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500 Nw 116th Ter; Miami, FL Property Details

500 Nw 116th Ter, Miami, FL is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 500 Nw 116th Ter has 3 bedrooms, and 1 bathroom, and a total of 1,240 square feet. The lot size of 500 Nw 116th Ter is 7,059 square feet.

Off market
500 NW 116th Ter Miami, FL 33168
$396,974 Estimated Value
3 Beds
1 Baths
1,240 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $415,000
  • Open Loans / Balance: 2 / $232,288
  • Est. Equity / %: $216,712 / 48.27%
  • Inv. Liens: 1
  • Gross Yield: 8.91%
  • APN: 30-2136-029-0610
  • Situs County: Miami-Dade
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Concrete Block
  • Stories: 1

Measurements

  • Total: 1,240/SqFt
  • Lot: 7,059/SqFt
  • Gross: 1,272/SqFt
  • Living: 1,240/SqFt
  • Building: 1,272/SqFt
  • Ground: 1,240/SqFt
  • Price Per Square Foot: $334.68

Legal Description

  • Description: REV PL OF BAY VIEW TERR PB 48-79 LOT 1 BLK 4 LOT SIZE 66.590 X 106 COC 20113-2822 12 2001 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Dade County School District
  • Lat / Lon: 25.881535 / -80.20663
  • Subdivision: Rev Pl Of Bay View Terr
  • Property Class: Residential
  • Zoning: 0100
  • County Use Code: 0101

Amenities

  • Plus Four: 3432

Ownership Info

500 NW 116th Ter has no associated ownership info
500 NW 116th Ter has no associated ownership info.

Taxes

500 NW 116th Ter has 10 associated Taxes items

500 Nw 116th Ter, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $396,974. The APN we've located for 500 Nw 116th Ter is 30-2136-029-0610.

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Taxes
  • Assessed Value:  $396,974
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  30-2136-029-0610
  • Assessed Land Value:  296459
  • Market Land Value:  296459
  • Tax Amount:  1554
  • Tax Year:  2024
  • Market Value:  396974
  • Market Year:  2025

Tax History

500 NW 116th Ter has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $396,974 Land Value $296,459 Improvement Value $100,515 Tax Amount $6,772.48 Change Rate +3.358095% Assessed CR Tax Rate +0.01706%
Year 2024 Assessed Value $88,630 Land Value Improvement Value Tax Amount $1,554 Change Rate +0.128032% Assessed CR Tax Rate +0.017534%
Year 2023 Assessed Value $86,049 Land Value Improvement Value Tax Amount $1,377.62 Change Rate +0.05496% Assessed CR Tax Rate +0.01601%
Year 2022 Assessed Value $83,543 Land Value Improvement Value Tax Amount $1,305.85 Change Rate +0.03033% Assessed CR Tax Rate +0.015631%
Year 2021 Assessed Value $81,110 Land Value Improvement Value Tax Amount $1,267.41 Change Rate +0.012139% Assessed CR Tax Rate +0.015626%
Year 2020 Assessed Value $79,991 Land Value Improvement Value Tax Amount $1,252.21 Change Rate +0.03713% Assessed CR Tax Rate +0.015654%
Year 2019 Assessed Value $78,193 Land Value Improvement Value Tax Amount $1,207.38 Change Rate +0.059644% Assessed CR Tax Rate +0.015441%
Year 2018 Assessed Value $76,736 Land Value Improvement Value Tax Amount $1,139.42 Change Rate +0.020382% Assessed CR Tax Rate +0.014849%
Year 2017 Assessed Value $75,158 Land Value Improvement Value Tax Amount $1,116.66 Change Rate -0.006177% Assessed CR Tax Rate +0.014858%
Year 2016 Assessed Value $73,613 Land Value Improvement Value Tax Amount $1,123.6 Change Rate +0.010395% Assessed CR Tax Rate +0.015264%
Year 2015 Assessed Value $73,102 Land Value Improvement Value Tax Amount $1,112.04 Change Rate -0.017337% Assessed CR Tax Rate +0.015212%
Year 2014 Assessed Value $72,522 Land Value Improvement Value Tax Amount $1,131.66 Change Rate Assessed CR Tax Rate +0.015604%