16645 SW 248 ST, Miami-Dade County, FL 33031

16645 SW 248 ST, Miami-Dade County, FL 33031 is a 5-bedroom, 2-bathroom religious - exempt : religious built in 1937 with 1,976 square feet of living space on a 54,450 square foot lot. The property is currently owned by KRIYA YOGA INSTITUTE INC, 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 1998-04-01 for $120,000. The property has appreciated $54,000 (82%) since the prior sale of $66,000 on 1992-10-01. The 2025 assessed value is $231,974 with a market value of $367,940.

This breaks down to $300,000 for the land and $67,940 for the building. The assessed value increased 10% from $210,886 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $97,395, and the median home value is $602,600. The population density is 469 people per square mile.

The complete ownership history of this property spans from 1992 to 1998, with 2 recorded transactions in the public record. The current assessed value represents 193% 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 $61 per square foot — a key metric for comparing value across the area's real estate market..