by RH Advisors

See Home Value
$670,000
House - Off Market

2268 SW 16th Ter

Miami, FL 33145
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2682 Sqft
$4,131
Estimated Monthly
$0
HOA / Fees
26.24%
Cap Rate

About This Property

Zone multifamily with one electric meter. 5 bedrooms and 3 bathrooms with 2,682 Sq. Ft and 5,450 Sq. Ft site. With a total of 3 units rented month to month. Perfectly situated just minutes from everything, Shenandoah is a neighborhood right in the heart of Miami. Tree lined streets, verdant yards, and only a short walk from Miami Beach, Coconut Grove, Brickell and Downtown Miami, yet is on one of the highest elevation neighbors with many homes above flood level. Excellent investment opportunity. Property needs work.
Unit Size
2,682Ft²
Days on Market
135 days
Land Size
0.13 acres
Price per sqft
$261
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
2013
Last updated: 5 months ago (Miami MLS #A11440681)

Price History

Date / Event Date Event Price
Dec 17, 2023 No longer available -
No longer available
Dec 14, 2023 Sold $670,000
Sold
Nov 11, 2023 In contract -
In contract
Nov 9, 2023 Price Decreased $699,900
↓ $60K (7.9%)
Price Decreased
Oct 21, 2023 Price Decreased $759,900
↓ $40K (5%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 2,852
  • Gross Building Area: 2,852
  • Building Area: 2,852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODSIDE
  • Land Acres: 0.158
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 22682270 CONDO UNIT 2268 AKA N1/2 OF LOT 26 BLK 3 OF WOODSIDE PB 5-28 UNDIV 1/2 INT IN COMMON ELEMENTS OFF REC 28969-3600

Ownership

  • Current Owner : FAJARDO ANTON
  • Previous Owner : BARBER PAULA E
  • Owner Before Previous Owner: VG2268 INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006900

Geography

  • District: 01
  • Parcel: 01-4140-060-0010
  • Block: 3
  • Lot: 26
  • Meridian: SEC 40 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7496
  • Longitude: -80.2202

    Address

  • Full Address: 2268 Sw 16th Ave
  • Address - House Number: 2268
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C023
  • 4-Digit Zip Code: 3926
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 2,852
  • Tax Year: 2020
  • Tax Amount: $7,904
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Jan 26, 2022
  • Confidence Score: 74
  • Final Value: 1,102,578
  • High Value: 1,313,038
  • Low Value: 892,117

    Market Valuation

  • Market Total Value: $583,183

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $412,728

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2018
  • Current Sale Recording Date: Mar 12, 2018
  • Current Sale Transaction ID: 11433596150
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0145124
  • Previous Sale Recording Date: Feb 03, 2015
  • Previous Sale Contract Date: Dec 03, 2014
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTINENTAL NATIONAL BANK
  • First Mortgage Transaction Date: Mar 12, 2018
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 2
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 01, 2018

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
2,178 ft²
$363/ft²
$790,000 Aug 16, 2023
$790,000 Oct 10, 2023
$698/mo
House
4 Beds
3 Baths
1,504 ft²
$482/ft²
$725,000 Jun 9, 2023
$725,000 Oct 18, 2023
$233/mo
House
2 Beds
1 Bath
2,255 ft²
$277/ft²
$625,000 Aug 18, 2023
$625,000 Oct 10, 2023
$921/mo
House
2 Beds
2 Baths
1,663 ft²
$451/ft²
$750,000 May 25, 2023
$750,000 Sep 1, 2023
$768/mo
House
3 Beds
1 Bath
1,458 ft²
$453/ft²
$660,000 Feb 23, 2023
$660,000 Dec 4, 2023
$155/mo
House
2 Beds
2 Baths
1,362 ft²
$540/ft²
$735,000 Oct 6, 2023
$735,000 Nov 3, 2023
$568/mo
House
4 Beds
4 Baths
1,852 ft²
$451/ft²
$835,000 Nov 13, 2023
-
$865/mo
House
4 Beds
3 Baths
1,682 ft²
$476/ft²
$800,000 Nov 27, 2023
-
$688/mo
House
4 Beds
3 Baths
1,524 ft²
$482/ft²
$735,000 Nov 21, 2023
-
$890/mo
House
3 Beds
2 Baths
1,900 ft²
$368/ft²
$699,000 Oct 31, 2023
-
$408/mo
House
3 Beds
3 Baths
1,724 ft²
$423/ft²
$730,000 Sep 11, 2023
-
$622/mo
House
2 Beds
1 Bath
1,818 ft²
$440/ft²
$800,000 Aug 29, 2023
-
$126/mo

About Coral Way


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Frequently Asked Questions

When was property at 2268 Southwest 16th Avenue built and last sold?
The property at 2268 Southwest 16th Avenue was built in 2013 and last sold on Feb 26, 2018 for $575,000.
How much is this home worth?
The estimated value of the home located at 2268 Southwest 16th Avenue is $858,399.
What are some comparable homes to 2268 Southwest 16th Avenue?
Homes that are comparable to 2268 Southwest 16th Avenue include a house property at 2227 Southwest 17th Street, 1527 Southwest 20th Avenue, 2110 Southwest 19th Street.

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