16401 SW 248 ST, Miami-Dade County, FL 33031

16401 SW 248 ST, Miami-Dade County, FL 33031 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1993 with 2,051 square feet of living space on a 30,492 square foot lot. The property is currently owned by RODNEY R INGRAM TRS RODNEY D INGRAM REV TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-08-01 for $730,000. There are 4 recorded sales for this property. The 2025 assessed value is $226,266 with a market value of $439,124.

This breaks down to $168,000 for the land and $271,124 for the building. The assessed value increased 6% from $214,367 in 2024. The property has the following tax exemptions: homestead.

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 2008 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 31% 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 $356 per square foot — a key metric for comparing value across the area's real estate market..