Miami-Dade County  »  33125  »  NW 16th Ter  »  3240 NW 16th Ter

3240 Northwest 16th Terrace, Miami, FL 33125 Property Information

3240 Northwest 16th Terrace, Miami, FL 33125 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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3240 Northwest 16th Terrace, Miami, FL 33125
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Address

Primary address 3240 Northwest 16th Terrace, Miami
Zip code 33125
County Miami-Dade
Municipality Miami
Neighborhood Grapeland Heights
Parcel ID 0131330132850

Sales & Tax Overview for 3240 Northwest 16th Terrace, Miami

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

Sale date 12/26/2023
Sale price $747,000
Arm's length
Property tax $11,006

Lot & Building Information for 3240 Northwest 16th Terrace, Miami

Building sqft 2,488
Building class Residential - Single Family: 1 Unit (0101)
Acreage 0.124
Year built 1948
Stories 2
Units 1
Bedrooms 2
Bathrooms 1
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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 3240 Northwest 16th Terrace, Miami

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  • • Improvements for 3240 Northwest 16th Terrace, Miami , including their type, square footage, grade and when they were built.
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About 3240 Northwest 16th Terrace, Miami

What is the year built & the total sq. ft. for 3240 Northwest 16th Terrace, Miami, FL 33125?

3240 Northwest 16th Terrace, Miami, FL 33125 was built in 1948 and has a total of 2,488 square feet.

What is the assessed value of 3240 Northwest 16th Terrace, Miami, FL 33125 and the property tax paid?

Assessed at $550,620, the tax amount paid for 3240 Northwest 16th Terrace, Miami, FL 33125 is $11,005.

When was 3240 Northwest 16th Terrace, Miami, FL 33125 last sold and what was the last sale price?

3240 Northwest 16th Terrace, Miami, FL 33125 was last sold in 12/26/2023 for $747,000.

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 3240 Northwest 16th Terrace, Miami

Create a free account to view the complete sales history for 3240 Northwest 16th Terrace, Miami, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
12/26/2023 $747,000
01/26/2023 $350,000
08/06/2003 $100
       
       
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*Here are the three most recent sales for this property.


Title Documents for 3240 Northwest 16th 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
12/26/2023 - D
12/29/2023 - R
Mortgage 01/01/2054
12/26/2023 - D
12/29/2023 - R
Deed
01/26/2023 - D
01/27/2023 - R
Mortgage 01/19/2024
01/26/2023 - D
01/27/2023 - R
Deed
08/06/2003 - R Quit Claim Deed
02/15/1994 - R Notice of Commencement
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R: Recorded date
D: Document date

Property Taxes for 3240 Northwest 16th Terrace, Miami

Access detailed property tax data for 3240 Northwest 16th Terrace, Miami, FL 33125. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $11,006
Market value $550,620
Assessed value $550,620

Assessment History for 3240 Northwest 16th Terrace, Miami

Here's the assessment & property tax history for 3240 Northwest 16th 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
2024 $554,312 $554,312 20.0332 $11,105 +37.07%
2023 $433,273 $375,155 20.5564 $8,101 +11.90%
2022 $372,729 $341,050 20.6152 $7,240 +9.79%
2021 $310,982 $310,046 21.2466 $6,594 +9.84%
2020 $281,860 $281,860 21.2981 $6,003 +8.25%

Miami residential market stats

Median Sale Price
$530,000
1% YoY
Median Price/Sqft
$330
-4.3% 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

Create a free account to unlock extended information for 3240 Northwest 16th Terrace, Miami, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

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

Transportation

Access the detailed traffic volume map for 3240 Northwest 16th Terrace, Miami to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Kensington Park Elementary School 4 Public PK, K-5 922 0.71
Kensington Park Elementary School 4 Public PK, K-5 922 0.71
Watch ME Grow Learning Center II Inc NR Private K-3 121 0.92
La Progresiva Presbyterian School NR Private PK-12 697 1.03
La Progresiva Presbyterian School NR Private PK-12 697 1.03

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Miami Bridge North NR Public 7-11 4 0.51
La Progresiva Presbyterian School NR Private PK-12 697 1.03
St Michael the Archangel Catholic School NR Private K-8 297 1.08
St Michael-Archangel School NR Private PK-8 352 1.08
Ica Learning Centers of Americ NR Private 0 1.23

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Miami Bridge North NR Public 7-11 4 0.51
Green Springs High School Charter 1 Charter 9-12 547 0.74
La Progresiva Presbyterian School NR Private PK-12 697 1.03
Ica Learning Centers of Americ NR Private 0 1.23
Acceleration Academies LLC Hialeah NR Public 9-12 0 1.28

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

Neighbors for 3240 Northwest 16th Terrace, Miami

Here are the neighbors for 3240 Northwest 16th Terrace, Miami.

Address Square feet Purchase date Purchase price
3220 NW 16th Ter, Miami 2,164 10/11/2022 $10
1631 NW 33rd Ave, Miami 1,112 07/03/2000 $10
3277 NW 16th Ter, Miami 2,000 04/23/2024 $10
3260 NW 16th Ter, Miami 1,456 07/09/2021 $235,000
1621 NW 33rd Ave, Miami 896 11/18/2022 $10
3271 NW 16th Ter, Miami 1,345 08/20/1996 $98,500
1600 NW 32nd Ave, Miami 2,112 07/14/2004 $198,000
3268 NW 16th Ter, Miami 09/10/2021 $407,000
1651 NW 33rd Ave, Miami 1,854 03/29/2023 $10
1610 NW 32nd Ave, Miami 1,591 06/11/2024 $585,000
3250 NW 16th Ter, Miami 1,176 04/23/2024 $0
3295 NW 16th Ter, Miami 1,772 12/20/1994 $95,000
1630 NW 32nd Ave, Miami 2,082 02/13/2024 $1
3211 NW 16th St, Miami 1,930 11/23/1977
3221 NW 16th St, Miami 1,609 10/17/2024 $10
3261 NW 16th Ter, Miami 1,034 10/28/2008 $10
3210 NW 16th Ter, Miami 1,389 04/30/2025 $10
1620 NW 32nd Ave, Miami 2,075 08/27/2015 $262,500
3231 NW 16th St, Miami 1,645 10/10/2025 $10
3241 NW 16th St, Miami 2,309 01/01/1901

Nearby ZIP Codes for 3240 Northwest 16th Terrace, Miami

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