Home in 2551 SE 16th Terrace, Homestead, FL 33035 with MLS# A11971314

OVER 10% RETURN IN PERFECT CONDITION PROPERTYExcellent Investment Opportunity - High Yield Property in Keys Cove!Excelente location steps from Publix few blocks away from Turnpike and Outlet MallIncome-producing condominium generating $2,873 per month with a serious, stable long-term tenant in place. Strong return with immediate cash flow from day one.Unit is in excellent condition featuring stainless steel appliances and well-maintained interiors. Located in the desirable Keys Cove community with gated access and amenities.Perfect for investors seeking solid ROI and stable income.DO NOT DISTURB TENANT. DO NOT SHOW INSIDE.Interior inspection will be granted only after a fully executed contract. Tenant rights must be respected.Serious inquiries only.

📅 View days on the market

Days on the market

2551 SE 16th Terrace, Homestead, FL 33035

Price
Price:
$230,000.00
Original List Price:
$230,000.00
Close Price:
$230,000.00
Transaction closed on:
April 15, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
Status Change
Last Major Update on:
April 15, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Room Type:
Florida Room
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
1,060 Sqft
Built-Up Area:
1,060 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Private Pool
Swimming Pool Features:
Above Ground
Appliances:
Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Patio and Porch:
Porch, Porch - Open
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
South
Construction
Year Built:
2006
Roof:
Flat, Tile
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Ceramic Tile
Number of stories:
2
Flood Zone Code:
X
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$4,162.00
Tax Year:
2025
Association Fee:
$351.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Information:
Association Approval Required
Association Type:
Homeowner Association
Amenities Provided by the Homeowner's Association (HOA):
Pool, Clubhouse, Management, Gated, Manager On Site
Subdivision Name:
SHOMA CONDO AT KEYS COVE
Senior Community:
Yes
Restrictions:
Limited # Vehicles
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
SHOMA CONDO AT KEYS COVE CONDO UNIT 548 BLDG 66 UNDIV 1/576 INT IN COMMON ELEMENTS OFF REC 23958-4439 COC 24981-2892 09 2006 1
Real Estate Folio Number (Parcel Number):
1079290141500
Zoning:
9300
Public Schools Assigned
Elementary School:
Bay Crest-hb
High School:
Homestead
Middle Or Junior School:
Homestead
Listing History
Active on the market since:
February 24, 2026
Listing Agreement executed on:
February 24, 2026
Purchase Contract Date:
March 4, 2026
Listing Status Last Changed On:
April 15, 2026 4:00 am
Photos updated on:
April 15, 2026 9:14 am
Last Modified:
April 15, 2026 9:14 am
Additional Information
Courtesy of:
Core International Realty
Attribution:
Not provided
Location
Street Name:
16th
Street Number:
2551
City:
Homestead
State:
Florida
Zip Code:
33035
County:
Miami-Dade
Latitude:
N25° 26' 40.7''
Longitude:
W81° 32' 46.8''
Street Suffix:
Terrace
Street Direction Prefix:
SE
Property Map

Want to schedule an in-person or virtual tour? Have questions?

Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question


Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $67,601
Median Home Value $310,500
Median Rent $1,855/mo
Median Age 35
Population 18,756

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 Good
Mortgage Calculator

Please note: Monthly HOA / Condo Fees Not Included. The calculator shows the listing price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$
Ver la Propiedad Ver la propiedad 2551 SE 16th Terrace, Homestead, FL 33035
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.