8385 NW 157 TER, Miami Lakes, FL 33016
Parcel: 3220150150360 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$565,647
Property Details
Beds
4
Baths
3
Living Sqft
3,433
Year Built
1991
Lot Sqft
21,800
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$490,000
1997-02-01
2
$600,000+22%
2001-07-01
3
$100non-market transfer
2025-01-17
RUBEN ALVAREZ &W RITA → RUBEN ALVAREZ TRS
4
N/A
2025-05-08
Tax Assessment History
$565,647
Assessed (2025)
$1,418,550
Market Value
$514,925
Taxable Value
$10,483
Annual Tax
2024
$549,706
$1,357,207
2025
$565,647
$1,418,550
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $565,647 | $1,418,550 | $514,925 | $10,483 | $872,000 | $546,550 |
| 2024 | $549,706 | $1,357,207 | $499,706 | $10,174 | $806,600 | $550,607 |
About 8385 NW 157 TER, Miami Lakes, FL 33016
8385 NW 157 TER, Miami Lakes, FL 33016 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 1991 with 3,433 square feet of living space on a 21,800 square foot lot. The property is currently owned by RUBEN ALVAREZ TRS RUBEN ALVAREZ AND RITA ALVAREZ, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 4 recorded sales for this property. The 2025 assessed value is $565,647 with a market value of $1,418,550. This breaks down to $872,000 for the land and $546,550 for the building.
The assessed value increased 3% from $549,706 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. There are active mortgage liens totaling $931,927 recorded against this property. 8385 NW 157 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 1997 to 2025, with 4 recorded transactions in the public record..
Building Permits (4)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| S1991053325 | electrical | expired | — | ||
| C1991048464 | building | expired | $24,000 | ||
| C1991048755 | plumbing | expired | — | ||
| C1991048821 | mechanical | expired | — |
Current Owner
RUBEN ALVAREZ TRS RUBEN ALVAREZ AND RITA ALVAREZ
8385 NW 157 TER, MIAMI LAKES, FL, 33016
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$6,056 — $10,981
Flood $400 — $800
Property/Wind $5,656 — $10,181
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
Mortgages
ACTIVE
$975,000
PCMA INC · 2022-07-06
Est. Total Balance $931,927
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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