16041 SW 138 TER, The Hammocks, FL 33196

Parcel: 3059200021040 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$234,494

Property Details

Beds
3
Baths
2
Living Sqft
1,491
Year Built
1999
Lot Sqft
6,153
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$140,600
1999-10-01
2
$222,000+58%
2009-04-15
RODOLFO MARTINEZ &W YAMILETDAVID A ZBIK &W
3
$302,500+36%
2015-01-30
DAVID A ZBIK SIMONE M CHEONG

Tax Assessment History

$234,494
Assessed (2025)
$455,305
Market Value
$183,772
Taxable Value
$3,741
Annual Tax
2024
$227,886
$446,219
2025
$234,494
$455,305
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $234,494 $455,305 $183,772 $3,741
2024 $227,886 $446,219 $177,886 $3,622

About 16041 SW 138 TER, The Hammocks, FL 33196

16041 SW 138 TER, The Hammocks, FL 33196 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1999 with 1,491 square feet of living space on a 6,153 square foot lot. The property is currently owned by SIMONE M CHEONG, 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 2015-01-30 for $302,500, when DAVID A ZBIK sold to SIMONE M CHEONG. The property has appreciated $80,500 (36%) since the prior sale of $222,000 on 2009-04-15. There are 3 recorded sales for this property.

The 2025 assessed value is $234,494 with a market value of $455,305. This breaks down to $221,603 for the land and $233,702 for the building. The assessed value increased 3% from $227,886 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

The median household income in this area is $138,125, and the median home value is $541,600. The population density is 672 people per square mile. There are active mortgage liens totaling $190,954 recorded against this property.

16041 SW 138 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 1999 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. There is 1 active building permit on this property with a combined estimated cost of $12,519, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $203 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2026060980 building A $12,519

Current Owner

SIMONE M CHEONG
16041 SW 138 TER, MIAMI, FL, 33196
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,275 — $4,082
Flood $400 — $800
Property/Wind $1,875 — $3,282

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$138,125
Median Home Value$541,600
Pop. Density672/sq mi

Neighborhood 16041

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →

Mortgages

ACTIVE
$218,000
~$190,954 bal.
ROCKET MORTGAGE LLC · 2021-11-03
Est. Total Balance $190,954
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales