Miami-Dade County  »  33156  »  SW 116th Ter  »  7381 SW 116th Ter

7381 Southwest 116th Terrace, Miami, FL 33156 Property Information

7381 Southwest 116th Terrace, Miami, FL 33156 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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7381 Southwest 116th Terrace, Miami, FL 33156
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Address

Primary address 7381 Southwest 116th Terrace, Miami
Zip code 33156
County Miami-Dade
Municipality Pinecrest
Neighborhood Montgomery East - Palmetto East
Parcel ID 2050110220190

Sales & Tax Overview for 7381 Southwest 116th Terrace, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/07/2025
Sale price $10
Arm's length
Current property tax $9,861

Lot & Building Information for 7381 Southwest 116th Terrace, Miami

Building sqft 4,194
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.344
Year built 1962
Stories 1
Units 1
Bedrooms 3
Bathrooms 3
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 7381 Southwest 116th Terrace, Miami

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  • • Improvements for 7381 Southwest 116th Terrace, Miami , including their type, square footage, grade and when they were built.
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About 7381 Southwest 116th Terrace, Miami

What is the year built & the total sq. ft. for 7381 Southwest 116th Terrace, Miami, FL 33156?

7381 Southwest 116th Terrace, Miami, FL 33156 was built in 1962 and has a total of 4,194 square feet.

What is the assessed value of 7381 Southwest 116th Terrace, Miami, FL 33156 and the property tax paid?

Assessed at $603,633, the tax amount paid for 7381 Southwest 116th Terrace, Miami, FL 33156 is $14,483.

When was 7381 Southwest 116th Terrace, Miami, FL 33156 last sold and what was the last sale price?

7381 Southwest 116th Terrace, Miami, FL 33156 was last sold in 10/07/2025 for $10.

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 7381 Southwest 116th Terrace, Miami

Create a free account to view the complete sales history for 7381 Southwest 116th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
10/07/2025 $10
06/16/2004 $660,000
02/24/2000 $350,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 7381 Southwest 116th Terrace, Miami

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
10/07/2025 - D
10/10/2025 - R
Deed
10/08/2021 - D
10/15/2021 - R
Release of Mortgage
09/24/2021 - D
09/30/2021 - R
Mortgage 10/01/2036
06/16/2004 - R Warranty Deed
02/24/2000 - D
02/17/2000 - R
Mortgage
02/24/2000 - D
02/17/2000 - R
Deed
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R: Recorded date
D: Document date

Property Taxes for 7381 Southwest 116th Terrace, Miami

Access detailed property tax data for 7381 Southwest 116th Terrace, Miami, FL 33156. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $14,483
Current property tax $9,861
Market value $1,192,208
Assessed value $603,633

Assessment History for 7381 Southwest 116th Terrace, Miami

Here's the assessment & property tax history for 7381 Southwest 116th Terrace, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $1,192,208 $603,633 17.5257 $14,483 -0.14%
2024 $1,238,383 $586,621 17.3897 $14,504 +6.27%
2023 $1,119,557 $569,535 17.4951 $13,649 +16.70%
2022 $860,722 $552,947 17.4843 $11,696 +6.72%
2021 $719,614 $536,842 18.0273 $10,959 -6.10%

Miami residential market stats

Median Sale Price
$519,900
-1% YoY
Median Price/Sqft
$333
1.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

Access a detailed real estate market overview of Miami so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami and compare it to other neighborhoods in Miami-Dade County.

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Risk

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FEMA flood zone(s) AE (See more on map)

Transportation

Access the detailed traffic volume map for 7381 Southwest 116th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Miami Palmetto Senior High Adult NR Public 0 0.20
Palmetto Elementary School 10 Public PK, K-5 666 0.62
Palmetto Elementary School 10 Public PK, K-5 666 0.62
The Roig Academy NR Private PK, K-8 52 0.71
The Roig Academy NR Private PK, K-8 52 0.71

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Miami Palmetto Senior High Adult NR Public 0 0.20
Miami Palmetto Senior High School 6 Public 8-12 2,671 0.21
Palmetto Middle School 6 Public 6-8 838 0.71
The Roig Academy NR Private PK, K-8 52 0.71
Vineland K-8 Center 10 Public PK, K-8 740 1.12

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Miami Palmetto Senior High Adult NR Public 0 0.20
Miami Palmetto Senior High School 6 Public 8-12 2,671 0.21
American Academy of Pinecrest NR Private 9-12 0 1.20
Xceed Preparatory Academy (Miami) NR Private 6-12 33 1.44
Fusion Academy - Miami NR Private 7-12 41 1.54

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 7381 Southwest 116th Terrace, Miami

Here are the neighbors for 7381 Southwest 116th Terrace, Miami.

Address Square feet Purchase date Purchase price
7361 SW 116th Ter, Miami 2,473 10/31/2023 $10
11800 SW 72nd Pl, Miami 2,851 06/23/2016 $785,000
11900 SW 72nd Pl, Miami 3,874 03/04/2026 $2,012,500
7301 SW 116th Ter, Miami 4,257 05/07/2009 $450,000
7331 SW 117th Ter, Miami 2,632 07/06/2000 $330,000
7391 SW 117th Ter, Miami 4,160 09/12/2012 $495,000
11890 SW 72nd Pl, Miami 3,168 07/06/1995 $237,000
7300 SW 116th Ter, Miami 3,493 02/05/2026 $1,565,000
7301 SW 117th Ter, Miami 3,720 05/18/1988
7360 SW 116th Ter, Miami 3,196 09/14/1987
11850 SW 72nd Pl, Miami 4,678 08/18/2007 $10
7391 SW 116th Ter, Miami 3,652 07/07/2007 $10
7381 SW 117th Ter, Miami 2,711 11/13/2025 $10
7361 SW 117th Ter, Miami 2,902 07/11/2025 $10
7330 SW 116th Ter, Miami 3,060 02/06/2015 $10
7331 SW 116th Ter, Miami 3,626 12/29/1998 $290,000
11950 SW 72nd Pl, Miami 3,463 08/01/2013 $650,000
7300 SW 116th St, Miami 2,877 04/30/2025 $1,400,000
7291 SW 117th Ter, Miami 3,983 11/03/1997 $315,000
7330 SW 116th St, Miami 3,196 01/30/1979

Nearby ZIP Codes for 7381 Southwest 116th Terrace, Miami

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