3 months on rocket

1739 NW 16th St, Miami, FL, 33125

$875,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,392 SqFt
$258/SqFt
Multi

Location

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1739 NW 16th St, Miami$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1926
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #A11641322
StatusActive

About 1739 NW 16th St

Seize this incredible opportunity to own a versatile multi-family property in the heart of Miami! Situated on an expansive 7,145 square foot lot, this property is perfect for both investors and owner-occupants. The front house features 2 bedrooms, 2 bathrooms, plus a den, providing a comfortable living space. The back house offers an additional 2 bedrooms and 1 bathroom. Additionally, there are three separate 1-bed, 1-bath efficiency units on the premises, presenting a goldmine of income potential. This property is an excellent choice for those looking to tap into the lucrative Airbnb or traditional rental markets. With its prime location just blocks from the Miami River and River Landing Shops, and minutes away from Wynwood, Brickell, Coconut Grove, Coral Gables, Miami Beach.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 1
  • Living Area: 3,392 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 795-4849
  • Listing Agent: Maria Castro

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Virtual/3D Tour

  • Virtual Tour: 1739 NW 16th St
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Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $8,146
  • 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

1739 NW 16th St vs Miami

111 DAYS ON ROCKET

+51 Days

$875,000

+$309.3K More

$258/SqFt

-$134 Less

KEY TAKEAWAY

This property is $309.3K more than the Median Sold Price and $134/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: #A11641322

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 795-4849
  • Listing Agent: Maria Castro

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$8,146$345,580
2018$6,992$264,935
2017$6,301$249,323

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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-3829163
4
/10
  • Comstock Elementary School

  • 2420 NW 18th Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-3829164
4
/10
  • Citrus Grove Elementary School

  • 2121 NW 5th St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-3829165
6
/10
  • Maya Angelou Elementary School

  • 1850 NW 32nd St

  • 1.07 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,114. Most Miami, FL residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesFloridaMiami-Dade CountyMiami331251739 NW 16th St

This home is located at 1739 NW 16th St in Miami, FL and zip code 33125 in the Civic Center neighborhood. This 3,392 square foot home was built in 1926. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $875,000.

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 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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