16 TER, FL, FL 333042938
Parcel: 504202240030 · 01 · Zoning:
Assessed Value (2026)
$858,320
Property Details
Year Built
1953
Lot Sqft
8,588
Sales History
1
$100non-market transfer
2020-12-03
2
$890,000
2024-01-23
3
$890,000
2024-01-31
Tax Assessment History
$858,320
Assessed (2026)
$858,320
Market Value
$858,320
Taxable Value
$17,475
Annual Tax
2025
$384,698
$0
2026
$858,320
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $858,320 | $858,320 | $858,320 | $17,475 | $214,700 | $643,620 |
| 2025 | $384,698 | $ | $162,590 | $3,310 | $214,700 | $527,550 |
About 16 TER, FL, FL 333042938
16 TER, FL, FL 333042938 is a property built in 1953 on a 8,588 square foot lot. The property is currently owned by 623 NE 16 TERRACE LLC, recorded as of 2026-03-30. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2024-01-31 for $890,000. There are 3 recorded sales for this property. The 2026 assessed value is $858,320 with a market value of $858,320.
This breaks down to $214,700 for the land and $643,620 for the building. The assessed value increased 123% from $384,698 in 2025. The property has the following tax exemptions: homestead.
16 TER, FL, FL 333042938 is located in FL, Florida. Property records, tax assessments, sales history, and ownership information for this FL property are sourced from broward County public records. The complete ownership history of this property spans from 2020 to 2024, with 3 recorded transactions in the public record.
The current assessed value represents 96% of the most recent sale price..
Current Owner
623 NE 16 TERRACE LLC
12688 S STONEBROOK CIR, DAVIE, FL, 33330
Since: 2026-03-30
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Est. Annual Insurance
$10,184 — $18,738
Flood $400 — $800
Property/Wind $9,784 — $17,938
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 33304
40.9%
Owner-Occ
59.1%
Investor
193
Flips (4yr)
4,719
New Biz (3yr)
Distress Risk
ELEVATED
56