16540 SW 294 TER, Homestead, FL 33033

16540 SW 294 TER, Homestead, FL 33033 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1991 with 2,031 square feet of living space on a 10,000 square foot lot. The property is currently owned by JAMES D AZEVEDO &W MICHELLE, 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 2001-07-01 for $138,000. The property has appreciated $119,500 (646%) since the prior sale of $18,500 on 1990-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $173,067 with a market value of $444,129. This breaks down to $201,250 for the land and $242,879 for the building. The assessed value increased 3% from $168,190 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 $315,802 recorded against this property.

16540 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 complete ownership history of this property spans from 1984 to 2001, with 3 recorded transactions in the public record.

The current assessed value represents 125% 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 $68 per square foot — a key metric for comparing value across Homestead's real estate market..