Home » Miami » 2466-2468 SW 16th Ter, Miami, FL 33145 | A11523663

Duplex Sold 2466-2468 SW 16th Ter, Miami, FL 33145

$699,000
closed for a price of $690,000

Property Highlights

Listing ID A11523663 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,519 Sqft/141.12 m2 approx. Building Area 1,689 Sqft/156.91 m2 approx. Year Built 1959 Time of this property from published date until Closing Date 48 Days

2466-2468 SW 16th Ter, Miami, FL 33145

Property Description: EXCELLENT OPPORTUNITY TO PURCHASE A DUPLEX IN HIGHLY DESIRED AREA NEAR SHENANDOAH. EACH UNIT IS A 2 BEDROOM ONE BATH. BOTH CURRENTLY RENTED WITH LEASES EXPIRING SOON. FRESHLY PAINTED EXTERIOR. VERY WELL-MAINTAINED INTERIORS. HURRICAN SHUTTERS. NEW ROOF IN 2019. PROPERTY SITS ON A LARGE LOT THAT WILL ALLOW FOR EXPANSION IF DESIRED. DEMAND FOR RENTAL HOUSING IN AREA IS VERY HIGH. NEAR COCONUT GROVE, DOWNTOWN, BRICKELL, AIRPORT. SHOPPING AND DINNING GALORE. LIVE IN ONE UNIT, RENT THE 2ND IS GREAT FOR BUYER SEEKING TO HAVE RENTAL INCOME TO OFFSET HOUSING EXPENSES.

Useful Info

Contingency:No Contingencies
Original List Price:$699,000
Close Price:$690,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$11,797

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:GRAPELAND
Senior Community:No

Parking

Parking Total Spaces:3
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Homestead Tax
Flood ZoneX
Type of AssociationNone
Style Duplex
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number2
Buyer Country of ResidenceUSA
Buy StateNew Jersey

Zoning and Legal

Tax Legal Description:9-10 54 41 GRAPELAND SUB REV PB 3-196 LOT 9 BLK 14 LOT SIZE 50.000 X 154 OR 19123-2511 04 2000 4
Real Estate Folio Number (Parcel Number):01-41-10-002-2860
Zoning Description:5700
Public Survey Township:1
Public Survey Range:41
Public Survey Section:10

Listing History

Update/EventDate/Days
Published Date:January 30, 2024 11:01 am
On Market Date:January 30, 2024
Close Date:March 18, 2024
Price Change Date Time:January 30, 2024 9:04 am
Last Important Update Description:Closed
Date and Time of Last Important Update:March 19, 2024 7:48 am
Status Last Changed:March 19, 2024 7:48 am
Photos Last Modified:January 30, 2024 4:21 pm
Last Modified:March 19, 2024 11:49 am
Days on the Market Reference Date:March 19, 2024
Days on the Market (updated on Last Modified*):3
Cumulative Days on the Market (updated on Last Modified**):3

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:13
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:AB Realty, LLC
Universal Property Id:US-12025-N-0141100022860-R-N

Location

Show Property Address:Yes
Street Name:16th Ter
Street Number:2466-2468
Street Direction Prefix:SW
Street Address:2466-2468 SW 16th Ter
City : Miami
State : Florida
Zip Code : 33145
County : Miami-Dade County
Full Address:2466-2468 SW 16th Ter, Miami, FL 33145
Latitude:N25° 45' 24.1''
Longitude:W81° 45' 51.4''

Neighborhood

Postal City:Miami

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