7883 NW 166 TER, Miami Lakes, FL 33016

7883 NW 166 TER, Miami Lakes, FL 33016 is a 3-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2002 with 2,968 square feet of living space on a 8,379 square foot lot. The property is currently owned by RENE FORMOSO &W MIRIAM, 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 1999-05-01 for $53,000. The 2025 assessed value is $402,582 with a market value of $769,610. This breaks down to $317,580 for the land and $452,030 for the building.

The assessed value increased 3% from $391,237 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. 7883 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 current assessed value represents 760% 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 $18 per square foot — a key metric for comparing value across Miami Lakes's real estate market..