16050 SW 242 ST, Miami-Dade County, FL 33031
Parcel: 3069200000553 · Residential - Single Family · 1 Unit · Zoning: 9000
Assessed Value (2025)
$258,743
Property Details
Beds
3
Baths
2
Living Sqft
1,473
Year Built
1968
Lot Sqft
52,489
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$65,000
1977-12-01
2
$138,000+112%
1995-07-01
3
$100non-market transfer
2014-12-19
RAUL I PEDROSO &W ROSA → ALBERTO E PEDROSO
Tax Assessment History
$258,743
Assessed (2025)
$540,821
Market Value
$208,021
Taxable Value
$4,235
Annual Tax
2024
$251,451
$417,749
2025
$258,743
$540,821
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $258,743 | $540,821 | $208,021 | $4,235 | $289,200 | $251,621 |
| 2024 | $251,451 | $417,749 | $201,451 | $4,101 | $216,900 | $200,849 |
About 16050 SW 242 ST, Miami-Dade County, FL 33031
16050 SW 242 ST, Miami-Dade County, FL 33031 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1968 with 1,473 square feet of living space on a 52,489 square foot lot. The property is currently owned by ALBERTO E PEDROSO ADRIENNE M PEDROSO, 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 2014-12-19 for $100, when RAUL I PEDROSO &W ROSA sold to ALBERTO E PEDROSO. The property sold for $137,900 less than the prior sale of $138,000 on 1995-07-01. There are 3 recorded sales for this property.
The 2025 assessed value is $258,743 with a market value of $540,821. This breaks down to $289,200 for the land and $251,621 for the building. The assessed value increased 3% from $251,451 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 1977 to 2014, with 3 recorded transactions in the public record..
Building Permits (3)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023147559 | electrical | F | — | ||
| W2023140710 | plumbing | F | — | ||
| C2023121497 | building | F | $20,850 |
Current Owner
ALBERTO E PEDROSO ADRIENNE M PEDROSO
16050 SW 242 ST, HOMESTEAD, FL, 33031
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,504 — $6,492
Flood $400 — $800
Property/Wind $3,104 — $5,692
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$97,395
Median Home Value$602,600
Pop. Density469/sq mi
Neighborhood 16050
100%
Owner-Occ
0%
Investor
4
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
34
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