7914 NW 163 TER, Miami Lakes, FL 33016

Parcel: 3220150090290 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$504,758

Property Details

Beds
5
Baths
3
Living Sqft
3,532
Year Built
2000
Lot Sqft
8,009
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$69,300
1987-07-01
2
$67,000-3%
1999-02-01
3
$332,000+396%
2000-11-01

Tax Assessment History

$504,758
Assessed (2025)
$950,438
Market Value
$454,036
Taxable Value
$9,244
Annual Tax
2024
$490,533
$927,503
2025
$504,758
$950,438
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $504,758 $950,438 $454,036 $9,244
2024 $490,533 $927,503 $440,533 $8,969

About 7914 NW 163 TER, Miami Lakes, FL 33016

7914 NW 163 TER, Miami Lakes, FL 33016 is a 5-bedroom, 3-bathroom residential - single family : 1 unit built in 2000 with 3,532 square feet of living space on a 8,009 square foot lot. The property is currently owned by FAUSTINO MUGICA &W OFELIA S, 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 2000-11-01 for $332,000. The property has appreciated $265,000 (396%) since the prior sale of $67,000 on 1999-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $504,758 with a market value of $950,438. This breaks down to $380,428 for the land and $570,010 for the building. The assessed value increased 3% from $490,533 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $159,174, and the median home value is $760,400. The population density is 4,787 people per square mile.

7914 NW 163 TER, Miami Lakes, FL 33016 is located in Miami Lakes, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Lakes property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1987 to 2000, with 3 recorded transactions in the public record.

The current assessed value represents 152% 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 $94 per square foot — a key metric for comparing value across Miami Lakes's real estate market..

Current Owner

FAUSTINO MUGICA &W OFELIA S
7914 NW 163 TERR, MIAMI LAKES, FL, 33016-6100
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,438 — $7,866
Flood $400 — $800
Property/Wind $4,038 — $7,066

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$159,174
Median Home Value$760,400
Pop. Density4,787/sq mi

Neighborhood 33016

24.3%
Owner-Occ
75.7%
Investor
127
Flips (4yr)
6,508
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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