Miami-Dade County  »  33125  »  NW 16th Ave  »  625 NW 16th Ave

625 Northwest 16th Avenue, Miami, FL 33125 Property Information

625 Northwest 16th Avenue, Miami, FL 33125 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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625 Northwest 16th Avenue, Miami, FL 33125
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Address

Primary address 625 Northwest 16th Avenue, Miami
Zip code 33125
County Miami-Dade
Municipality Miami
Neighborhood Little Havana
Parcel ID 0141020055660

Sales & Tax Overview for 625 Northwest 16th Avenue, Miami

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

Sale date 02/24/2023
Sale price $5,500,000
Arm's length
Property tax $77,534

Lot & Building Information for 625 Northwest 16th Avenue, Miami

Building sqft 15,806
Total sqft 17,380
Building class Office Building
Acreage 0.62
Buildings on lot 3
Year built 1926
Stories 1
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 625 Northwest 16th Avenue, Miami

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  • • Improvements for 625 Northwest 16th Avenue, Miami , including their type, square footage, grade and when they were built.
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About 625 Northwest 16th Avenue, Miami

How many sq. ft. does 625 Northwest 16th Avenue, Miami, FL 33125 have & what is the price per sq. ft?

This Office Building (SCILSO) located at 625 Northwest 16th Avenue, Miami, FL 33125 has a total of 15,806 square feet and a current price per square foot of $347.

What is the year built & the current market value of 625 Northwest 16th Avenue, Miami, FL 33125?

625 Northwest 16th Avenue, Miami, FL 33125 was built in 1926 and has a current tax assessor's market value of $3,879,078.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 625 Northwest 16th Avenue, Miami

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Purchase date Purchase price Buyer name Seller name
02/24/2023 $5,500,000
11/24/1993 $618,000
       
       
       
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Title Documents for 625 Northwest 16th Avenue, Miami

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Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
02/24/2023 - D
02/27/2023 - R
Mortgage
02/24/2023 - D
02/27/2023 - R
Deed
09/28/2004 - R Mortgage
04/23/2002 - R Mortgage
01/02/2001 - D
12/21/2000 - R
Mortgage
11/24/1993 - R Mortgage
11/24/1993 - R Warranty Deed
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R: Recorded date
D: Document date

Property Taxes for 625 Northwest 16th Avenue, Miami

Access detailed property tax data for 625 Northwest 16th Avenue, Miami, FL 33125. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $77,534
Market value $3,879,078
Assessed value $3,879,078

Assessment History for 625 Northwest 16th Avenue, Miami

Here's the assessment & property tax history for 625 Northwest 16th Avenue, 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 $3,879,078 $3,879,078 19.9878 $77,534 -0.36%
2024 $3,884,281 $3,884,281 20.0332 $77,815 +80.96%
2023 $2,710,000 $1,793,000 20.5564 $43,001 +27.97%
2022 $1,630,000 $1,630,000 20.6152 $33,603 -2.97%
2021 $1,630,000 $1,630,000 21.2466 $34,632 -0.24%

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

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Demographics by Zip Code

Total population 56,897
Median age 42.8
Average household income $80,470
Family households 60.9%
Occupied housing units 21,616
Owner occupied units 26.0%
Average number of people per household 2.56
Median year structure built 1969
Median value for units with a mortgage $428,800
Median value for units without a mortgage $417,200

Risk

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

Transportation

Access the detailed traffic volume map for 625 Northwest 16th Avenue, 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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Neighbors for 625 Northwest 16th Avenue, Miami

Here are the neighbors for 625 Northwest 16th Avenue, Miami.

Address Square feet Purchase date Purchase price
1351 NW 6th St, Miami 1,894 05/19/2023 $1,250,000
1610 NW 6th St, Miami
1628 NW 6th St, Miami 02/12/2013 $10
1653 NW 5th St, Miami 12/08/2022 $10
1641 NW 5th St, Miami 09/03/2021 $1,236,000
1649 NW 5th St, Miami 11/07/2011 $10
1381 NW 6th St, Miami 2,268 08/22/2023 $1,400,000
1371 NW 6th St, Miami 1,992 10/16/2023 $1,425,000
1651 NW 5th St, Miami 08/04/2021 $2,500,000
611 NW 14th Ave, Miami 4,872 07/25/2013 $450,000
601 NW 17th Ave, Miami 900 07/19/2004 $10
1329 NW 6th St, Miami 2,099 10/25/2022 $925,000
1644 NW 6th St, Miami 06/05/2023 $1,000,000
1700 NW 7th St, Miami 2,993 01/15/2026 $1,000,000
1333 NW 6th St, Miami 2,670 10/25/2022 $925,000
1361 NW 6th St, Miami 1,992 03/02/2026 $1,884,000
1390 NW 7th St, Miami 7,074 01/06/2023 $5,300,000
1600 NW 7th St, Miami
1301 NW 6th St, Miami 2,189
1358 NW 7th St, Miami 07/28/2006 $430,306

Nearby ZIP Codes for 625 Northwest 16th Avenue, Miami

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