FOR_SALEExcellent Deal252 days on market

1650 SW 16th St

1650 SW 16th St, Miami, FL 33145, Miami, FL 33145
$1,250,000

Listing Price

Property image 1
1650 SW 16th St, Miami, FL 33145
Loc: Miami, FL
Days Listed
252
Tax Assessed
$644k
Lot Size
5,450 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Coral Way K-8 Center

PK-8
0.4 mi away
5

Miami Senior High School

PK,9-12
1.3 mi away
5

Shenandoah Middle School

6-8
0.4 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.93%
Total ROI
29.3%
Cash Flow
$1,936/mo
DSCR
1.31
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-19Price change$1,250,000$566
2026-04-02Price change$1,399,999$634
2026-03-04Price change$1,499,999$679
2026-01-19Price change$1,550,000$702
2025-12-11Listed for sale$1,650,000$747
2019-07-27Listing removed$4,500$2
2019-06-26Listed for rent$4,500$2
2001-07-18Sold$162,500$74

Tax History

YearProperty TaxTax Assessment
2025$4,809.43$244,781
2024$4,688.94$237,883
2023$13,099.74$600,287
2022$4,516.49$224,229
2021$4,498.26$217,699
2020$4,445.89$214,694
2019$4,351.31$209,868
2018$4,194.86$205,955
2017$4,194.86$201,719
2016$4,148.91$197,571
2015$4,201.03$196,198
2014$4,239.62$194,641
2013$4,247.54$191,765
2012$4,247.54$195,511
2011$4,140.44$189,817
2010$4,283.03$187,012
2009$3,967.06$182,096
2007$4,009.08$151,617
2006$4,366.56$0
2005$4,366.56$0
2004$4,377.73$0
2003$4,276.25$0
2002$2,905.16$0
2001$2,905.16$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,209
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,250,000Rent Basis: Modeled Estimate ($10,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $625/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.29%

NOI: $78,593/yr

Cash-on-Cash Yield
0.3%

On $287,500 invested

DSCR Ratio
1.01x

Tight qualification

5-Yr Leveraged ROI
+95.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$526/mo
Homeowner / Hazard Insurance-$625/mo
Vacancy Reserve (5% of rent)-$500/mo
Repairs & Maintenance (10% of rent)-$1,000/mo
Property Management (8% of rent)-$800/mo
Total Pure Operating Expenses-$3,451/mo
Net Investor Cash Flow
Gross Scheduled Rent+$10,000/mo
Less: Operating Expenses-$3,451/mo
Net Operating Income (NOI)+$6,549/mo
Less: Debt Service (30yr @ 6.75%)-$6,486/mo
Net Cash Flow
$63/mo
$761/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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