16238 SW 97 TER, The Hammocks, FL 33196

16238 SW 97 TER, The Hammocks, FL 33196 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2000 with 1,499 square feet of living space on a 1,800 square foot lot. The property is currently owned by IH5 PROPERTY FLORIDA L P, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2015-05-26 for $252,000, when JOSE OSSIO sold to IH5 PROPERTY FLORIDA L P. The property sold for $66,000 less than the prior sale of $318,000 on 2006-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $364,560 with a market value of $428,000. The assessed value increased 10% from $331,419 in 2024. 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. 16238 SW 97 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 2006 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 145% 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 $168 per square foot — a key metric for comparing value across The Hammocks's real estate market..