16590 SW 248 ST, Miami-Dade County, FL 33031

16590 SW 248 ST, Miami-Dade County, FL 33031 is a 2-bedroom, 1-bathroom impr agri : residential - single family built in 1920 with 2,268 square feet of living space on a 46,609 square foot lot. The property is currently owned by ELSA CRUZ LABRADA, 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 2020-10-14 for $213,200, when OPEN BIBLE TEMPLE INC sold to ELSA CRUZ LABRADA. The property sold for $86,800 less than the prior sale of $300,000 on 2004-10-01. There are 3 recorded sales for this property.

The 2025 assessed value is $296,141 with a market value of $488,237. This breaks down to $256,800 for the land and $231,437 for the building. The assessed value increased 5% from $282,353 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 2004 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 139% 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 $94 per square foot — a key metric for comparing value across the area's real estate market..