16880 SW 278 ST, Miami-Dade County, FL 33031

16880 SW 278 ST, Miami-Dade County, FL 33031 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1987 with 2,135 square feet of living space on a 39,988 square foot lot. The property is currently owned by OLLANTAY RAFAEL DEMOYA FANNY YANETH DEMOYA, 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 2017-09-28 for $389,000, when NEVILLE J BAIRD &W DAWN L sold to OLLANTAY RAFAEL DEMOYA. The property has appreciated $224,000 (136%) since the prior sale of $165,000 on 1998-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $229,501 with a market value of $636,992. This breaks down to $339,898 for the land and $297,094 for the building. The assessed value increased 3% from $223,034 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential. Flood insurance is typically required.

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 1992 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 59% 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 $182 per square foot — a key metric for comparing value across the area's real estate market..