16940 SW 119 AVE, South Miami Heights, FL 33177

Parcel: 3059360051600 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$129,250

Property Details

Beds
4
Baths
2
Living Sqft
1,470
Year Built
1967
Lot Sqft
7,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$35,500
1974-08-01
2
$274,000+672%
2005-07-01

Tax Assessment History

$129,250
Assessed (2025)
$450,233
Market Value
$78,528
Taxable Value
$1,599
Annual Tax
2024
$125,608
$441,115
2025
$129,250
$450,233
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $129,250 $450,233 $78,528 $1,599
2024 $125,608 $441,115 $75,608 $1,539

About 16940 SW 119 AVE, South Miami Heights, FL 33177

16940 SW 119 AVE, South Miami Heights, FL 33177 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1967 with 1,470 square feet of living space on a 7,875 square foot lot. The property is currently owned by EDWIN LIMA &W DAGMARA LIMA, 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 2005-07-01 for $274,000. The property has appreciated $238,500 (672%) since the prior sale of $35,500 on 1974-08-01. The 2025 assessed value is $129,250 with a market value of $450,233.

This breaks down to $253,688 for the land and $196,545 for the building. The assessed value increased 3% from $125,608 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $66,619, and the median home value is $333,200. The population density is 1,552 people per square mile. 16940 SW 119 AVE, South Miami Heights, FL 33177 is located in South Miami Heights, Florida.

Property records, tax assessments, sales history, and ownership information for this South Miami Heights property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1974 to 2005, with 2 recorded transactions in the public record. The current assessed value represents 47% 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 $186 per square foot — a key metric for comparing value across South Miami Heights's real estate market..

Building Permits (1)

Permit #TypeStatusCost
B1993194404 building expired $10,000

Current Owner

EDWIN LIMA &W DAGMARA LIMA
16940 SW 119 AVE, MIAMI, FL, 33177-2114
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,951 — $3,800
Flood $400 — $800
Property/Wind $1,551 — $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$66,619
Median Home Value$333,200
Pop. Density1,552/sq mi

Neighborhood 16940

100%
Owner-Occ
0%
Investor
14
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
24
View full risk analysis →
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