2 months on rocket

2292 SW 16th Ter, Miami, FL, 33145

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,251 SqFt
$400/SqFt
Multi

Location

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2292 SW 16th Ter, Miami$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

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

About 2292 SW 16th Ter

MOTIVATED SELLER!! Looking for a fantastic multifamily property with INCOME FROM 2 APTS IN AN ATTACHED BUILDING? Look no further! We have a half-block property with TWO buildings, occupied and fresh on the market! This single AND multi-family home with old-world charm has yet to be discovered for those seeking a smart investment. Corner location. Zoned SFH/Multi 2-9 units, schools/parks readily available in the heart of Shenandoah. Super rapidly appreciating neighborhood. Main building is a SFH 4/3. Side building is a two floor 2/1 and 1/1. Either rent the entire property, or live the main building and rent the 2 legal units for income to help pay a sizable portion of your mortgage ! NOT CONTINGENT ON APPRAISED VALUE..

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
Virtual Tour

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Miami Senior High School, Public Magnet Grades 9-12
  • Shenandoah Middle School, Public Magnet Grades 6-8
  • Shenandoah Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $400/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

$557K

Med. Price/SqFt

$387

Avg. Days On Market

57

# of Sold Homes

741

2292 SW 16th Ter vs Miami

71 DAYS ON ROCKET

+14 Days

$1,300,000

+$742.9K More

$400/SqFt

+$12 More

KEY TAKEAWAY

This property is $742.9K more than the Median Sold Price and $12/SqFt more 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: 9/7/2024, 7:20:48 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$8,323$366,310
2018$7,291$307,537
2017$6,750$324,617

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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.

Elementary School

school-card-donut-1083296
7
/10

  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 0.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1083297
5
/10

  • Shenandoah Middle School

  • 1950 SW 19th St

  • 0.39 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1083298
6
/10

  • Miami Senior High School

  • 2450 SW 1st St

  • 0.95 miles

  • Public Magnet Grades 9-12

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. Most families are single, no kids. Most residents in this area have high school diploma education.

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 $1,300,000.

In August 2024, from all listings sold in Miami, FL there were more than 87 sold above asking price, over 546 sold below and more than 108 were sold right at the asked price. The number of listings in Miami, FL increased by 8.7% between July 2024 and August 2024. The median list price of listings available in August 2024 was $557,077, while the average time on the real estate market was 57 days.

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

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