2731 SW 16th St, Miami, FL 33145

5 beds3 baths1,600 sqft

Off Market
Zestimate®: $309,946
Rent Zestimate®: $2,350/mo
 
 
 
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
This is a great opportunity for investors to purchase this home in a highly sought after neighborhood for renovation and flip or rental income. This property is currently under purchase from the bank and being offered as wholesale from buyers. Seller is a corporation seeking to liquidate assets as soon as possible. PROPERTY NEEDS WORK! Needs new roof, new kitchen, and updates, but this property has huge potential with large backyard. This property is in a high-demand rental area just minutes away from Miracle Mile, Calle Ocho, and Coconut Grove. Priced low because of condition and seller needs to sell it quickly! Comparables around this area go for $250,000 and up. Seller is highly motivated and will consider any reasonable offer!
Seller is not aware of any current violations, as checked through Miami Dade Building Department
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Facts

  • Lot: 7,500 sqft
  • Single Family
  • Built in 1956
  • Cooling: Central

    Features

    • Parking: Carport

        Other

        • Floor size: 1,600 sqft
        • Zillow Home ID: 2110283838

        Zestimate Details

        Zestimate
        A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

        The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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        $309,946
        -$1,639 Last 30 days
        $285K
        $335K
        Zestimate range
        Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

        The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
        $2,350/mo
        -$112 Last 30 days
        $1.9K
        $2.8K
        Zestimate range
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        $XXX,XXX
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        Popularity on Zillow

        If this home is listed on Zillow, it will reach the largest real estate network on the web.*
        788 all-time views
        of this home (chart)
        151 forecasted views of this home
        in the first 7 days after listing for sale
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        Neighborhood

        Market guide

        Zillow predicts Alameda - West Flagler home values will increase 2.6% next year, compared to a 0.6% decrease for Miami as a whole. Among Alameda - West Flagler homes, this home is valued 44.9% more than the midpoint (median) home, and is valued 19.1% more per square foot.

        Foreclosures will be a factor impacting home values in the next several years. In Alameda - West Flagler, the number of foreclosures waiting to be sold is 22.7% less than in Miami, and 161.3% higher than the national average. This lower local number could help Alameda - West Flagler home values rise more quickly than other regions in Miami.

        Learn more about forecast calculations or Alameda - West Flagler home values.
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          For Sale

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          Rentals

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          Other Units in this Building (1)ZestimateBedsBathsSqft
          N/A$359K422,400

          Nearby Schools in Miami

          GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

          Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

          Data by GreatSchools.org