16343 SW 256 ST, Miami-Dade County, FL 33031

16343 SW 256 ST, Miami-Dade County, FL 33031 is a 5-bedroom, 3.5-bathroom impr agri : residential - single family built in 1984 with 5,236 square feet of living space on a 211,701 square foot lot. The property is currently owned by WILLIAM WAINRIGHT RILEY JR AYMARA DIEGUEZ RILEY, 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 2018-11-30 for $799,000, when ROBERT L SUH sold to WILLIAM WAINRIGHT RILEY JR. The property has appreciated $84,000 (12%) since the prior sale of $715,000 on 2014-09-15. There are 3 recorded sales for this property.

The 2025 assessed value is $473,111 with a market value of $1,470,658. This breaks down to $753,300 for the land and $717,358 for the building. The assessed value increased 20% from $393,647 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. There are active mortgage liens totaling $1,233,190 recorded against this property.

The complete ownership history of this property spans from 2014 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 59% 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 $153 per square foot — a key metric for comparing value across the area's real estate market..