StatusAccepting Backup Offers (Active Under Contract)
About 511 W 16th St
Discover an incredible investment opportunity in the heart of Hialeah! This 4-bedroom, 2-bathroom property sits on an expansive 13,000+ sqft lot, featuring an additional 1-bedroom, 1-bathroom in-law quarters. While the main property requires a complete renovation, the prime location and expansive land offer endless potential for your dream home or development project. The in-law quarters provide added flexibility, perfect for extended family or rental income. Don't miss out on creating something special in this highly sought-after area! PRICE REDUCED, PRICE REDUCED
Property Details
Property Features
Property Information:
Architectural Style: Detached, One Story
Year Built: 1945
Stories: 1
Living Area: 2,509 SqFt
Listing Office:
Office Name: Keller Williams Realty Premier Properties
Office Phone: (305) 595-2844
Listing Agent: Delia Abreu PA
Interior Features
Interior Information:
Appliances: None
Flooring Type: Other
Interior: Bedroom on Main Level, First Floor Entry
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,057
Per Month
Principal & Interest
$2,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,862
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Imater Academy
600 W 20th St
Distance between this listing and this school0.23 miles
Public Charter Grades KG-5
10
/10
Springview Elementary School
1122 Bluebird Ave
Distance between this listing and this school0.73 miles
Public District Grades PK-5
6
/10
James H. Bright/J. W. Johnson Elementary School
2530 W 10th Ave
Distance between this listing and this school0.85 miles
Public District Grades PK-5
Nearby Schools
6
/10
Imater Academy Middle School
651 W 20th St
Distance between this listing and this school0.32 miles
Public Charter Grades 6-8
4
/10
Henry H. Filer Middle School
531 W 29th St
Distance between this listing and this school0.83 miles
Public District Grades 6-8
10
/10
Isaac: Integrated Science and Asian Culture Academy
301 Westward Dr
Distance between this listing and this school1.10 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Imater Preparatory Academy High School
651 W 20th St
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
5
/10
Miami Springs Senior High School
751 Dove Ave
Distance between this listing and this school0.42 miles
Public Magnet Grades 9-12
8
/10
Academy for International Education Upper Charter School for
1080 La Baron Dr
Distance between this listing and this school1.99 miles
The neighbors living near this home have an average income of $29,908. The most common annual income of people living in Hialeah, FL is less than $35k. Typical family type is 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
Frequently Asked Questions About 511 W 16th St
What is the listing price of this property?
The listing price of 511 W 16th St property is $599,000.
What type of property is this?
The property 511 W 16th St is a house located in Hialeah, Florida, 33010.
Is this property for sale now?
Accepting Backup Offers: 511 W 16th St 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 $6,220 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 511 W 16th St has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 511 W 16th St is 2,509 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 511 W 16th St is 1945.
This home is located at 511 W 16th St in Hialeah, FL and zip code 33010. This 2,509 square foot home was built in 1945. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $599,000.
Over 10 listings were sold over their listed price in October 2024 in Hialeah, FL. In the same period over 63 listings were sold below the listed price and 17 listings were sold for the listed price. The number of homes for sale in Hialeah, FL increased by 9.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $463,609, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.