$984,000 - $1,069,000
RENTED JUN 23, 2025

3040 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood
3 Beds
2 Baths
2,881 Sq Ft
$353 Price per Sq Ft

Highlights

  • Marble Flooring
  • Garden View
  • Formal Dining Room
  • Coral Gables Preparatory Academy Rated A-
  • No HOA
  • Complete Impact Glass

About This Home

As of June 2025

If you work in Brickell, Downtown Miami, Key Biscayne, Coconut Grove, Coral Gables, or even South Beach, this is where you want to be. This newly updated 3-bedroom, 2-bath duplex offers a very spacious floor plan and could be the perfect place for you. Features include lots of closet space including walk in closets, plenty of parking, a private patio, and exquisite finishes throughout. Don’t miss the opportunity to live near everywhere and within walking distance to Miracle Mile and enjoy your favorite shopping and dining experiences in this highly sought-after location.

Last Agent to Rent the Property

Amparo Alburquerque

United Real Estate Miami License #3162745 Listed on: 05/05/2025

United Real Estate Miami

Last Renter's Agent

Nicolas Delaparte

Rent to Own Realty Inc License #3239914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,198

Year Built

  • Built in 1995

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 50x144
  • North Facing Home
  • Fenced

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,881 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Formal Dining Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/15/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-41-09-033-0240

Community Details

Overview

  • No Home Owners Association
  • Lyndale Addn Condos
  • Lyndale Addn Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,198

Year Built

Built in 1995

Lot Details

0

Rental Info

  • Pets Allowed: No, Yes
  • Available Date: 2025-05-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1995
  • Property Sub Type: Multi Family
  • Architectural Style: First Floor Entry
  • Directions: GPS, WAZE, GOOGLE MAPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • Lot Size: 50x144
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex/Tri/Quad-Annual, Multi Family
  • Subdivision Name: LYNDALE ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), No Additional Rooms
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Marble, Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 2881
  • Stories: 1
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds
  • Dining Room Features: Dining/Living Room, Formal Dining, Other
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LYNDALE ADDN
  • Open Parking: Yes
  • Parking Features: 2 Spaces, Slab/Strip, On Street, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Lawn/Pool Maintenance, None

Lot Info

  • Parcel Number: 01-41-09-033-0240
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7200
  • Zoning: 5700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2014
Sold by
Ulloa Arturo
Bought by
Ulloa Arturo and Tabares Barbara
Current Estimated Value
$1,016,225

Purchase Details

Closed on
Aug 24, 2007
Sold by
Lopez Juan Carlos and Lopez Odalys
Bought by
Lopez Odalys and Ulloa Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 2006
Sold by
Lopez Juan Carlos and Lopez Odalys
Bought by
Lopez Juan Carlos and Lopez Odalys

Purchase Details

Closed on
Oct 7, 1994
Sold by
Davies Eilleen
Bought by
Ruiz Rene and Ruiz Virginia
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
Ulloa Arturo $150,000 Attorney
Lopez Odalys -- Attorney
Lopez Juan Carlos $117,000 Attorney
Ruiz Rene $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tabares Barbera $305,000
Closed Ulloa Arturo $281,830
Previous Owner Ulloa Arturo $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Rented $3,750 0.0% --
06/19/2025 06/19/25 Under Contract -- -- --
06/17/2025 06/17/25 Price Changed $3,750 -6.3% $1 / Sq Ft
06/09/2025 06/09/25 Price Changed $4,000 -3.6% $1 / Sq Ft
05/05/2025 05/05/25 For Rent $4,150 +12.2% --
03/29/2023 03/29/23 Rented $3,700 0.0% --
03/23/2023 03/23/23 Under Contract -- -- --
03/14/2023 03/14/23 For Rent $3,700 0.0% --
08/08/2022 08/08/22 Rented $3,700 0.0% --
08/01/2022 08/01/22 Under Contract -- -- --
07/18/2022 07/18/22 For Rent $3,700 +23.3% --
08/14/2021 08/14/21 Rented $3,000 +3.4% --
08/12/2021 08/12/21 For Rent $2,900 +16.0% --
05/01/2018 05/01/18 Rented $2,500 0.0% --
04/16/2018 04/16/18 For Rent $2,500 +19.0% --
10/02/2015 10/02/15 Rented $2,100 +20.0% --
10/02/2015 10/02/15 For Rent $1,750 0.0% --
10/21/2014 10/21/14 Rented $1,750 0.0% --
10/21/2014 10/21/14 For Rent $1,750 -7.9% --
03/20/2014 03/20/14 Rented $1,900 +15.2% --
03/20/2014 03/20/14 For Rent $1,650 -- --
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 $15,198 $806,989 $518,400 $288,589
2024 $14,297 $734,207 -- --
2023 $14,297 $667,461 $0 $0
2022 $12,889 $418,941 $0 $0
2021 $7,119 $391,089 $0 $0
2020 $11,006 $392,275 $0 $0
2019 $11,154 $402,009 $0 $0
2018 $6,723 $389,594 $0 $0
2017 $6,233 $348,341 $0 $0
2016 $5,915 $326,986 $0 $0
2015 $5,743 $314,005 $0 $0
2014 $5,161 $282,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11796758

MIAMI REALTORS® MLS

APN: 01-4109-033-0240