2731 SW 16th St, Miami, FL 33145

5 beds, 3 baths, 1,600 sqft
Off Market
Zestimate®: $493,128
Rent Zestimate®: $2,936/mo
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This home is not currently listed for sale or rent on Zillow.

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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
        Home Values
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        $493,128
        -$49,917 Last 30 daysd
        $468K
        $518K
        Zestimate range
        Rent Zestimate What's this?
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        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
        $2,936/mo
        -$121 Last 30 daysd
        $2.2K
        $3.9K
        Zestimate range

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        Neighborhood for 2731 Sw 16th Street

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        Zillow predicts Alameda - West Flagler home values will increase 6% next year, compared to a 5.7% rise for Miami as a whole. Among Alameda - West Flagler homes, this home is valued 151.3% more than the midpoint (median) home, and is valued 108.1% 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 12.2% less than in Miami, and 153.3% 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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           Other Units in this Building (1)ZestimateBedsBathsSqft
          • N/A$262K422,400

          Nearby Schools in Miami

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          These listing agents specialize in this area and can get you a market value for this home and answer your questions.

          Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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          Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

          Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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