16181 SW 138 TER, The Hammocks, FL 33196

16181 SW 138 TER, The Hammocks, FL 33196 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2001 with 2,195 square feet of living space on a 6,662 square foot lot. The property is currently owned by PEDRO M MARTINEZ YUDITH MARTINEZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-11-23 for $465,000, when BENEDICTO MORENO sold to PEDRO M MARTINEZ. The property has appreciated $51,000 (12%) since the prior sale of $414,000 on 2017-06-26. There are 3 recorded sales for this property.

The 2025 assessed value is $297,645 with a market value of $538,874. This breaks down to $229,263 for the land and $309,611 for the building. The assessed value increased 3% from $289,257 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. This property currently has 1 open code violation on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 16181 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 2014 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 64% 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 $212 per square foot — a key metric for comparing value across The Hammocks's real estate market..