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16500 SW 197th Ter, Miami, FL, 33187

$425,000

0.77 Acres
Land

Location

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Property Highlights

Home TypeResidential
MLS #A11641026
Lot Size0.77 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 16500 SW 197th Ter

Great opportunity to purchase almost an acre of land to build an additional home or to enjoy living on almost 2 acres . This lot is to be sold together with the home next door.(MLS # A11640969) . Large workshop included. Sellers very motivated to sell!

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 253-2800
  • Listing Agent: Sharda Kunath

Virtual/3D Tour

  • Virtual Tour: 16500 SW 197th Ter
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Lot Features

Lot Information:

  • Lot Size: 0.77 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

Tax Information:

  • Annual Amount: $5,115
  • 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

16500 SW 197th Ter vs Miami

124 DAYS ON ROCKET

+64 Days

$425,000

-$140.6K Less

KEY TAKEAWAY

This property is $140.6K less than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11641026

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 253-2800
  • Listing Agent: Sharda Kunath

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: 12/17/2024, 11:55:51 PM 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$5,115$302,192
2018$4,773$289,891
2017$4,735$283,929

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-4301363
5
/10
  • Redland Elementary School

  • 24501 SW 162nd Ave

  • 3.01 miles

  • Public District Grades PK-5

school-card-donut-4301364
10
/10
  • Somerset Academy Charter

  • 18491 SW 134th Ave

  • 3.35 miles

  • Public Charter Grades KG-5

school-card-donut-4301365
9
/10
  • Norma Butler Bossard Elementary School

  • 15950 SW 144th St

  • 3.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,382. Most Miami, FL residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16500 SW 197th Ter

What is the listing price of this property?

The listing price of 16500 SW 197th Ter property is $425,000.

What type of property is this?

The property 16500 SW 197th Ter is land located in Miami, Florida, 33187.

Is this property for sale now?

Accepting Backup Offers: 16500 SW 197th Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,115 (source: MLS/based on county public records data).

How much acreage is this property?

The property 16500 SW 197th Ter is 0.77 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami3318716500 SW 197th Ter

This home is located at 16500 SW 197th Ter in Miami, FL and zip code 33187 in the West Quail Roost neighborhood. This home sits on a 0.77 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $425,000.

Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.

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

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