16451 SW 98 TER, The Hammocks, FL 33196

Parcel: 3059050140260 · Residential - Single Family · 1 Unit · Zoning: 0101

Assessed Value (2025)
$181,835

Property Details

Beds
3
Baths
2
Living Sqft
1,706
Year Built
1997
Lot Sqft
5,035
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$2,300,000
1994-10-01
2
$119,900-95%
1997-08-01
3
$575,000+380%
2025-12-17
ROLANDO F MACHADO &W LUZ ESILVIA MEDINA
4
$575,000
2026-01-13

Tax Assessment History

$181,835
Assessed (2025)
$440,120
Market Value
$131,113
Taxable Value
$2,669
Annual Tax
2024
$176,711
$442,752
2025
$181,835
$440,120
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $181,835 $440,120 $131,113 $2,669
2024 $176,711 $442,752 $126,711 $2,580

About 16451 SW 98 TER, The Hammocks, FL 33196

16451 SW 98 TER, The Hammocks, FL 33196 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1997 with 1,706 square feet of living space on a 5,035 square foot lot. The property is currently owned by SILVIA MEDINA, 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 2026-01-13 for $575,000. There are 4 recorded sales for this property. The 2025 assessed value is $181,835 with a market value of $440,120.

This breaks down to $247,910 for the land and $192,210 for the building. The assessed value increased 3% from $176,711 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $84,722, and the median home value is $456,300. The population density is 11,540 people per square mile. There are active mortgage liens totaling $458,092 recorded against this property.

16451 SW 98 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 2026, with 4 recorded transactions in the public record.

The current assessed value represents 32% 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 $337 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2026084025 building F
C2023170560 building F $5,255

Current Owner

SILVIA MEDINA
16451 SW 98 TER, MIAMI, FL, 33196
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$84,722
Median Home Value$456,300
Pop. Density11,540/sq mi

Neighborhood 16451

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$460,000
~$458,092 bal.
PENNYMAC LOAN SERVICES LLC · 2026-01-13
Est. Total Balance $458,092
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales