$984,000 - $1,069,000
RENTED JUL 15, 2025

3042 SW 16th Terrace Unit 3042 Miami, FL 33145

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

Highlights

  • Marble Flooring
  • Garden View
  • Breakfast Area or Nook
  • Coral Gables Preparatory Academy Rated A-
  • No HOA
  • 5-minute walk to Coral Gate Park

About This Home

As of July 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 formal dinning and eat-in kitchen, covered patio, lots of closet space including walk in closets, plenty of parking, and exquisite finishes throughout. Don’t miss the opportunity to live in this central location and within walking distance of Miracle Mile. Enjoy your favorite shopping and dining experiences.

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

Austin Owen

LoKation License #3576549

LoKation

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
  • Family Room
  • Formal Dining Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Coral Gables Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

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,Lyndale 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,LYNDALE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Pantry, Split Bedroom, Walk-In Closet(s), Family Room, No Additional Rooms, Utility Room/Laundry
  • 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, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Other
  • Living Room Features: Family Room, Laundry, No Additional Rooms, Pantry, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Other
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, 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: Laundry Room, Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

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

Schools

  • Elementary School: Coral Gables
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

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
07/15/2025 07/15/25 Rented $3,800 -3.8% --
06/27/2025 06/27/25 Under Contract -- -- --
06/17/2025 06/17/25 Price Changed $3,950 -7.1% $1 / Sq Ft
06/09/2025 06/09/25 Price Changed $4,250 -4.5% $1 / Sq Ft
05/05/2025 05/05/25 For Rent $4,450 -- --
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

  • Amparo Alburquerque

    Landlord's Agent in 2025

    Amparo Alburquerque

    United Real Estate Miami

    (305) 218-2923

    4 Total Sales

    Section Image

  • A

    Tenant's Agent in 2025

    Austin Owen

    LoKation Real Estate

    (770) 670-0160

    1 Total Sale

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11796804

MIAMI REALTORS® MLS

APN: 01-4109-033-0240

Florida Miami/Dade County Miami 33145 Coral Way

3042 SW 16th Terrace Unit 3042, Miami, FL

This home is located at 3042 SW 16th Terrace Unit 3042, Miami, FL 33145 since 05 May 2025 and is currently priced at $1,016,225. This property was built in 1995. 3042 SW 16th Terrace Unit 3042 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables 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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