3 months on rocket

635 SW 16th Ave, Miami, FL, 33135

$1,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,800 SqFt
$750/SqFt
Multi

Location

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635 SW 16th Ave, Miami$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1948
HeatingNone
CoolingOther
MLS #A11662474
StatusActive

About 635 SW 16th Ave

This fourplex, located just steps from Calle Ocho in the heart of Little Havana, offers a unique investment opportunity. Calle Ocho, celebrated as a “national treasure” by the National Trust for Historic Preservation, is renowned for its authentic Cuban restaurants, vibrant ventanitas (takeout windows), lively nightlife, famous bars, warm Cuban bakeries, and colorful street festivals. The property sits on a spacious 5,000 square foot lot and features a generous backyard. Each apartment has been recently renovated with new kitchens, bathrooms, flooring, and updated electrical and plumbing systems. The building also boasts a new pitched roof and impact windows throughout.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: STL Advisors, LLC
  • Office Phone: (773) 750-3320
  • Listing Agent: Max Loria

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Virtual/3D Tour

  • Virtual Tour: 635 SW 16th Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Rectangular Lot

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $750/SqFt

Tax Information:

  • Annual Amount: $8,224
  • 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

635 SW 16th Ave vs Miami

93 DAYS ON ROCKET

+33 Days

$1,350,000

+$784.3K More

$750/SqFt

+$358 More

KEY TAKEAWAY

This property is $784.3K more than the Median Sold Price and $358/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: #A11662474

Listing Office:

  • Office Name: STL Advisors, LLC
  • Office Phone: (773) 750-3320
  • Listing Agent: Max Loria

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: 12/22/2024, 9:20:50 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$8,224$314,765
2018$6,232$195,767
2017$6,051$286,694

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-931035
3
/10

  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 0.42 miles

  • Public Charter Grades KG-5

school-card-donut-931036
3
/10

  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-931037
6
/10

  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 0.53 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 $19,597. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33135›635 SW 16th Ave

This home is located at 635 SW 16th Ave in Miami, FL and zip code 33135 in the Little Havana neighborhood. This 1,800 square foot home was built in 1948. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $1,350,000.

Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.

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

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