERIO VALDES JRREINERIO VALDES JR TRS

Tax Assessment History

$3,501,216
Assessed (2025)
$3,501,216
Market Value
$3,501,216
Taxable Value
$71,282
Annual Tax
2024
$3,283,661
2025
$3,501,216
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,501,216 $3,501,216 $3,501,216 $71,282
2024 $3,283,661 $3,283,661 $3,283,661 $66,853

About 16120 NW 127 AVE, Miami-Dade County, FL 33018

16120 NW 127 AVE, Miami-Dade County, FL 33018 is a miscellaneous - residential : mixed use - residential built in 1990 with 616 square feet of living space on a 435,600 square foot lot. The property is currently owned by REINERIO VALDES JR TRS REINERIO VALDES JR REV TR, 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 2018-09-10 for $100, when REINERIO VALDES JR sold to REINERIO VALDES JR TRS. The property sold for $1,249,900 less than the prior sale of $1,250,000 on 2005-08-01. There are 3 recorded sales for this property.

The 2025 assessed value is $3,501,216 with a market value of $3,501,216. This breaks down to $3,484,800 for the land and $16,416 for the building. The assessed value increased 7% from $3,283,661 in 2024.

The median household income in this area is $99,688, and the median home value is $404,100. The population density is 410 people per square mile. There are active mortgage liens totaling $1,000,000 recorded against this property.

This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close. The complete ownership history of this property spans from 1988 to 2018, with 3 recorded transactions in the public record..

Building Permits (1)

Permit #TypeStatusCost
C1990045639 building expired $4,950

Code Violations 1 open

20200203796 open
2020-04-13

Distress Signals

  • 1 open code violation

Current Owner

REINERIO VALDES JR TRS REINERIO VALDES JR REV TR
16120 NW 127 AVE, HIALEAH, FL, 33018
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$35,412 — $63,821
Flood $400 — $800
Property/Wind $35,012 — $63,021

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$99,688
Median Home Value$404,100
Pop. Density410/sq mi

Neighborhood 16120

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →

Mortgages

ACTIVE
$1,000,000
RICHARD M SEPLER · 2023-09-25
Est. Total Balance $1,000,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales