16350 SW 198 AVE, South Miami Heights, FL 33187

Parcel: 3058270002040 · Impr Agri · Residential - Single Family · Zoning: 8900

Assessed Value (2025)
$119,088

Property Details

Beds
1
Baths
1
Living Sqft
1,360
Year Built
2000
Lot Sqft
108,900
Stories
1
IMPR AGRI : RESIDENTIAL - SINGLE FAMILY

Sales History

1
$15,000
1979-01-01
2
$16,500+10%
1987-02-01

Tax Assessment History

$119,088
Assessed (2025)
$359,056
Market Value
$68,366
Taxable Value
$1,392
Annual Tax
2024
$115,791
$317,312
2025
$119,088
$359,056
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $119,088 $359,056 $68,366 $1,392
2024 $115,791 $317,312 $65,791 $1,339

About 16350 SW 198 AVE, South Miami Heights, FL 33187

16350 SW 198 AVE, South Miami Heights, FL 33187 is a 1-bedroom, 1-bathroom impr agri : residential - single family built in 2000 with 1,360 square feet of living space on a 108,900 square foot lot. The property is currently owned by JOSE G VELEZ &W ANGELA, 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 1987-02-01 for $16,500. The property has appreciated $1,500 (10%) since the prior sale of $15,000 on 1979-01-01. The 2025 assessed value is $119,088 with a market value of $359,056.

This breaks down to $305,000 for the land and $54,056 for the building. The assessed value increased 3% from $115,791 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $107,073, and the median home value is $457,700. The population density is 6 people per square mile. 16350 SW 198 AVE, South Miami Heights, FL 33187 is located in South Miami Heights, Florida.

Property records, tax assessments, sales history, and ownership information for this South Miami Heights property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1979 to 1987, with 2 recorded transactions in the public record. The current assessed value represents 722% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $12 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Building Permits (2)

Permit #TypeStatusCost
S1993025308 building expired $9,000
N1993003506 electrical expired $600

Current Owner

JOSE G VELEZ &W ANGELA
16350 SW 198 AVE, MIAMI, FL, 33187-1040
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$107,073
Median Home Value$457,700
Pop. Density6/sq mi

Neighborhood 16350

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →
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