7 months on rocket

700 16th St Unit 108, Miami Beach, FL, 33139

$255,000

Home List Price

$3,028*

Closing Credit

1 Bedroom
1 Full Bath
448 SqFt
$569/SqFt
Condo

Location

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700 16th St Unit 108, Miami Beach$255,000

Buyer Closing Credits

$3,028*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1941
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden, Other
MLS #A11574671
StatusActive

About 700 16th St Unit 108

Investors, seize this opportunity! Corner unit apartment for sale with a lucrative 7% net annual income. Perfectly located and turnkey with all furnishings included, plus internet and cable covered by HOA. Building budget for 2024 approved and reserves. Immediate income awaits—don't miss out! Building in process for the 40 years re certification , special assessment paid in full , new roof , concrete restoration and plumbing.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1941
  • Living Area: 448 SqFt

Listing Office:

  • Office Name: COSMORE Florida Corp.
  • Office Phone: (786) 536-2344
  • Listing Agent: Claudio Bagliani

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Freezer, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Security/High Impact Doors

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 700 16th St Unit 108
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $255,000
  • Price Per SqFt: $569/SqFt

HOA Fees:

  • Amount: $606
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

700 16th St Unit 108 vs Miami Beach

211 DAYS ON ROCKET

+110 Days

$255,000

-$349.5K Less

$569/SqFt

-$32 Less

KEY TAKEAWAY

This property is $349.5K less than the Median Sold Price and $32/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11574671

Listing Office:

  • Office Name: COSMORE Florida Corp.
  • Office Phone: (786) 536-2344
  • Listing Agent: Claudio Bagliani

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: 11/22/2024, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,946

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$831

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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.

Nearby Schools

school-card-donut-489882
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-489883
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-489884
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.77 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 $38,894. The most common annual income of people living in Miami Beach, FL is less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 16th St Unit 108

What is the listing price of this property?

The listing price of 700 16th St Unit 108 property is $255,000.

What type of property is this?

The property 700 16th St Unit 108 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 700 16th St Unit 108 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 700 16th St Unit 108 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 700 16th St Unit 108 is 448 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 16th St Unit 108 is 1941.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›700 16th St Unit 108

This home is located at 700 16th St Unit 108 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 448 square foot home was built in 1941. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $255,000.

In October 2024, from all listings sold in Miami Beach, FL there were more than 6 sold above asking price, over 77 sold below and more than 9 were sold right at the asked price. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. In October 2024 median list price was $604,583 and the average listing age was 101 days.

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

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