$1,046,500
SOLD MAR 21, 2025

2292 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood
-- Bed
-- Bath
3,251 Sq Ft
1927 Built

Recently Sold

$322 Per Sq Ft

25% Below List Price

303 Days on Market

Highlights

  • Old Spanish Architecture
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • No HOA
  • Tile Flooring

About This Home

As of March 2025

MOTIVATED SELLER! Amazing income opportunity for investors! Located in a quiet single-family neighborhood near Brickell, Coconut Grove, Coral Gables, Key Biscayne, and Downtown. This CORNER LOT spans half a block and features a 4/3 SFH plus 2 legally 3 designated units with individual meters in a duplex. Zoned T3R for single or multi-family (2-9 units), this property boasts charming old Spanish architecture in the rapidly appreciating Shenandoah (Coral Gables) area. The 2 story townhome style duplex offers a 1/1 with a front porch/back patio downstairs and a 2/1 with a large balcony upstairs. Total rental potential for SFH/DUP 9k-10k month. Ideal for multi-generational living or rental income. (Cash Only) offers!! Contact agent/ Do not disturb tenants!

Last Agent to Sell the Property

Elisabel Talavera

Lifestyle International Realty License #3280382

Lifestyle International Realty

Last Buyer's Agent

ANTHONY GUADALUPE

Non Member Listing Office

Non Member Listing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,349

Year Built

  • Built in 1927

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Old Spanish Architecture
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,251 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • Vedado Condos
  • Vedado Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-41-10-027-0700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,349

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Property Sub Type: Multi Family
  • Architectural Style: Attached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex, Multi Family
  • Subdivision Name: VEDADO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3251
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VEDADO
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-027-0700
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10349

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $1,046,500 -12.8% $322 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,200,000 -7.7% $369 / Sq Ft
07/06/2024 07/06/24 Price Changed $1,300,000 -7.1% $400 / Sq Ft
05/28/2024 05/28/24 Off Market $1,400,000 -- --
05/26/2024 05/26/24 For Sale $1,400,000 0.0% $431 / Sq Ft
05/21/2024 05/21/24 For Sale $1,400,000 -- $431 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11587502

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33145 Coral Way

2292 SW 16th Terrace, Miami, FL

Homes for Sale in Miami, FL

This home is located at 2292 SW 16th Terrace, Miami, FL 33145 and is currently priced at $1,046,500, approximately $321 per square foot. This property was built in 1927. 2292 SW 16th Terrace is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.