NOT LISTED FOR SALE

2395 SW 16th Terrace Unit B Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $1,097,000 - $1,438,434

3 Beds
2 Baths
2,893 Sq Ft
$428/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Porch
  • Central Heating and Cooling System
  • No HOA
  • Laundry in Utility Room
  • Combination Dining and Living Room

About This Home

As of July 2023

Attn: This great 3 beds/2 baths approx. 1250 Living Area SF 1 story unit part of a duplex with side patio and private gated entrance with driveway plus street parking in highly desirable Shenandoah area will not last!!! Features freshly painted walls, wood laminate floors and ceramic tiled floors throughout, updated kitchen and eat in kitchen area. Electric, hot water, washer and dryer, and lawn care is all included in the monthly rent, you can't beat this deal! Exterior fresh new paint, new roof, and impact windows are coming soon! Ready to occupy with rapid approval process. Easy to show, show and Rent!!!

Last Agent to Rent the Property

Giancarlo Jimeno

Power Source Real Estate, Inc. License #0695460 Listed on: 06/01/2023

Last Renter's Agent

Giancarlo Jimeno

Power Source Real Estate, Inc. License #0695460 Listed on: 06/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,721

Year Built

  • Built in 1947

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,893 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Electric Range
  • Laundry in Utility Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • On-Street Parking
  • Open Parking

Schools

  • Shenandoah Elementary And Middle School
  • Miami Senior High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/1/23
  • Assessor Parcel Number 01-41-10-027-0300

Community Details

Overview

  • No Home Owners Association
  • Vedado Condos
  • Vedado Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complex Is Fenced

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,721

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2023-06-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1947
  • Property Sub Type: Multi Family
  • Architectural Style: First Floor Entry
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Duplex/Tri/Quad-Annual, Multi Family
  • Subdivision Name: VEDADO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl, Wood
  • Furnished: Unfurnished
  • Living Area: 2893
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry

Exterior Features

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

Garage/Parking

  • Park Building Name: VEDADO
  • Open Parking: Yes
  • Parking Features: 2 Spaces, Slab/Strip, On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Shenandoah
  • High School: Miami Senior
  • Middle Or Junior School: Shenandoah

Lot Info

  • Parcel Number: 01-41-10-027-0300
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 3000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2023
Sold by
Moran Maria Magaly
Bought by
Fontanella Sergio Luis
Current Estimated Value
$1,239,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Outstanding Balance
$716,017
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$523,342
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fontanella Sergio Luis $925,000 Complete Choice Title
Fontanella Sergio Luis $925,000 Complete Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fontanella Sergio Luis $740,000
Closed Fontanella Sergio Luis $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Rented $3,300 0.0% --
07/05/2023 07/05/23 Under Contract -- -- --
06/16/2023 06/16/23 Price Changed $3,300 -5.7% $1 / Sq Ft
06/01/2023 06/01/23 For Rent $3,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $26,721 $767,364 -- --
2024 $6,284 $687,534 $653,766 $228,881
2023 $6,284 $327,002 $0 $0
2022 $5,804 $306,787 $0 $0
2021 $5,472 $288,132 $0 $0
2020 $5,172 $294,467 $0 $0
2019 $4,863 $279,582 $0 $0
2018 $4,553 $277,061 $0 $0
2017 $4,385 $232,146 $0 $0
2016 $4,264 $220,501 $0 $0
2015 $4,006 $211,513 $0 $0
2014 $3,812 $203,137 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11396254

MIAMI REALTORS® MLS

APN: 01-4110-027-0300