3431 NW 16 TER, Miami, FL 33125

3431 NW 16 TER, Miami, FL 33125 is a 4-bedroom, 2.5-bathroom multifamily 2-9 units : 2 living units built in 1949 with 1,898 square feet of living space on a 5,400 square foot lot. The property is currently owned by JUAN CARLOS SUAREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 1996-07-01 for $85,000. The property has appreciated $45,000 (113%) since the prior sale of $40,000 on 1995-01-01. The 2025 assessed value is $186,257 with a market value of $447,127.

This breaks down to $253,800 for the land and $193,327 for the building. The assessed value increased 3% from $181,008 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $52,813, and the median home value is $363,100. The population density is 10,022 people per square mile. 3431 NW 16 TER, Miami, FL 33125 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records. The complete ownership history of this property spans from 1995 to 1996, with 2 recorded transactions in the public record. The current assessed value represents 219% 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 $45 per square foot — a key metric for comparing value across Miami's real estate market..