Seller's Agent in 2024
Miguel Solis
Douglas Elliman
(305) 343-9554
7 in this area
135 Total Sales
3132 SW 16th St Miami, FL 33145
Coral Way Neighborhood
--
Bed
--
Bath
4,330
Sq Ft
7,187
Sq Ft Lot
Highlights
- In Ground Pool
- No HOA
- Arched Windows
- Coral Gables Preparatory Academy Rated A-
- Balcony
- 3-minute walk to Coral Gate Park
About This Home
As of December 2024Come see this incredible investment opportunity in Shenandoah! Whether you want to live rent-free or generate income, the choice is yours. This beautiful Spanish Hacienda style triplex was built in 2003 and on the market for the first time, offers 5,000 sq.ft. of living space on a 7,200 sq.ft. lot. The upstairs unit features 3 beds, 2 baths, vaulted ceilings, and nearly 1,900 sq. ft. of living space. The ground floor unit boasts 5 beds, 3 baths, a large eat-in kitchen, and spacious rooms perfect for a big family. The property includes a large freeform pool and a detached 1-bedroom, 1-bath guest house with a kitchen and generous living area—ideal for in-laws, teens, or rental income. Perfect for short- or long-term rentals. While the property needs some TLC, it’s a fantastic deal overall!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,206
Year Built
- Built in 1993
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 4,330 Sq Ft Home
- 2-Story Property
- Arched Windows
- Casement Windows
- Ceramic Tile Flooring
Pool
- In Ground Pool
- Free Form Pool
Utilities
- Central Heating and Cooling System
- Reverse Cycle Heating System
Additional Features
- Balcony
- Fenced
Community Details
- No Home Owners Association
- 3 Units
- Lyndale Second Addition Condos
- Lyndale Second Addition,Casa Realayam Subdivision, Triplex With Pool Floorplan
Listing and Financial Details
- Rent includes pool maintenance, water
- Assessor Parcel Number 01-41-09-034-0035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2024
Closed on
Dec 12, 2024
Sold by
Realayam Llc
Bought by
Espinosa Lenay Moya and Serrania Damer
Seller's Agent
Miguel Solis
Douglas Elliman
Buyer's Agent
Ariadne Regueira
United Realty Group Inc
List Price
$1,399,999
Sold Price
$1,090,000
Premium/Discount to List
-$309,999
-22.14%
Total Days on Market
54
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,442
Avg. Annual Appreciation
-9.34%
Original Mortgage
$763,000
Outstanding Balance
$758,350
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$266,364
Purchase Details
Closed on
Feb 5, 2016
Sold by
Alayeto Rene and Amador Alayeto Aycel
Bought by
Realayam Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.98%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 3, 2014
Sold by
Alayeto Rene F
Bought by
Alayeto Rene F
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,090,000 | Safekey Title & Closings | |
| Warranty Deed | $1,090,000 | Safekey Title & Closings | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $763,000 | New Conventional | |
| Closed | $763,000 | New Conventional | |
| Previous Owner | $770,000 | New Conventional | |
| Previous Owner | $550,000 | New Conventional | |
| Previous Owner | $460,000 | Construction | |
| Previous Owner | $386,500 | Stand Alone First | |
| Previous Owner | $345,000 | Construction | |
| Previous Owner | $120,000 | Stand Alone First | |
| Previous Owner | $210,000 | Balloon | |
| Previous Owner | $65,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $1,090,000 | -22.1% | $252 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 10/16/2024 10/16/24 | For Sale | $1,399,999 | -- | $323 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $14,925 | $922,571 | $518,400 | $404,171 |
| 2024 | $14,206 | $666,035 | -- | -- |
| 2023 | $14,206 | $612,142 | $0 | $0 |
| 2022 | $12,860 | $556,493 | $0 | $0 |
| 2021 | $11,509 | $505,903 | $252,000 | $253,903 |
| 2020 | $11,915 | $523,778 | $266,400 | $257,378 |
| 2019 | $12,500 | $549,961 | $252,000 | $297,961 |
| 2018 | $11,638 | $531,205 | $216,000 | $315,205 |
| 2017 | $10,654 | $467,057 | $0 | $0 |
| 2016 | $11,347 | $485,075 | $0 | $0 |
| 2015 | $10,765 | $449,965 | $0 | $0 |
| 2014 | $8,260 | $371,907 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Ariadne Regueira
United Realty Group Inc
(954) 466-0304
3 in this area
140 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11677394
APN: 01-4109-034-0035
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