16391 SW 248 ST, Miami-Dade County, FL 33031

16391 SW 248 ST, Miami-Dade County, FL 33031 is a 2-bedroom, 1-bathroom impr agri : residential - single family built in 1938 with 1,088 square feet of living space on a 108,900 square foot lot. The property is currently owned by LINDSY TROPICAL FARMS LLC, 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 2023-05-22 for $650,000. There are 4 recorded sales for this property. The 2025 assessed value is $324,086 with a market value of $754,494.

This breaks down to $600,000 for the land and $154,494 for the building. The assessed value increased 10% from $294,973 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 2003 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 50% 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 $597 per square foot — a key metric for comparing value across the area's real estate market..