16300 SW 278 ST, Miami-Dade County, FL 33031

16300 SW 278 ST, Miami-Dade County, FL 33031 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,406 square feet of living space on a 15,720 square foot lot. The property is currently owned by TODD J SMITH, 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 2014-04-24 for $13,500, when TODD J SMITH sold to TODD J SMITH. The property sold for $276,500 less than the prior sale of $290,000 on 2007-08-01. The 2025 assessed value is $183,442 with a market value of $451,596.

This breaks down to $230,400 for the land and $221,196 for the building. The assessed value increased 3% from $178,273 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 $129,808, and the median home value is $493,800.

The population density is 2,220 people per square mile. The complete ownership history of this property spans from 2007 to 2014, with 2 recorded transactions in the public record. The current assessed value represents 1359% 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 $10 per square foot — a key metric for comparing value across the area's real estate market..