5840 SW 16 ST, Westchester, FL 33155

5840 SW 16 ST, Westchester, FL 33155 is a 7-bedroom, 3-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1930 with 4,614 square feet of living space on a 20,300 square foot lot. The property is currently owned by MARGARITA BARRERA, 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 2005-10-01 for $570,000. The property has appreciated $230,000 (68%) since the prior sale of $340,000 on 2002-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $346,271 with a market value of $789,024. This breaks down to $543,170 for the land and $245,854 for the building. The assessed value increased 3% from $336,513 in 2024.

The property has the following tax exemptions: homestead. 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. 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. 5840 SW 16 ST, Westchester, FL 33155 is located in Westchester, Florida. Property records, tax assessments, sales history, and ownership information for this Westchester property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1987 to 2005, with 3 recorded transactions in the public record. The current assessed value represents 61% 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.

There are 2 active building permits on this property with a combined estimated cost of $200,240, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $124 per square foot — a key metric for comparing value across Westchester's real estate market..