16553 SW 298 TER, Homestead, FL 33033

16553 SW 298 TER, Homestead, FL 33033 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1992 with 1,878 square feet of living space on a 7,513 square foot lot. The property is currently owned by JESSICA MAY, 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 2023-01-24 for $133,926. The property sold for $74 less than the prior sale of $134,000 on 2023-01-07. There are 4 recorded sales for this property.

The 2025 assessed value is $391,483 with a market value of $391,483. This breaks down to $172,650 for the land and $218,833 for the building. The assessed value decreased 4% from $406,717 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 $82,820, and the median home value is $416,700. The population density is 1,866 people per square mile. There are active mortgage liens totaling $259,570 recorded against this property.

16553 SW 298 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 2016 to 2023, with 4 recorded transactions in the public record.

The current assessed value represents 292% 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 $71 per square foot — a key metric for comparing value across Homestead's real estate market..