16161 SW 304 TER, Homestead, FL 33033

Parcel: 3079080240150 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$104,087

Property Details

Beds
4
Baths
2
Living Sqft
1,527
Year Built
1994
Lot Sqft
7,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$66,000
1994-02-01
2
N/Anon-market transfer
2000-04-01
3
$77,900
2000-06-01

Tax Assessment History

$104,087
Assessed (2025)
$407,395
Market Value
$53,365
Taxable Value
$1,086
Annual Tax
2024
$66,780
$346,213
2025
$104,087
$407,395
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $104,087 $407,395 $53,365 $1,086
2024 $66,780 $346,213 $25,000 $509

About 16161 SW 304 TER, Homestead, FL 33033

16161 SW 304 TER, Homestead, FL 33033 is a 4-bedroom, 2-bathroom residential - single family : residential - total value built in 1994 with 1,527 square feet of living space on a 7,875 square foot lot. The property is currently owned by WILMER H MARTINEZ &W YESSENIA E, 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 2000-06-01 for $77,900. There are 3 recorded sales for this property. The 2025 assessed value is $104,087 with a market value of $407,395.

This breaks down to $192,188 for the land and $215,207 for the building. The assessed value increased 56% from $66,780 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. 16161 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 2000, with 3 recorded transactions in the public record. The current assessed value represents 134% 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 $51 per square foot — a key metric for comparing value across Homestead's real estate market..

Building Permits (4)

Permit #TypeStatusCost
C1991008158 mechanical expired
S1988015595 electrical expired
C1987027917 mechanical expired
N1987027915 plumbing expired

Current Owner

WILMER H MARTINEZ &W YESSENIA E
16161 SW 304 TERR, HOMESTEAD, FL, 33033-4239
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 16161

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
29
View full risk analysis →
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