16500 SW 8 ST, Miami-Dade County, FL 33194

16500 SW 8 ST, Miami-Dade County, FL 33194 is a 2-bedroom, 2-bathroom residential - single family : 1 unit built in 1970 with 3,816 square feet of living space on a 2,220,688 square foot lot. The property is currently owned by CITY MIAMI LAND DEV 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 $3,162,000. The property has appreciated $2,462,000 (352%) since the prior sale of $700,000 on 1979-11-01. The 2025 assessed value is $1,771,872 with a market value of $1,829,777.

This breaks down to $1,553,900 for the land and $275,877 for the building. The assessed value increased 10% from $1,610,793 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 3 open code violations 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 1979 to 2006, with 2 recorded transactions in the public record. The current assessed value represents 56% 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 $829 per square foot — a key metric for comparing value across the area's real estate market..