16400 SW 8 ST, Miami-Dade County, FL 33194

16400 SW 8 ST, Miami-Dade County, FL 33194 is a enclosed receational arena : entertainment built in 1963 with 585 square feet of living space on a 118,047 square foot lot. The property is currently owned by CITY MIAMI LAND DEVELOPMENT INC & C/O GABRIELA GUIMARAES, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2006-05-01 for $1,680,200. The property has appreciated $1,467,700 (691%) since the prior sale of $212,500 on 1980-05-01. The 2025 assessed value is $133,290 with a market value of $133,290.

This breaks down to $108,400 for the land and $24,890 for the building. The assessed value increased 2% from $131,133 in 2024. The median household income in this area is $112,765, and the median home value is $475,000.

The population density is 3,169 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.

There are 2 total code violations on record for this property, including 1 that have been resolved. The complete ownership history of this property spans from 1980 to 2006, with 2 recorded transactions in the public record. The current assessed value represents 8% 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 $2872 per square foot — a key metric for comparing value across the area's real estate market..