NOT LISTED FOR SALE

7244 SW 16th Terrace Miami, FL 33155

Coral Terrace Area

Estimated Value: $538,000 - $609,000

3 Beds
1 Bath
1,327 Sq Ft
$441/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2025

Last sale price $580,000 $437 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,400 / mo

40 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • Breakfast Area or Nook
  • Flagami Elementary School Rated A-
  • No HOA
  • Partial Panel Shutters or Awnings

About This Home

As of March 2025

Embrace the Charm of Vintage Miami! Don't miss this incredible opportunity to restore and reimagine this original Coral Terrace gem. Nestled on a picturesque, tree-lined street, this 3-bedroom, 1-bath home radiates timeless old Miami charm and character. Featuring a spacious open living area, a brand-new roof, a generous yard, a convenient carport, and a stunning mature oak tree, this home is a true classic. Located in one of Miami’s most sought-after neighborhoods, Coral Terrace offers unmatched convenience with easy access to Coral Gables, South Miami, Miami International Airport, and the city center.

Last Agent to Sell the Property

Melissa Adams

RE/MAX Advance Realty II License #3207958 Listed on: 01/29/2025

RE/MAX Advance Realty II

Co-Listed By

Brett Adams

RE/MAX Advance Realty II License #3617679

Last Buyer's Agent

Jose Ramirez Rodriguez

EXP Realty LLC License #3460135

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 1950

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof

Interior Spaces

  • 1,327 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Garden Views
  • Partial Panel Shutters or Awnings
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Snack Bar or Counter

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Attached Carport Space
  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio

Schools

  • Flagami Elementary School
  • West Miami Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Harwood Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-11-001-0530

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 1950

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Co List Office Mls Id: ADVA01
  • Co List Office Phone: 305-251-2127
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HARWOOD VILLAGE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator
  • Interior Amenities: Stacked Bedroom, Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1327
  • Possible Use: Primary
  • Window Features: Partial Panel Shutters/Awnings, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Room For Pool
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HARWOOD VILLAGE
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

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
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Flagami
  • High School: South Miami
  • Middle Or Junior School: West Miami

Lot Info

  • Parcel Number: 30-40-11-001-0530
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2210

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Feb 27, 2025
Sold by
Bought by
Seller's Agent
Melissa Adams
RE/MAX Advance Realty II
Buyer's Agent
Jose Ramirez Rodriguez
EXP Realty LLC
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%
Views
31
Current Estimated Value
$585,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,668
Avg. Annual Appreciation
0.71%
Original Mortgage
$551,000
Interest Rate
0.0696%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$580,000 Advance Partners Title
-- Attorney
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $551,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $580,000 +0.9% $437 / Sq Ft
01/29/2025 01/29/25 For Sale $575,000 -- $433 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,210 $162,384
2024 $1,995 $157,808
2023 $1,995 $153,212 $0 $0
2022 $1,872 $148,750 $0 $0
2021 $1,831 $144,418 $0 $0
2020 $1,805 $142,425 $0 $0
2019 $1,754 $139,223 $0 $0
2018 $1,640 $136,628 $0 $0
2017 $2,107 $133,818 $0 $0
2016 $2,073 $131,066 $0 $0
2015 $2,093 $130,155 $0 $0
2014 $2,114 $129,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11734600

MIAMI REALTORS® MLS

APN: 30-4011-001-0530

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