Miami-Dade County  »  33145  »  SW 16th Ter  »  3431 SW 16th Ter

3431 Southwest 16th Terrace, Miami, FL 33145 - Property report

Also known as: 3431 SW 16th Ter

Property image for 3431 Southwest 16th Terrace, Miami, FL 33145
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Property type

Multifamily 2-9 Units: 2 Living Units (0802)

Year built

2024

Acreage

0.123

Sale price

$1,740,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
3431 Southwest 16th Terrace
ZIP code
33145
County
Miami-Dade
Municipality
01
Neighborhood
014109074
Parcel ID
0141090740040

Owner

Find out who owns 3431 Southwest 16th Terrace, Miami, FL 33145. Uncover corporate and individual owners with a free account.

Sales
Sale date
07/02/2026
Sale price
$1,740,000
Arm's length
Tax
Tax year
2025
Current property tax
$28,723
Building
Property type
Multifamily 2-9 Units: 2 Living Units (0802)
Building sq. ft.
4,366
Buildings on lot
1
Stories
2
Year built
2024
Bedrooms
6
Bathrooms
4
Lot
Acreage
0.123
Zoning & Use
Zoning
Suburban Zone (T3-O)
Qualified opportunity zone
Units
2

Area overview

Walk score
76 /100.  Very Walkable
Transit score
42 /100.  Some Transit
Bike score
68 /100.  Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 3431 Southwest 16th Terrace, Miami, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 3431 Southwest 16th Terrace, Miami, FL 33145

Sale date Sale price Buyer name Seller name
07/02/2026 $1,740,000 XXXXXXX XXXXXX XXX XXXXXXX XXX
02/02/2022 $430,000 XXX XXXXXXX XXX XXXXXXXX XXX
02/01/2021 $365,000 XXXXXXXX XXX XXXXX XXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
07/10/2026 - R
07/02/2026 - D
Mortgage XXXXXXX XXXXXX XXXXXXXX XXXXX XXXX XX
07/10/2026 - R
07/02/2026 - D
Deed XXX XXXXXXX XXX XXXXXXX XXXXXX
03/21/2025 - R
03/17/2025 - D
Mortgage XXX XXXXXXX XXX XXXXXXX XXXXXXXX XXX
11/22/2024 - R
11/20/2024 - D
Mortgage XXX XXXXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
10/11/2024 - D
10/11/2024 - R
Assignment of Mortgage XXX XXXXXXX XXXXXXX XX XXXX XXXXXXXXX XXX
10/11/2024 - D
10/11/2024 - R
Assignment of Mortgage XXX XXXXXXX XXXXXXX XXX XXXXXXX XXXX XXX
02/05/2024 - D
02/05/2024 - R
Mortgage XXX XXXXXXX XXX XXX XXXXXXX XXXXXXX
09/06/2023 - R
08/29/2023 - D
Mortgage XXX XXXXXXX XXX XXXXXXX XXXXXXXX XXX
05/02/2022 - R
03/22/2022 - D
Assignment of Mortgage XXX XXXXXXX XXXXXXX XXXXXXX XXXXXX XXXXXXXXX XXXXX
02/07/2022 - R
02/03/2022 - D
Satisfaction of Mortgage XXXXXXXX XXX XXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 3431 Southwest 16th Terrace, Miami, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Property tax
$28,723
Recent tax assessments
Market value
$1,437,026
Land value
$386,928
Building value
$1,050,098
Assessed value
$1,437,026

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $1,437,026 $1,437,026 19.9878 $28,723 +298.89%
2024 $366,563 $355,944 20.0332 $7,201 -12.38%
2023 $399,798 $399,798 20.5564 $8,218 +20.81%
2022 $329,979 $329,979 20.6152 $6,803 +25.88%
2021 $273,969 $244,674 21.2466 $5,404 -10.96%
2020 $284,966 $222,431 21.2981 $6,069 -1.95%
2019 $289,981 $202,210 21.3464 $6,190 +9.91%
2018 $268,894 $183,828 20.9454 $5,632 +16.97%
2017 $227,291 $167,117 21.1842 $4,815 +16.14%
2016 $189,952 $151,925 21.8256 $4,146 +9.87%

Permit information for 3431 Southwest 16th Terrace, Miami, FL

No recently recorded permits for this property.

Miami residential market stats

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.

Median sale price

$535,000

-1.8% Y-o-Y

Median price/sq. ft.

$335

-0.6% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map

Access the detailed traffic volume map for 3431 Southwest 16th Terrace, Miami, FL 33145 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Jose Marti School #2 NR Private 4-8 80 0.32
Coral Gables Preparatory Academy 9 Public PK, K-8 862 0.46
Coral Gables Preparatory Academy 9 Public PK, K-8 862 0.46
Our Lady of Fatima Academy NR Private 3-6, 9-11 0 0.51
Auburndale Elementary School 4 Public PK, K-5 706 0.73
Auburndale Elementary School 4 Public PK, K-5 706 0.73
Jose Marti School 1 NR Private K-3 50 0.83
Sunflowers Academy NR Private K-8 352 0.91
Sunflower NR Private 0 0.92
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Jose Marti School #2 NR Private 4-8 80 0.32
Coral Gables Preparatory Academy 9 Public PK, K-8 862 0.46
Sunflowers Academy NR Private K-8 352 0.91
Sunflower NR Private 0 0.92
Lincoln-Marti School # 28 NR Private K-12 389 0.93
Lincoln-Marti School LLC NR Private K-12 0 0.93
International Studies Charter Middle School 9 Charter 6-8 315 1.09
International Studies Virtual 4 Charter 6-12 23 1.09
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Our Lady of Fatima Academy NR Private 3-6, 9-11 0 0.51
English Spanish International NR Private 12 34 0.78
Sunflower NR Private 0 0.92
Montealegre Senior High School NR Private 9-12 32 0.92
Lincoln-Marti School # 28 NR Private K-12 389 0.93
International Studies Virtual 4 Charter 6-12 23 1.09
International Studies Charter High School 9 Charter 9-12 352 1.09

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 3431 Southwest 16th Terrace, Miami, FL 33145?

The development at 3431 Southwest 16th Terrace, Miami, FL 33145 was built in 2024.

What is the total square footage of 3431 Southwest 16th Terrace, Miami, FL 33145?

3431 Southwest 16th Terrace, Miami, FL 33145 has a total of 4,366 square feet.

When was 3431 Southwest 16th Terrace, Miami, FL 33145 last sold and what was the sale price?

3431 Southwest 16th Terrace, Miami, FL 33145 was last sold on 07/02/2026 for $1,740,000.

What is the assessed value of 3431 Southwest 16th Terrace, Miami, FL 33145?

3431 Southwest 16th Terrace, Miami, FL 33145 is currently assessed at $1,437,026.

What are the property taxes for 3431 Southwest 16th Terrace, Miami, FL 33145?

The property taxes for 3431 Southwest 16th Terrace, Miami, FL 33145 total $28,722.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

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