Discover endless potential in the quaint waterfront home, perfectly positioned in the rarely available and highly coveted Waterways neighborhood-one of Miami hidden gems. All about location, this single-family residence sits on a serene canal offer tranquil water views and direct access to the neighborhoods unique lifestyle. Featuring a newer roof and hurricane impact windows on most openings, this home already has key upgrades in place. This home is ready for your personal touch - remodel, redesign, and bring your vision to life in one of the city's most central and convenient locations. Whether you're looking to create your dream home or invest in a property with unlimited upside, this is an opportunity you don't want to miss.
Sold for $557,000
$557,000
3251 S Lake Dr, Miami, FL 33155
3beds
1,296sqft
Single Family Residence
Built in 1970
5,000 Square Feet Lot
$556,500 Zestimate®
$430/sqft
$3,245 Estimated rent
Home value
$556,500
$484,000 - $634,000
$3,245/mo
Zestimate® history
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$3,245/mo
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$3,858/mo
Est. payment
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$3,858/mo
Est. payment
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List your homeWhat's special
Serene canalTranquil water viewsNewer roofHurricane impact windows
Zillow last checked:
Listing updated:
Listed by:
Ernesto Bascuas 786-417-1290,
Compass Florida, LLC,
Rebeca Bascuas 786-285-2855,
Compass Florida, LLC
Bought with:
Ernesto Bascuas, 3241345
Compass Florida, LLC
Source: MIAMI,MLS#: A11861729
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Florida Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Flooring: Other
- Doors: High Impact Doors
- Windows: Clear Impact Glass, High Impact Windows
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,296 sqft
Property
Parking
- Parking features: Additional Spaces Available
Features
- Stories: 1
- Entry location: First Floor Entry
- Patio & porch: Open Porch
- Fencing: Fenced
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: WF/No Ocean Access, Canal Front
- Frontage length: 50
Lot
- Size: 5,000 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 3040140080680
- Zoning: 0100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Shingle
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
- Water: Municipal Water
Community & HOA
Community
- Features: Other Subdivision - See Remarks
- Subdivision: Central Miami Part 6
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $430/sqft
- Tax assessed value: $405,915
- Annual tax amount: $1,531
- Date on market: 9/3/2025
- Listing terms: All Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Sold | $557,000-7.2%$430/sqft |
Source:  MIAMI #A11861729 Report a problem | ||
| 12/9/2025 | Pending sale | $600,000$463/sqft |
Source: MIAMI #A11861729 Report a problem | ||
| 11/1/2025 | Price change | $600,000-4%$463/sqft |
Source: MIAMI #A11861729 Report a problem | ||
| 10/1/2025 | Price change | $625,000-3.8%$482/sqft |
Source: MIAMI #A11861729 Report a problem | ||
| 9/3/2025 | Listed for sale | $650,000$502/sqft |
Source: MIAMI #A11861729 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,601 +396.5% | $405,915 +195.5% |
| 2024 | $1,531 +12.4% | $137,343 +3% |
| 2023 | $1,362 +6.1% | $133,343 +3% |
| 2022 | $1,284 +0.7% | $129,460 +3% |
| 2021 | $1,275 +0.4% | $125,690 +1.4% |
| 2020 | $1,271 +1.8% | $123,955 +2.3% |
| 2019 | $1,248 +6.6% | $121,169 +1.9% |
| 2018 | $1,170 | $118,910 +2.1% |
| 2017 | $1,170 -0.8% | $116,465 +2.1% |
| 2016 | $1,180 -0.5% | $114,070 +0.7% |
| 2015 | $1,186 -2.5% | $113,278 +0.8% |
| 2014 | $1,216 -4.4% | $112,379 +1.5% |
| 2013 | $1,271 | $110,719 +1.7% |
| 2012 | $1,271 +4.2% | $108,869 +3% |
| 2011 | $1,220 0% | $105,699 +1.5% |
| 2010 | $1,220 +6.8% | $104,137 +2.7% |
| 2009 | $1,143 -15% | $101,400 +334.3% |
| 2007 | $1,345 -14.8% | $23,349 |
| 2006 | $1,578 | -- |
| 2005 | $1,578 +2.4% | -- |
| 2004 | $1,541 -10.1% | -- |
| 2003 | $1,714 +3.6% | -- |
| 2002 | $1,655 | -- |
| 2001 | $1,655 | -- |
Find assessor info on the county website
Neighborhood: Coral Terrace
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Nearby schools
GreatSchools rating
- 7/10Emerson Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10West Miami Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10South Miami Senior High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Emerson
- Middle: West Miami
- High: South Miami
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$556,500
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
$556,500
- Florida
- Miami-Dade County
- Miami
- 33155
- Coral Terrace
- 3251 S Lake Dr
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