NOT LISTED FOR SALE

2231 SW 16th Ave Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $909,805 - $1,571,000

2 Beds
2 Baths
1,118 Sq Ft
$1,109/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2019

Last sale price $445,000 $398 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $7,379 / mo

47 Days on Market

Highlights

  • No HOA
  • Fenced
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of February 2019

DUPLEX ON CORNER LOT, RENTED AND PRICED TO SELL. Income-producing 1,200 SF duplex, built in 1940, on a corner lot measuring 6,486 SF, zoned T3-O. The duplex could be renovated to increase rents, or torn down to build modern townhomes. Great location in the heart of Shenandoah, close to everything, in a vibrant neighborhood right off Coral Way. Currently rented for $825 and $715 on a month-to-month basis. (Please do not disturb tenants.) Qualified buyers only.

Last Agent to Sell the Property

Doug Addeo

Community Realty Associates License #0559732 Listed on: 12/06/2018

Last Buyer's Agent

Guillermo Martinez Lluch

Kala Realty Investments LLC License #3306260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,783

Year Built

  • Built in 1940

Lot Details

  • Fenced
  • Property is zoned 5700

Parking

  • 2 Parking Spaces

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • East Shenandoah Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-39-007-2440

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,783

Year Built

Built in 1940

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Corner of SW 16th Ave and SW 22nd Terrace
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: EAST SHENANDOAH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1118
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EAST SHENANDOAH
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-39-007-2440
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6783

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Feb 22, 2019
Sold by
Ic 1590 Llc
Bought by
Kala 2231 Llc
Seller's Agent
Doug Addeo
Community Realty Associates
Buyer's Agent
Guillermo Martinez Lluch
Kala Realty Investments LLC
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$1,240,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,403
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
Jan 28, 2013
Sold by
Renzi Pasquale
Bought by
Ic 1590 Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Fretas Teresa
Bought by
Renzi Pasquale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.5%
Mortgage Type
Unknown
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kala 2231 Llc $445,000 Attorney
Ic 1590 Llc $186,500 None Available
Renzi Pasquale $420,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Renzi Pasquale $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $445,000 0.0% $398 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
12/06/2018 12/06/18 For Sale $445,000 -- $398 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,171 $446,771 -- --
2024 $9,267 $406,156 -- --
2023 $9,267 $369,233 $0 $0
2022 $9,299 $412,356 $0 $0
2021 $8,312 $373,338 $327,789 $45,549
2020 $7,944 $355,127 $309,578 $45,549
2019 $7,327 $355,127 $309,578 $45,549
2018 $6,783 $355,127 $309,578 $45,549
2017 $6,505 $256,616 $0 $0
2016 $6,364 $233,288 $0 $0
2015 $6,206 $228,204 $0 $0
2014 $5,085 $207,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Addeo

    Seller's Agent in 2019

    Doug Addeo

    Community Realty Associates

    (561) 218-6558

    1 in this area

    1,105 Total Sales

    Doug Addeo
    Section Image

  • G

    Buyer's Agent in 2019

    Guillermo Martinez Lluch

    Kala Realty Investments LLC

    (305) 531-4527

    2 in this area

    3 Total Sales

    Guillermo Martinez Lluch
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10582591

MIAMI REALTORS® MLS

APN: 01-4139-007-2440

Florida Miami/Dade County Miami 33145 Coral Way

2231 SW 16th Ave, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.