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16388 SW 47th Ter, Miami, FL, 33185

$489,000

Home List Price

$5,807*

Closing Credit

2 Bedrooms
2 Full Baths
1,268 SqFt
$386/SqFt
Townhouse

Location

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16388 SW 47th Ter, Miami$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingAttached, Garage, One Space, Garage Door Opener
Attached Garage1 space
Year Built2002
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontLake Front
ViewLake
MLS #A11711048
StatusActive

About 16388 SW 47th Ter

Charming 2 Bedroom, 2 Bath Townhouse in the gated community of Melrose Parc. Beautiful Lakeview, one car garage, new kitchen appliances, granite countertop, tiled interior, walk-in closets, hurricane shutters. Community offers a pool & playground. Located close to great schools.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2002
  • Living Area: 1,268 SqFt

Listing Office:

  • Office Name: Community Realty Associates
  • Office Phone: (561) 218-6558
  • Listing Agent: Douglas Addeo

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Space, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 16388 SW 47th Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From N Kendall Dr, ( SW 88th St), turn North on SW 167th Ave, turn Rt (East) on SW 47th St, turn Rt on SW 165th Ct, turn Left on SW 47th Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000
  • Price Per SqFt: $386/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,008
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

16388 SW 47th Ter vs Miami

1 DAY ON ROCKET

-59 Days

$489,000

-$76.6K Less

$386/SqFt

-$6 Less

KEY TAKEAWAY

This property is $76.6K less than the Median Sold Price and $6/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: #A11711048

Listing Office:

  • Office Name: Community Realty Associates
  • Office Phone: (561) 218-6558
  • Listing Agent: Douglas Addeo

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: 12/18/2024, 4:20:49 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$2,008$124,653
2018$1,861$119,579
2017$1,855$117,120

History based on county public records data.

Payment Calculator

$2,658

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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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-4369370
9
/10
  • Dr. Manuel C. Barreiro Elementary School

  • 5125 SW 162nd Ave

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-4369371
7
/10
  • Bowman Ashe/Doolin K-8 Academy

  • 6601 SW 152nd Ave

  • 1.39 miles

  • Public District Grades PK-5

school-card-donut-4369372
8
/10
  • Jane S. Roberts K-8 Center

  • 14850 Cottonwood Cir

  • 1.55 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,098. Most Miami, FL residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16388 SW 47th Ter

What is the listing price of this property?

The listing price of 16388 SW 47th Ter property is $489,000.

What type of property is this?

The property 16388 SW 47th Ter is a townhouse located in Miami, Florida, 33185.

Is this property for sale now?

Active Listing: 16388 SW 47th 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 $2,008 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16388 SW 47th Ter has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16388 SW 47th Ter is 1,268 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16388 SW 47th Ter is 2002.

Rocket HomesFloridaMiami-Dade CountyMiami3318516388 SW 47th Ter

This home is located at 16388 SW 47th Ter in Miami, FL and zip code 33185 in the Bird Drive Basin neighborhood. This 1,268 square foot home was built in 2002. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $489,000.

In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. Listings spent 60 days on the market in November 2024, and had a median list price of $565,671 during the same period.

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

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