16497 SW 288 LN, Homestead, FL 33033

Parcel: 3079050340100 · Residential - Single Family · 1 Unit · Zoning: 2200

Assessed Value (2025)
$298,485

Property Details

Beds
5
Baths
3
Living Sqft
2,600
Year Built
2006
Lot Sqft
25,002
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$429,185
2006-08-01
2
$530,000+23%
2006-10-01

Tax Assessment History

$298,485
Assessed (2025)
$629,416
Market Value
$247,763
Taxable Value
$5,044
Annual Tax
2024
$283,460
$623,931
2025
$298,485
$629,416
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $298,485 $629,416 $247,763 $5,044
2024 $283,460 $623,931 $233,460 $4,753

About 16497 SW 288 LN, Homestead, FL 33033

16497 SW 288 LN, Homestead, FL 33033 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2006 with 2,600 square feet of living space on a 25,002 square foot lot. The property is currently owned by AHMAD A SANKAR &W SUSAN A SANKAR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2006-10-01 for $530,000. The property has appreciated $100,815 (23%) since the prior sale of $429,185 on 2006-08-01. The 2025 assessed value is $298,485 with a market value of $629,416.

This breaks down to $225,009 for the land and $404,407 for the building. The assessed value increased 5% from $283,460 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. 16497 SW 288 LN, 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 2006 to 2006, with 2 recorded transactions in the public record. The current assessed value represents 56% 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 $204 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
C2025097865 zips F

Current Owner

AHMAD A SANKAR &W SUSAN A SANKAR
16581 SW 288 LN, HOMESTEAD, FL, 33030
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$2,190 — $3,800
Flood $400 — $800
Property/Wind $1,790 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$82,820
Median Home Value$416,700
Pop. Density1,866/sq mi

Neighborhood 16497

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
LOW
10
View full risk analysis →
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