Home » Miami » 1703 SW 16th Ter, Miami, FL 33145 | A11612022

Duplex Sold 1703 SW 16th Ter, Miami, FL 33145

$864,990
closed for a price of $600,000

Property Highlights

Listing ID A11612022 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 2,874 Sqft/267.00 m2 approx. Building Area 3,308 Sqft/307.32 m2 approx. Year Built 1935 Time of this property from published date until Closing Date 67 Days

1703 SW 16th Ter, Miami, FL 33145

Property Description: ATTENTION INVESTORS!!! This is the definition of potential and upside. Located in the ultra hot neighborhood of Shenandoah, this property is just waiting for the right buyer to put their personal touches. Blocks away from 8th street; this property can be an Airbnb moneymaker or a great investment overall. Beautiful Old Spanish architecture that needs some TLC. The property is a legal duplex comprising of a large single family home and an attached apartment unit with separate parking. Priced to sell quick. Property is being sold "as is " and CASH ONLY! For showings please call/text listing agent. Please do not disturb tenants.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$890,000
Original List Price:$890,000
Close Price:$600,000

Lease Details

Rent Includes:
  • Hot Water
  • Trash Collection
  • Water
  • Electricity

Land Lot (Parcel) Details

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

Construction

Year Built Details:
  • Effective Year Built
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:2
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Barrel
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$12,627

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 Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:DURNIERS
Senior Community:No

Parking

Parking Total Spaces:5
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Not Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Type of AssociationNone
Style Duplex
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number30
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:DURNIERS SUB PB 11-2 E52FT OF LOTS 1 2 BLK 1 LOT SIZE 52.000 X 109 OR 10255-2108 1278 1 COC 22313-4097 05 2004 6
Real Estate Folio Number (Parcel Number):01-41-10-030-0010
Zoning Description:0100
Public Survey Township:1
Public Survey Range:41
Public Survey Section:10

Listing History

Update/EventDate/Days
Published Date:June 24, 2024 10:52 am
On Market Date:June 24, 2024
Close Date:August 30, 2024
Price Change Date Time:July 16, 2024 6:20 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 3, 2024 8:53 pm
Status Last Changed:September 3, 2024 8:53 pm
Photos Last Modified:June 24, 2024 3:18 pm
Last Modified:September 4, 2024 12:54 am
Days on the Market Reference Date:September 4, 2024
Days on the Market (updated on Last Modified*):57
Cumulative Days on the Market (updated on Last Modified**):57

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:9
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:40
Automated Valuation Display:Yes
Courtesy of:Keller Williams Capital Realty
Universal Property Id:US-12025-N-0141100300010-R-N

Location

Show Property Address:Yes
Street Name:16th Ter
Street Number:1703
Street Direction Prefix:SW
Street Address:1703 SW 16th Ter
City : Miami
State : Florida
Zip Code : 33145
County : Miami-Dade County
Full Address:1703 SW 16th Ter, Miami, FL 33145
Latitude:N25° 45' 27.7''
Longitude:W81° 46' 39.1''

Neighborhood

Postal City:Miami

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