8525 NW 166 TER, Miami Lakes, FL 33016

8525 NW 166 TER, Miami Lakes, FL 33016 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1993 with 3,373 square feet of living space on a 8,500 square foot lot. The property is currently owned by NORTHERN TRUST BANK AS GDN FOR LUIS MELO, 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 2001-01-01 for $445,000. There are 3 recorded sales for this property. The 2025 assessed value is $562,888 with a market value of $937,086.

This breaks down to $425,000 for the land and $512,086 for the building. The assessed value increased 3% from $547,025 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. 8525 NW 166 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 1996 to 2001, with 3 recorded transactions in the public record. The current assessed value represents 126% 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 $132 per square foot — a key metric for comparing value across Miami Lakes's real estate market..