For SaleRisky Deal2 days on market

16020 SW 97th Ct

16020 SW 97th Ct, Miami, FL 33157, Miami, FL 33157
$650,000

Listing Price

Property image 1
16020 SW 97th Ct, Miami, FL 33157
Loc: Miami, FL
Days Listed
2
Tax Assessed
$469k
Lot Size
9,130 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.

6

Pine Lake Elementary School

PK-5
1.3 mi away
8

Palmetto Middle School

6-8
3.3 mi away
6

Miami Palmetto Senior High School

9-12
3.5 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

ranch stylesingle-storystucco exteriorconcrete drivewaylandscaped lawnpalm treescovered entrywaysuburbanresidentialneutral color palettespacious front yardlow-pitched roofsingle-family home

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.08%
Total ROI
91.1%
Cash Flow
$-77/mo
DSCR
0.98
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-77/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.1%)
  • • Strong rental demand in Miami
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-22Listed for sale$650,000$394

Tax History

YearProperty TaxTax Assessment
2025$2,103.88$120,720
2024$2,049.06$117,318
2023$1,864.08$113,901
2022$1,766.1$110,584
2021$1,718.12$107,364
2020$1,697.9$105,882
2019$1,658.94$103,502
2018$1,586.38$101,573
2017$1,586.38$99,484
2016$1,551.85$97,438
2015$1,525.41$96,761
2014$1,546.19$95,994
2013$1,645.15$94,576
2012$1,645.15$102,191
2011$2,305.03$136,366
2010$2,723.59$149,547
2009$2,547.59$149,525
2007$2,707.31$120,026
2006$2,833.86$0
2005$2,833.86$0
2004$2,786.11$0
2003$3,000.16$0
2002$1,734.5$0
2001$1,734.5$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,650

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