16344 SW 275 TER, Miami-Dade County, FL 33031

16344 SW 275 TER, Miami-Dade County, FL 33031 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2001 with 2,485 square feet of living space on a 15,793 square foot lot. The property is currently owned by RIGOBERTO BANOS, 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 2016-09-28 for $275,700, when JAMES E SHAVER &W DONNA I sold to RIGOBERTO BANOS. The property has appreciated $4,200 (2%) since the prior sale of $271,500 on 2002-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $385,303 with a market value of $585,807. This breaks down to $230,948 for the land and $354,859 for the building. The assessed value increased 3% from $374,445 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 1999 to 2016, with 3 recorded transactions in the public record.

The current assessed value represents 140% 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 $111 per square foot — a key metric for comparing value across the area's real estate market..