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$185,000 Sale Pending
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Property Description
Homestead! one of the fastest-growing cities in South Florida This cozy 2-bedroom, 2-bath condo in a gated community offers is a must-see and a must-sell opportunity for homeowners or investors looking to expand their portfolio. This property is move-in ready with great potential for rental income. With its prime location near the Turnpike and a short drive to the Florida Keys. Enjoy the nearby amenities, including parks, shopping centers, and dining options making it an excellent place to live or invest. Don't miss this chance to own a piece of one of South Florida's fastest-growing cities.
Full Property Details
Full Property Details for 2551 SE 16th Terrace #203
General
- Price: $185,000
- HOA FEE: $328/month
- Taxes: $3,813 (2024)
- Status: Pending
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11872255
- Updated: 12/26/2025
- Added to Site: 137 day(s) ago
Interior
- Interior Features: Second Floor Entry
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Other
Additional Information
- Shared Amenities: Cabana, Pool
- Maint. Includes: Parking, Recreation Facilities, Security
- Security/Safety: Guard At Site, Security Patrol
Exterior
- Exterior Features: East Of Us1
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: 2 Or More Spaces
Location
- Area: Shoma Condo At Keys Cove
- County: Miami-Dade County
- Subdivision: SHOMA CONDO AT KEYS COVE
- Building Name: Shoma Condo At Keys Cove
School Information
- High School: Homestead
Community
- Community Name: Shoma Condo At Keys Cove
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 2
- Building Size: 930
- Square Feet: 930
- Living Area: 930 Sq. Ft.
- Year Built: 2006
Lot Features
- Property View: Other View
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $198.92
- Association Fee: $328
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,813
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: SHOMA CONDO AT KEYS COVE CONDO UNIT 555 BLDG 66 UNDIV 1/576 INT IN COMMON ELEMENTS OFF REC 23958-4439 COC 25044-4977 10 2006 1
- Restrictions: Exterior Alterations, Ok To Lease
- Property ID: 10-79-29-014-1570
Listed by United Realty Group Inc
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Schools
Schools serving 2551 SE 16th Terrace #203
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Gateway Environmental K-8 Learning Center 955 Se 18th Ave, Homestead, FL 33035 | PK-5 | 1 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 2.8 mi |
Homestead Senior High School 2351 Southeast 12th Avenue, Homestead, FL 33034 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2551 SE 16th Terrace #203
Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$185,000
-4.59%
MLS
10/17/2025
Price Reduced
$193,900
-2.56%
MLS
9/16/2025
Price Reduced
$199,000
-2.93%
MLS
9/04/2025
Listed
$205,000
95.24%
MLS
7/09/2018
Sold
$105,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2551 SE 16th Terrace #203
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,813
4%
$177,467
15%
2023
$3,652
5%
$154,319
26%
2022
$3,468
10%
$122,475
42%
2021
$3,159
10%
$86,250
—
2019
$2,861
16%
$86,250
27%
2018
$2,476
6%
$67,969
3%
2017
$2,341
4%
$66,010
18%
2016
$2,247
4%
$56,173
10%
2015
$2,158
3%
$51,067
10%
2014
$2,088
10%
$46,425
10%
2013
$1,904
—
$42,205
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2551 SE 16th Terrace #203
2551 SE 16th Ter #203, Homestead, FL 33035 (MLS# A11872255) is a Condo property with 2 bedrooms and 2 full bathrooms. 2551 SE 16th Ter #203 is currently listed for $185,000 and was received on September 04, 2025. Want to learn more about 2551 SE 16th Ter #203? Do you have questions about finding other Condo real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

