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1378 Southwest 16th Street

1378 Southwest 16th Street, Miami, FL 33145
Property in Coral Way
Refi May 11, 2007
Transfer
$320,000 by World Savings Bank Fsb
Mortgage Due May 21, 2037
1378 Southwest 16th Street has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1378 Southwest 16th Street has 2,806 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. 1378 Southwest 16th Street was last assessed in 2023. The total value of the property was assessed at $472,432. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,690. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,250
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,240
  • Gross Building Area: 3,240
  • Building Area: 2,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THIRD WESTMORELAND ADD
  • Land Acres: 0.166
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: THIRD WESTMORELAND ADD PB 4-127 LOT 14 LESS EXT AREA OF CURVE IN NW COR BLK 22 LOT SIZE 50.000 X 145 OR 15311-1582-1291 1

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006504

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 247
  • District: 01
  • Parcel: 01-4111-022-0710
  • Block: 22
  • Lot: 14
  • Meridian: SEC 11 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7576
  • Longitude: -80.218

    Address

  • Full Address: 1378 Sw 16th St
  • Address - House Number: 1378
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C024
  • 4-Digit Zip Code: 1622
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 2,950
  • Tax Year: 2023
  • Tax Amount: $10,690
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,188,632
  • High Value: 1,300,287
  • Low Value: 1,076,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Open Lien Mortgage Recording Date: May 11, 2007
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Negative Amortization
  • First Open Lien Mortgage Loan Due Date: May 21, 2037

    Market Valuation

  • Market Total Value: $819,831
  • Market Land Value: $558,041
  • Market Improvement Value: $261,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,432

    Exemptions

  • Homeowner Exemption: Yes

About Coral Way



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Frequently Asked Questions

What neighborhood is 1378 Southwest 16th Street located in?
The 1378 Southwest 16th Street is a located in the neighborhood of Coral Way in Coral Way, Miami.
What is the average sales price for listings in 1378 Southwest 16th Street?
The average sales price for units in 1378 Southwest 16th Street is $0 currently.

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