3132 SW 16th St Miami, FL 33145
Coral Way NeighborhoodHighlights
- In Ground Pool
- No HOA
- Arched Windows
- Coral Gables Preparatory Academy Rated A-
- Balcony
- 3-minute walk to Coral Gate Park
About This Home
As of December 2024Come see this incredible investment opportunity in Shenandoah! Whether you want to live rent-free or generate income, the choice is yours. This beautiful Spanish Hacienda style triplex was built in 2003 and on the market for the first time, offers 5,000 sq.ft. of living space on a 7,200 sq.ft. lot. The upstairs unit features 3 beds, 2 baths, vaulted ceilings, and nearly 1,900 sq. ft. of living space. The ground floor unit boasts 5 beds, 3 baths, a large eat-in kitchen, and spacious rooms perfect for a big family. The property includes a large freeform pool and a detached 1-bedroom, 1-bath guest house with a kitchen and generous living area—ideal for in-laws, teens, or rental income. Perfect for short- or long-term rentals. While the property needs some TLC, it’s a fantastic deal overall!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,206
Year Built
- Built in 1993
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 4,330 Sq Ft Home
- 2-Story Property
- Arched Windows
- Casement Windows
- Ceramic Tile Flooring
Pool
- In Ground Pool
- Free Form Pool
Utilities
- Central Heating and Cooling System
- Reverse Cycle Heating System
Additional Features
- Balcony
- Fenced
Community Details
- No Home Owners Association
- 3 Units
- Lyndale Second Addition Condos
- Lyndale Second Addition,Casa Realayam Subdivision, Triplex With Pool Floorplan
Listing and Financial Details
- Rent includes pool maintenance, water
- Assessor Parcel Number 01-41-09-034-0035
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $1,090,000 | -22.1% | $252 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 10/16/2024 10/16/24 | For Sale | $1,399,999 | -- | $323 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,206 | $666,035 | -- | -- |
| 2023 | $14,206 | $612,142 | $0 | $0 |
| 2022 | $12,860 | $556,493 | $0 | $0 |
| 2021 | $11,509 | $505,903 | $252,000 | $253,903 |
| 2020 | $11,915 | $523,778 | $266,400 | $257,378 |
| 2019 | $12,500 | $549,961 | $252,000 | $297,961 |
| 2018 | $11,638 | $531,205 | $216,000 | $315,205 |
| 2017 | $10,654 | $467,057 | $0 | $0 |
| 2016 | $11,347 | $485,075 | $0 | $0 |
| 2015 | $10,765 | $449,965 | $0 | $0 |
| 2014 | $8,260 | $371,907 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $763,000 | New Conventional | |
| Closed | $763,000 | New Conventional | |
| Previous Owner | $770,000 | New Conventional | |
| Previous Owner | $550,000 | New Conventional | |
| Previous Owner | $460,000 | Construction | |
| Previous Owner | $386,500 | Stand Alone First | |
| Previous Owner | $345,000 | Construction | |
| Previous Owner | $120,000 | Stand Alone First | |
| Previous Owner | $210,000 | Balloon | |
| Previous Owner | $65,000 | Stand Alone First |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,090,000 | Safekey Title & Closings | |
| Warranty Deed | $1,090,000 | Safekey Title & Closings | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: MIAMI REALTORS® MLS
MLS Number: A11677394
APN: 01-4109-034-0035
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