16623 SW 91 TER, The Hammocks, FL 33196

Parcel: 3059050030390 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$210,581

Property Details

Beds
3
Baths
2
Living Sqft
1,799
Year Built
1996
Lot Sqft
5,400
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,902,600
1994-11-01
2
$127,900-93%
1996-05-01

Tax Assessment History

$210,581
Assessed (2025)
$484,261
Market Value
$159,859
Taxable Value
$3,255
Annual Tax
2024
$204,647
$487,403
2025
$210,581
$484,261
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $210,581 $484,261 $159,859 $3,255
2024 $204,647 $487,403 $154,647 $3,148

About 16623 SW 91 TER, The Hammocks, FL 33196

16623 SW 91 TER, The Hammocks, FL 33196 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1996 with 1,799 square feet of living space on a 5,400 square foot lot. The property is currently owned by GARY M CHIN, 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 1996-05-01 for $127,900. The property sold for $1,774,700 less than the prior sale of $1,902,600 on 1994-11-01. The 2025 assessed value is $210,581 with a market value of $484,261.

This breaks down to $257,400 for the land and $226,861 for the building. The assessed value increased 3% from $204,647 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $86,795, and the median home value is $453,900. The population density is 3,241 people per square mile. 16623 SW 91 TER, The Hammocks, FL 33196 is located in The Hammocks, Florida.

Property records, tax assessments, sales history, and ownership information for this The Hammocks property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1994 to 1996, with 2 recorded transactions in the public record. The current assessed value represents 165% 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 $71 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2024124280 building F $30,000

Current Owner

GARY M CHIN
16623 SW 91 TERR, MIAMI, FL, 33196-4848
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,084 — $3,800
Flood $400 — $800
Property/Wind $1,684 — $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$86,795
Median Home Value$453,900
Pop. Density3,241/sq mi

Neighborhood 16623

100%
Owner-Occ
0%
Investor
162
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
View full risk analysis →
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