16031 SW 304 TER, Homestead, FL 33033

Parcel: 3079080240100 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$77,264

Property Details

Beds
3
Baths
2
Living Sqft
1,552
Year Built
1996
Lot Sqft
7,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$35,000
1994-12-01
2
$71,000+103%
1996-07-01

Tax Assessment History

$77,264
Assessed (2025)
$389,123
Market Value
$26,542
Taxable Value
$540
Annual Tax
2024
$73,351
$361,677
2025
$77,264
$389,123
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $77,264 $389,123 $26,542 $540
2024 $73,351 $361,677 $25,000 $509

About 16031 SW 304 TER, Homestead, FL 33033

16031 SW 304 TER, Homestead, FL 33033 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 1996 with 1,552 square feet of living space on a 7,875 square foot lot. The property is currently owned by POMPILIO MARTINEZ &W GLADYS DEL C, 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 1996-07-01 for $71,000. The property has appreciated $36,000 (103%) since the prior sale of $35,000 on 1994-12-01. The 2025 assessed value is $77,264 with a market value of $389,123.

This breaks down to $192,188 for the land and $196,935 for the building. The assessed value increased 5% from $73,351 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 $49,375, and the median home value is $360,400.

The population density is 4,842 people per square mile. 16031 SW 304 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 1994 to 1996, with 2 recorded transactions in the public record. The current assessed value represents 109% of the most recent sale price. Based on the most recent sale, this property traded at $46 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (1)

Permit #TypeStatusCost
S1992037434 building expired $11,350

Current Owner

POMPILIO MARTINEZ &W GLADYS DEL C
16031 SW 304 TERR, MIAMI, FL, 33033-4231
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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$49,375
Median Home Value$360,400
Pop. Density4,842/sq mi

Neighborhood 16031

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
View full risk analysis →
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