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Off market
    • $459,200

    2959 SW 16th Ter, Miami, FL 33145

    --beds
    0baths
    3,000sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $459,200 Zestimate®
    $153/sqft
    $2,334 Estimated rent

    Home value

    $459,200

    $377,000 - $551,000

    $2,334/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $2,334/mo

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    $2,334/mo

    Rent Zestimate®

    Refinance and save

    $3,353/mo

    Est. payment

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    $3,353/mo

    Est. payment

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    What's special

    This is an incredible opportunity to buy three rental units in good condition, centrally located in Miami minutes from Little Havana, Coral Gables andDowntown. Each unit has its own folio, allowing buyer to easily sell units separately. Units conveniently located in central Miami. Live in one propertyand let the other two rental incomes pay your mortgage!! Separate meters for electric and water. A great investment!! 8% Cap Rate. NET INCOME =$36,200 at market rates. DO NOT DISTURB TENANTS !

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 2,134 Square Feet
    Details
    • Parcel number: 0141100022060

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • special
    • Roof: Other
    Condition
    • Year built: 1925

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $153/sqft
    • Tax assessed value: $223,414
    • Annual tax amount: $4,502

    Price history

    DateEventPrice
    9/20/2015Listing removed$389,000$130/sqft
    Source: Eleventrust LLC #A2088824 Report a problem
    7/28/2015Listed for sale$389,000+179.9%$130/sqft
    Source: Eleventrust LLC #A2088824 Report a problem
    12/1/2011Listing removed$139,000$46/sqft
    Source: PLATINUM PROPERTIES INTERNATIONAL Report a problem
    7/23/2011Listed for sale$139,000+27.5%$46/sqft
    Source: PLATINUM PROPERTIES INTERNATIONAL Report a problem
    10/5/2005Sold$109,000+55.7%$36/sqft
    Source: Public Record Report a problem
    12/29/1999Sold$70,000+59.1%$23/sqft
    Source: Public Record Report a problem
    8/6/1999Sold$44,000+120%$15/sqft
    Source: Public Record Report a problem
    10/28/1997Sold$20,000$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,502 +11.9%$169,244 +10%
    2024$4,023 +6.8%$153,859 +11.5%
    2023$3,765 +10.3%$137,980 +10%
    2022$3,414 +7.3%$125,437 +10%
    2021$3,183 +2.7%$114,034 +5.9%
    2020$3,099 +7.8%$107,682 +10%
    2019$2,875 +9.6%$97,893 +10%
    2018$2,624 $88,994 +52.7%
    2017$2,624 +23.6%$58,268 +10%
    2016$2,123 +16%$52,971 +10%
    2015$1,831 +1.5%$48,156 +6.5%
    2014$1,804 +12.4%$45,207 +10%
    2013$1,604 $41,098 +10%
    2012$1,604 -2.5%$37,362 -4.1%
    2011$1,646 -14.8%$38,954 -19.6%
    2010$1,933 -44.3%$48,440 -59.3%
    2009$3,468 -20.2%$119,063 -28.7%
    2007$4,347 +30.4%$166,887
    2006$3,334 --
    2005$3,334 +14.8%--
    2004$2,904 +16.5%--
    2003$2,493 +24.4%--
    2002$2,004 --
    2001$2,004 --
    Find assessor info on the county website

    Neighborhood: Coral Way

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    Estimated market value
    $459,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $459,200

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