new - 6 days on rocket

16042 SW 63rd Ter, Miami, FL, 33193

$902,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,267 SqFt
$276/SqFt
House

Location

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16042 SW 63rd Ter, Miami$902,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built2003
HeatingElectric
CoolingCeiling Fan(s)
ViewNone
MLS #A11699665
StatusActive

About 16042 SW 63rd Ter

This property presents a unique opportunity for investors or homeowners looking to take on a renovation project. Located in a sought-after neighborhood, the home features 5 bedrooms and 3 bathrooms. While it requires updates and repairs, the location is prime, with easy access to schools, shopping, and transportation. This is an ideal fixer-upper for someone with the vision and resources to restore it to its former glory or transform it into a new dream home.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 2003
  • Stories: 2
  • Living Area: 3,267 SqFt

Listing Office:

  • Office Name: Entera Realty LLC
  • Office Phone: (888) 216-6364
  • Listing Agent: Robert Salmons

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave
  • Flooring Type: Concrete
  • Interior: First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 16042 SW 63rd Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Head west on SW 64th St toward SW 159th Ct, Turn right onto SW 162nd Ave, Turn right onto SW 62nd Ter, Turn right onto SW 161st Pl, Turn left onto SW 63rd Ter, Property will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $902,000
  • Price Per SqFt: $276/SqFt

HOA Fees:

  • Amount: $1020
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,092
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

16042 SW 63rd Ter vs Miami

6 DAYS ON ROCKET

-54 Days

$902,000

+$336.3K More

$276/SqFt

-$116 Less

KEY TAKEAWAY

This property is $336.3K more than the Median Sold Price and $116/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11699665

Listing Office:

  • Office Name: Entera Realty LLC
  • Office Phone: (888) 216-6364
  • Listing Agent: Robert Salmons

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,092$429,801
2018$7,338$397,083
2017$7,190$382,345

History based on county public records data.

Payment Calculator

$4,654

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,771

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3801798
7
/10

  • Bowman Ashe/Doolin K-8 Academy

  • 6601 SW 152nd Ave

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-3801799
9
/10

  • Dr. Manuel C. Barreiro Elementary School

  • 5125 SW 162nd Ave

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-3801800
9
/10

  • Dante B. Fascell Elementary School

  • 15625 SW 80th St

  • 1.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,003. Typical income of Miami, FL residents is between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16042 SW 63rd Ter

What is the listing price of this property?

The listing price of 16042 SW 63rd Ter property is $902,000.

What type of property is this?

The property 16042 SW 63rd Ter is a house located in Miami, Florida, 33193.

Is this property for sale now?

Active Listing: 16042 SW 63rd Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,092 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16042 SW 63rd Ter has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 16042 SW 63rd Ter is 3,267 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16042 SW 63rd Ter is 2003.

Rocket Homes›Florida›Miami-Dade County›Miami›33193›16042 SW 63rd Ter

This home is located at 16042 SW 63rd Ter in Miami, FL and zip code 33193 in the Bird Drive Basin neighborhood. This 3,267 square foot home was built in 2003. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $902,000.

While more than 38 listings in Miami, FL in November 2024 were sold above asking price, there were more than 112 listings sold at asking price, and more than 445 were sold below. The number of listings in Miami, FL increased by 6.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $565,671, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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