NOT LISTED FOR SALE

3655 SW 16th St Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $786,737 - $908,000

4 Beds
2 Baths
1,680 Sq Ft
$499/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $703,250 $419 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,362/month

14 Days on Market

Highlights

  • Room in yard for a pool
  • Wood Flooring
  • Complete Impact Glass
  • Coral Gables Preparatory Academy Rated A-
  • No HOA
  • 5-minute walk to Phillips Park

About This Home

As of February 2022

Remodeled Duplex in best location! Located 1/2 block from Coral Gables in the City of Miami, this duplex has all the bells and whistles you're looking for in an investment property! Each unit 2/1 + den, washer/dryer. Impact windows & doors throughout, remodeled kitchens, hardwood floors, A/C 2019. Current owner had water meters divided, in both units -tenants pay water and electrical on separate meters. Tenants on a month to month basis and paying under market rental rates of $1400 & $1600. Area rentals of like properties are commanding $2200-$2400/mo rents. City Miami zoning T3-O. COVID restrictions, must wear masks & limit number of persons to view units. *48 hour prior notice required* All appts through Show Assist. Cash offers must provide POF, financed pre-approval or DU w/offer.

Last Agent to Sell the Property

Tina Falla-Trelles

Cervera Real Estate Inc. License #0536483 Listed on: 01/10/2022

Cervera Real Estate Inc.

Last Buyer's Agent

Non-Member Mls Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,060

Year Built

  • Built in 1947

Lot Details

  • 5,271

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Home Security

  • Complete Impact Glass
  • High Impact Door

Additional Features

  • Room in yard for a pool
  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Englewood Condos
  • Englewood Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-41-09-024-1290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,060

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: ENGLEWOOD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1680
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Complete Impact Glass, Impact Glass

Exterior Features

  • Roof: Shingle
  • Exterior Features: Room For Pool
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ENGLEWOOD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-09-024-1290
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7060

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
Jan 10, 2022
Closed on
Feb 17, 2022
Sold by
Jbea-2 Llc
Bought by
Brais Cody
Seller's Agent
Tina Falla-Trelles
Cervera Real Estate Inc.
Buyer's Agent
Non-Member Mls Agent
List Price
$725,000
Sold Price
$703,250
Premium/Discount to List
-$21,750
-3%
Current Estimated Value
$838,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,184
Avg. Annual Appreciation
4.99%
Original Mortgage
$597,762
Outstanding Balance
$555,067
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$283,367

Purchase Details

Listed on
Aug 9, 2012
Closed on
Jun 10, 2013
Sold by
Puig Claudia
Bought by
Jbea 2 Llc
Seller's Agent
Alfredo Gonzalez
International Business Group LLC
Buyer's Agent
Alfredo Gonzalez
International Business Group LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Jan 17, 2005
Sold by
H & J Real Estate Corp
Bought by
Puig Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.25%
Mortgage Type
Unknown
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
Brais Cody $703,300 New Title Company Name
Jbea 2 Llc $200,000 Attorney
Puig Claudia $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brais Cody $597,762
Previous Owner Puig Claudia $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2022 02/17/22 Sold $703,250 -3.0% $419 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $725,000 +262.5% $432 / Sq Ft
06/10/2013 06/10/13 Sold $200,000 0.0% $132 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $200,000 -- $132 / Sq Ft
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 $10,802 $573,451 $378,000 $195,451
2024 $10,498 $543,039 -- --
2023 $10,498 $515,591 $315,000 $200,591
2022 $7,940 $326,954 $0 $0
2021 $7,060 $296,540 $183,750 $112,790
2020 $7,060 $308,450 $194,250 $114,200
2019 $6,787 $320,493 $183,750 $136,743
2018 $6,203 $303,460 $157,500 $145,960
2017 $5,663 $217,482 $0 $0
2016 $5,272 $197,711 $0 $0
2015 $4,960 $179,738 $0 $0
2014 $4,466 $163,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tina Falla-Trelles

    Seller's Agent in 2022

    Tina Falla-Trelles

    Cervera Real Estate Inc.

    (305) 606-4228

    4 in this area

    42 Total Sales

    Tina Falla-Trelles
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Mls Agent

  • A

    Seller's Agent in 2013

    Alfredo Gonzalez

    International Business Group LLC

    (786) 486-3615

    3 Total Sales

    Alfredo Gonzalez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11144706

MIAMI REALTORS® MLS

APN: 01-4109-024-1290

Florida Miami/Dade County Miami 33145 Coral Way

3655 SW 16th St, Miami, FL

This home is located at 3655 SW 16th St, Miami, FL 33145 since 10 January 2022 and is currently estimated at $838,434, approximately $499 per square foot. This property was built in 1947. 3655 SW 16th St 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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