16031 SW 305 TER, Homestead, FL 33033

16031 SW 305 TER, Homestead, FL 33033 is a 3-bedroom, 1-bathroom residential - single family : residential - total value built in 1985 with 1,311 square feet of living space on a 7,875 square foot lot. The property is currently owned by MARTHA LLOYD, 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 1994-02-01 for $55,000. There are 3 recorded sales for this property. The 2025 assessed value is $59,783 with a market value of $333,225.

This breaks down to $192,188 for the land and $141,037 for the building. The assessed value increased 3% from $58,099 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. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

16031 SW 305 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 1990 to 1994, with 3 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 $42 per square foot — a key metric for comparing value across Homestead's real estate market..