4000 SW 16 TER, Miami-Dade County, FL 33134

4000 SW 16 TER, Miami-Dade County, FL 33134 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1945 with 2,963 square feet of living space on a 10,189 square foot lot. The property is currently owned by 4000 GABLES LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-02-03 for $980,000. There are 4 recorded sales for this property. The 2025 assessed value is $389,238 with a market value of $1,122,334.

This breaks down to $815,120 for the land and $307,214 for the building. The assessed value increased 3% from $378,269 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $57,525, and the median home value is $377,600. The population density is 11,643 people per square mile. There are active mortgage liens totaling $604,194 recorded against this property.

The complete ownership history of this property spans from 2008 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 40% 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 $331 per square foot — a key metric for comparing value across the area's real estate market..