NOT LISTED FOR SALE

2513 SW 16th St Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $767,135 - $1,078,000

4 Beds
2 Baths
1,820 Sq Ft
$486/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $480,000 $264 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,372/month

47 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Awning
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of December 2020

Excellent location and mostly updated 2 units duplex 2/1 and 2/2 in the heart of City of Miami close to 27th Avenue, Express ways, shops, US1, Coral Gables, The Roads area and Brickell. The property is right off 25th Ave, has 4 parking spaces, extra space for visitors, new roof, updated bathrooms, laundry rooms with full size washer & dryer for each unit and much more. Its an owner occupant or investors dream. Upcoming area very desirable to live and as an income producing property. The owner can live in one and use the other unit as income to pay mortgage. By appointment only with 24 hours notice. Tenants occupied. All appointments through showing assist with 24 hours in advance and/or call listing agent. This property will sell fast in todays low interest rates market!!

Last Agent to Sell the Property

Maria M Sanchez

Capital First Realty, Inc License #0579271 Listed on: 10/05/2020

Last Buyer's Agent

Luigi Devoto

London Foster Realty License #3033828

London Foster Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,741

Year Built

  • Built in 1957

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Single Hung Metal Windows

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • New Silver Crest Condos
  • New Silver Crest Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 01-41-10-054-1070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,741

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: NEW SILVER CREST
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile, Vinyl, Wood
  • Living Area: 1820
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Awning, Single Hung Metal

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • 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: NEW SILVER CREST
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-054-1070
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5741

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
Oct 5, 2020
Closed on
Dec 18, 2020
Sold by
Recuera Rene and Recuera Magaly
Bought by
Issa Alejandra
Seller's Agent
Maria M Sanchez
Capital First Realty, Inc
Buyer's Agent
Luigi Devoto
London Foster Realty
List Price
$529,900
Sold Price
$480,000
Premium/Discount to List
-$49,900
-9.42%
Current Estimated Value
$884,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,534
Avg. Annual Appreciation
13.52%
Original Mortgage
$463,980
Outstanding Balance
$413,081
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$471,453
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Issa Alejandra $480,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Issa Alejandra $463,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $480,000 -9.4% $264 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $529,900 0.0% $291 / Sq Ft
11/24/2017 11/24/17 Rented $1,400 0.0% --
11/16/2017 11/16/17 Under Contract -- -- --
10/30/2017 10/30/17 For Rent $1,400 -- --
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 $8,189 $428,041 -- --
2024 $7,844 $399,628 -- --
2023 $7,844 $374,431 $0 $0
2022 $7,236 $351,200 $0 $0
2021 $6,879 $329,766 $225,644 $104,122
2020 $6,277 $329,766 $225,644 $104,122
2019 $5,741 $293,388 $189,266 $104,122
2018 $5,115 $257,020 $149,446 $107,574
2017 $4,688 $167,885 $0 $0
2016 $4,415 $152,623 $0 $0
2015 $3,845 $138,749 $0 $0
2014 $3,742 $128,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Maria M Sanchez

    Capital First Realty, Inc

    (305) 665-9924

    2 in this area

    10 Total Sales

    Maria M Sanchez
    Section Image
  • Luigi Devoto

    Buyer's Agent in 2020

    Luigi Devoto

    London Foster Realty

    (305) 992-4255

    1 in this area

    28 Total Sales

    Luigi Devoto
    Section Image

  • A

    Buyer's Agent in 2017

    Alicia Small

    Miami Brokers LLC

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10938017

MIAMI REALTORS® MLS

APN: 01-4110-054-1070

Florida Miami/Dade County Miami 33145 Coral Way

2513 SW 16th St, Miami, FL

This home is located at 2513 SW 16th St, Miami, FL 33145 since 05 October 2020 and is currently estimated at $884,534, approximately $486 per square foot. This property was built in 1957. 2513 SW 16th St is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami Senior High School.

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.

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