16300 SW 264 ST, Miami-Dade County, FL 33031

16300 SW 264 ST, Miami-Dade County, FL 33031 is a impr agri - not homesites : warehouse or storage built in 2006 with 4,800 square feet of living space on a 435,600 square foot lot. The property is currently owned by IBRAHIM INVESTMENTS 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 2021-05-12 for $950,000, when GLOBE FARM LLC sold to IBRAHIM INVESTMENTS LLC. The property has appreciated $949,900 (949900%) since the prior sale of $100 on 2017-04-07. There are 3 recorded sales for this property.

The 2025 assessed value is $171,798 with a market value of $1,146,798. This breaks down to $1,000,000 for the land and $146,798 for the building. The assessed value decreased 1% from $173,596 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 2016 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 18% 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 $198 per square foot — a key metric for comparing value across the area's real estate market..