8541 NW 163 TER, Miami Lakes, FL 33016

8541 NW 163 TER, Miami Lakes, FL 33016 is a 4-bedroom, 3-bathroom residential - single family : 1 unit built in 2001 with 2,612 square feet of living space on a 7,524 square foot lot. The property is currently owned by ORLANDO PRESCOTT &W MICHELLE, 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 2001-04-01 for $277,800. The property sold for $1,372,200 less than the prior sale of $1,650,000 on 1999-05-01. The 2025 assessed value is $406,439 with a market value of $712,368.

This breaks down to $300,960 for the land and $411,408 for the building. The assessed value increased 3% from $394,985 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. 8541 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 1999 to 2001, with 2 recorded transactions in the public record. The current assessed value represents 146% 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 $106 per square foot — a key metric for comparing value across Miami Lakes's real estate market..