16620 SW 294 TER, Homestead, FL 33033

16620 SW 294 TER, Homestead, FL 33033 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1971 with 1,657 square feet of living space on a 14,932 square foot lot. The property is currently owned by REINALDO CARBALLO &W ADELA, 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 2004-08-01 for $230,000. The 2025 assessed value is $194,298 with a market value of $474,840. This breaks down to $209,048 for the land and $265,792 for the building.

The assessed value increased 3% from $188,823 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 $82,820, and the median home value is $416,700. The population density is 1,866 people per square mile.

There are active mortgage liens totaling $289,194 recorded against this property. 16620 SW 294 TER, Homestead, FL 33033 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records.

The current assessed value represents 84% of the most recent sale price. Based on the most recent sale, this property traded at $139 per square foot — a key metric for comparing value across Homestead's real estate market..