NOT LISTED FOR SALE

3188 SW 16th Terrace Unit 1645 Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $2,874,689

4 Beds
2 Baths
740 Sq Ft
$3,885/Sq Ft Est. Value

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Coral Gables Preparatory Academy Rated A-
  • Tile Flooring

About This Home

As of September 2012

LOCATION, LOCATION, LOCATION. CORNER RETAIL SPACE, PERFECT TO START A NEW BUSINESS, IN BETWEEN CORAL WAY AND SW 8 ST. EASY SHOWING.

Last Agent to Rent the Property

Maria Bethencourt

Miller Eaton LLC License #3227977 Listed on: 06/09/2012

Last Renter's Agent

Maria Bethencourt

Miller Eaton LLC License #3227977 Listed on: 06/09/2012

Property Details

Property Type

  • Other

Year Built

  • Built in 1949

Lot Details

  • 740 Sq Ft Lot
  • Lot Dimensions are 100x143
  • Property is zoned 61/COMME

Parking

  • Common or Shared Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • 220 Volts

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • 1 To 3 Year Lease Lease Term
  • Assessor Parcel Number 01-41-09-034-0300

Property Details

Property Type

Other

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Lease Term: 1 To 3 Year Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1949
  • Property Sub Type: Lease
  • Business Type: Shopping Center
  • Directions: US-1 TURN WEST IN 32ND AVE UNTIL YOU REACH 16 TER
  • Horses: No
  • Lease Assignable: No
  • Lot Size: 100x143
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • Year Built Details: Unknown
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Corner Unit
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common

Utilities

  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: 110 Volts Power, 220 Volts
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-09-034-0300
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 740
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 16354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2005
Sold by
Perez Leslye
Bought by
One Trading Group Llc
Current Estimated Value
$2,874,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,763
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2004
Sold by
Martinez Investments Corp
Bought by
Lpr Enterprises Of Miami Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1999
Sold by
Julian & Wanda Inc
Bought by
Jayke & Jaylen Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 1995
Sold by
Sarussi Wanda and Carter Julian
Bought by
Julian & Wanda Inc

Purchase Details

Closed on
Oct 12, 1994
Sold by
Clerk Circuit Court
Bought by
Sarussi Wanda and Carter Julian
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
One Trading Group Llc $1,300,000 Mutual Trust Title Inc
Lpr Enterprises Of Miami Inc $950,000 Realty Title Services Inc
Jayke & Jaylen Corp $300,000 --
Julian & Wanda Inc $176,300 --
Sarussi Wanda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Trading Group Llc $450,000
Closed One Trading Group Llc $425,000
Closed One Trading Group Llc $629,763
Previous Owner Lpr Enterprises Of Miami Inc $850,000
Previous Owner Sarussi Wanda $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2012 09/07/12 Rented $1,500 -11.0% --
09/05/2012 09/05/12 Under Contract -- -- --
06/09/2012 06/09/12 For Rent $1,685 -- --
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 $22,941 $1,135,424 $858,000 $277,424
2024 $23,154 $1,093,214 -- --
2023 $23,154 $993,831 $858,000 $135,831
2022 $22,140 $1,019,703 $786,500 $233,203
2021 $20,687 $994,372 $786,500 $207,872
2020 $21,944 $994,653 $786,500 $208,153
2019 $21,660 $986,398 $786,500 $199,898
2018 $21,266 $986,680 $786,500 $200,180
2017 $21,050 $886,744 $0 $0
2016 $20,365 $857,629 $0 $0
2015 $18,360 $779,663 $0 $0
2014 $16,834 $708,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1651216

MIAMI REALTORS® MLS

APN: 01-4109-034-0300