16950 SW 302 TER, Miami-Dade County, FL 33030

16950 SW 302 TER, Miami-Dade County, FL 33030 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1954 with 1,358 square feet of living space on a 7,875 square foot lot. The property is currently owned by R & M HOME INVESTMENT LLC TRS LAND TRUST 16950 SW 302 TERRACE, 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 2013-07-02 for $64,000, when KURZIM GROUP LLC TRS sold to R & M HOME INVESTMENT LLC TRS. The property has appreciated $800 (1%) since the prior sale of $63,200 on 2013-05-07. There are 3 recorded sales for this property.

The 2025 assessed value is $191,667 with a market value of $304,127. This breaks down to $176,812 for the land and $127,315 for the building. The assessed value increased 12% from $170,440 in 2024.

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. The complete ownership history of this property spans from 1994 to 2013, with 3 recorded transactions in the public record. The current assessed value represents 299% 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 $47 per square foot — a key metric for comparing value across the area's real estate market..