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$230,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,060 Sq. Ft.
  • Updated 8 hours ago
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OVER 10% RETURN IN PERFECT CONDITION PROPERTY Excellent Investment Opportunity - High Yield Property in Keys Cove! Excelente location steps from Publix few blocks away from Turnpike and Outlet Mall Income-producing condominium generating $2,873 per month with a serious, stable long-term tenant in place. Strong return with immediate cash flow from day one. Unit is in excellent condition featuring stainless steel appliances and well-maintained interiors. Located in the desirable Keys Cove community with gated access and amenities. Perfect for investors seeking solid ROI and stable income. DO NOT DISTURB TENANT. DO NOT SHOW INSIDE. Interior inspection will be granted only after a fully executed contract. Tenant rights must be respected. Serious inquiries only.

Full Property Details for 2551 SE 16th Terrace

General

  • Price: $230,000
  • HOA FEE: $351/month
  • Taxes: $4,162 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11971314
  • Updated: 2/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: First Floor Entry, Florida Room
  • Appliances: Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level

Other Rooms

  • Living Room: Florida Room Sq. Ft.

Additional Information

  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Above Ground, 70X20

Exterior

  • Deck/Patio: Open Porch

Parking

  • Parking Features: On Street, Limited # Of Vehicle

Location

  • Area: Shoma Condo At Keys Cove
  • County: Miami-Dade County
  • Subdivision: SHOMA CONDO AT KEYS COVE
  • Building Name: SHOMA CONDO AT KEYS COVE
  • Direction Faces: South

School Information

  • High School: Homestead

Community

  • Community Name: Shoma Condo At Keys Cove
  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Two Story
  • Structure Type: Pool Only, House
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Flat Tile
  • Building Size: 1060
  • Square Feet: 1,060
  • Living Area: 1,060 Sq. Ft.
  • Year Built: 2006
  • Property Condition: Substantially Remodeled, Completely Renovated

Lot Features

  • Property View: Garden
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 9300

Financial Considerations

  • Price Per Sq. Ft.: $216.98
  • Association Fee: $351
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,162
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: SHOMA CONDO AT KEYS COVE CONDO UNIT 548 BLDG 66 UNDIV 1/576 INT IN COMMON ELEMENTS OFF REC 23958-4439 COC 24981-2892 09 2006 1
  • Restrictions: Assoc Approval Required, Ok To Lease
  • Property ID: 10-79-29-014-1500

Listed by Core International Realty

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Listing agent

— 2551 SE 16th Terrace —

  • Core International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2551 SE 16th Terrace

School District:Dade County School District
NameGradesDistance
Gateway Environmental K-8 Learning Center
955 Se 18th Ave, Homestead, FL 33035
PK-51 mi
Homestead Middle School
650 Northwest 2nd Avenue, Homestead, FL 33030
6-82.8 mi
Homestead Senior High School
2351 Southeast 12th Avenue, Homestead, FL 33034
9-120.5 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/24/2026
Listed
$230,000
6.98%
MLS
2/20/2024
Sold
$215,000
—
Public Record
Get Price Alerts and Save Property
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 for 2551 SE 16th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,434
-3%
$164,497
-6%
2024
$4,554
5%
$174,997
15%
2023
$4,330
26%
$152,171
26%
2022
$3,437
10%
$120,771
42%
2021
$3,133
14%
$85,050
8%
2019
$2,738
7%
$78,655
10%
2018
$2,570
8%
$71,505
10%
2017
$2,382
4%
$65,005
8%
2016
$2,301
—
$60,190
—
2015
$2,290
4%
$60,190
10%
2014
$2,211
101%
$54,720
65%
2013
$1,101
—
$33,139
—
View All
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 for 2551 SE 16th Terrace

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NMLS#: 1598647

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Listed by Core International Realty

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2551 SE 16th Ter, Homestead, FL 33035 (MLS# A11971314) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2551 SE 16th Ter is currently listed for $230,000 and was received on February 24, 2026. Want to learn more about 2551 SE 16th Ter? Do you have questions about finding other Single Family real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

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