16331 SW 290 TER, Homestead, FL 33033

16331 SW 290 TER, Homestead, FL 33033 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2023 with 2,640 square feet of living space on a 5,956 square foot lot. The property is currently owned by FERNANDO CARLO VARGAS MARTINEZ YAMILET MAYRIN DIAZ SANTIAGO, 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 2023-11-21 for $1,844,100. The property has appreciated $1,218,800 (195%) since the prior sale of $625,300 on 2023-09-28. There are 5 recorded sales for this property.

The 2025 assessed value is $511,495 with a market value of $511,495. This breaks down to $148,900 for the land and $362,595 for the building. The assessed value decreased 1% from $515,157 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. 16331 SW 290 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 2023 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 28% 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 $699 per square foot — a key metric for comparing value across Homestead's real estate market..