5 months on rocket

2292 SW 16th Ter, Miami, FL, 33145

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,251 SqFt
$369/SqFt
Multi

Location

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2292 SW 16th Ter, Miami$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1927
HeatingNone
CoolingWall/Window Unit(s)
MLS #A11587502
StatusActive

About 2292 SW 16th Ter

MOTIVATED SELLER! Amazing income opportunity for investors! Located in a quiet single-family neighborhood near Brickell, Coconut Grove, Coral Gables, Key Biscayne, and Downtown. This CORNER LOT spans half a block and features a 4/3 SFH plus 2 legally 3 designated units with individual meters in a duplex. Zoned T3R for single or multi-family (2-9 units), this property boasts charming old Spanish architecture in the rapidly appreciating Shenandoah (Coral Gables) area. The 2 story townhome style duplex offers a 1/1 with a front porch/back patio downstairs and a 2/1 with a large balcony upstairs. Total rental potential for SFH/DUP 9k-10k month. Ideal for multi-generational living or rental income. (Cash Only) offers!! Contact agent/ Do not disturb tenants!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 2
  • Living Area: 3,251 SqFt

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Listing Agent: Elisabel Talavera

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 2292 SW 16th Ter
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Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $369/SqFt

Tax Information:

  • Annual Amount: $8,323
  • 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

2292 SW 16th Ter vs Miami

175 DAYS ON ROCKET

+115 Days

$1,200,000

+$634.3K More

$369/SqFt

-$23 Less

KEY TAKEAWAY

This property is $634.3K more than the Median Sold Price and $23/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: #A11587502

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Listing Agent: Elisabel Talavera

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: 12/21/2024, 11:20:50 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$8,323$366,310
2018$7,291$307,537
2017$6,750$324,617

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-699164
6
/10

  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-699165
4
/10

  • Silver Bluff Elementary School

  • 2609 SW 25th Ave

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-699166
7
/10

  • Coral Way K-8 Center

  • 1950 SW 13th Ave

  • 1.00 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 $40,870. Most Miami, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33145›2292 SW 16th Ter

This home is located at 2292 SW 16th Ter in Miami, FL and zip code 33145 in the Shenandoah neighborhood. This 3,251 square foot home was built in 1927. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $1,200,000.

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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