This amazing multifamily property has tons of investment potential, a central location, and neatly maintained units. Situated on a 0.39 acre corner lot just steps from Cooper Park, this duplex (non-conforming triplex) warmly welcomes with beautiful tropical landscaping, a circular driveway, side driveway, and additional parking spaces. Each unit (3BR/2BA unit and two 2BR/2BA units) boasts an openly flowing floor plan, cheerful paint hues, attractive flooring, sizeable bedrooms, and a large living area. Other features: ample parking, fabulous outdoor spaces, covered patios, close to Coral Gable's Miracle Mile which has exceptional shopping and distinguished restaurants. Whether you’re a savvy homeowner or a seasoned investor, this property affords versatility and multiple exit strategies.
Sold for $1,300,000 on 09/07/23
$1,300,000
5899 SW 16th St, West Miami, FL 33155
7beds
6baths
4,231sqft
Duplex
Built in 1971
-- sqft lot
$1,592,300 Zestimate®
$307/sqft
$4,592 Estimated rent
Home value
$1,592,300
$1.42M - $1.80M
$4,592/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 07, 2023 at 03:01pm
Listed by:
Steven Martonffy 786-277-9258,
The Keyes Company
Bought with:
Iden Nazario, 3308815
First Step Realty Group
Source: MIAMI,MLS#: A11393454
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Features
- Flooring: Tile, Vinyl
- Doors: High Impact Doors
- Windows: Clear Impact Glass, Partial Impact Glass, Partial Panel Shutters/Awnings, Hurricane Shutters, Blinds
Interior area
- Total structure area: 4,707
- Total interior livable area: 4,231 sqft
Property
Parking
- Total spaces: 8
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Lighting
- Fencing: Fenced
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
- Residential vegetation: Fruit Trees
Details
- Additional structures: Extra Building/Shed
- Parcel number: 1540120000040
- Zoning: 0100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Concrete Block Construction
- Roof: Flat Roof With Facade Front,Shingle
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water, Well
Community & neighborhood
Location
- Region: West Miami
- Subdivision: West Miami
Other
Other facts
- Listing terms: All Cash,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2023 | Sold | $1,300,000-5.5%$307/sqft |
Source:  MIAMI #A11393454 | ||
| 7/25/2023 | Pending sale | $1,375,000$325/sqft |
Source: MIAMI #A11393454 | ||
| 7/13/2023 | Contingent | $1,375,000$325/sqft |
Source: MIAMI #A11393454 | ||
| 6/17/2023 | Price change | $1,375,000-24.7%$325/sqft |
Source: MIAMI #A11393454 | ||
| 6/9/2023 | Listed for sale | $1,825,000+644.9%$431/sqft |
Source: MIAMI #A11393454 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $24,584 +168.8% | $1,172,903 +146.6% |
| 2023 | $9,145 +0.4% | $475,594 +3% |
| 2022 | $9,109 -0.6% | $461,742 +3% |
Find assessor info on the county website
Neighborhood: 33155
Nearby schools
GreatSchools rating
- 5/10Sylvania Heights Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10West Miami Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10South Miami Senior High SchoolGrades: 9-12Distance: 2.7 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,592,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,592,300