6601 SW 116th Ct Apt 301 Miami, FL 33173

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2 beds · 2 baths · 1,330 sq ft · Residential Condominium
Est. Property Value: $298,666

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6601 SW 116th Ct Apt 301 is in the 33173 neighborhood of Miami, FL. It is located in Miami-Dade County and ZIP code 33173. This Residential Condominium was built in 1981 and is approximately 44 years old. The residential condominium spans 1330 sq ft with 2 bedrooms and 2 bathrooms. According to public records, it was last sold in 2021 for $239,000 and has a tax-assessed value of $271,250, which is $225 per sq ft. The 33173 area of Miami has 2 residential homes with an average size of 1082.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 6601 SW 116th Ct Apt 301 Miami, FL 33173 with Property Intel by Whitepages.

6601 SW 116th Ct Apt 301

Miami, FL 33173

Owner Info

Owners & Occupancy for 6601 SW 116th Ct Apt 301

This property is owned by Claudia Marquez. Owner contact information includes 1 phone number and 2 email addresses.

Property Owners

Residence*********
Landline(305) 752-8548
Distance from Property**********
Email Address********@fiu.eduView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 88
Resident 2************* age 95
Resident 3*************** age 33
Resident 4***************
Resident 5*************** age 32
Resident 6********** age 77
Resident 7************ age 53

Property Financials for 6601 SW 116th Ct Apt 301

6601 SW 116th Ct Apt 301, Miami, FL has a mortgage from Caliber Hm Loans Inc (orig. October 25, 2021). The Miami-Dade county assessment for 2024 values it at $271,250, with annual taxes of $2,966.

Mortgage & Equity Information

Loan Amount$******
LenderCaliber Hm Loans Inc
Origination DateOctober 25, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateOctober 18, 2021
Property Tax Amount$2,966 in 2024
Purchase Price$239,000
Assessed Value$271,250 on 2024

Investment Potential for 6601 SW 116th Ct Apt 301

The property has a current estimated value of $298,666, which is 10% above the zip median, based on public records. It last sold on October 18, 2021 for $239K. Projected long-term
is $27,600 annually ($2,300 per month) with a 92% occupancy rate.

Discover more Residential Condominiums in 33173.

Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 33173 zip code
 
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Property Details for 6601 SW 116th Ct Apt 301

Property Details

Property Sq Ft

Living Area

1,330 sq ft

15% above market

Price Per Sq Ft

Living Area

$225 / sq ft

12% below market

Property condition, age, exterior, etc. for 6601 SW 11…
Longitude: -80.380908 Latitude: 25.706042 Parcel Number (APN): 30-4030-071-0030…

Recommended Properties in 33173

Discover more residential condominiums near 6601 SW 116th Ct Apt 301 in Miami, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 6601 SW 116th Ct Apt 301 in Miami-Dade County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$298,666
$243,826
$54,841 (22%)
YoY Price Change
Year Built
1981
1983
-2 years
Living Space
1,330 sq ft
1,120 sq ft
210 (19%)
$ Per Living Sq Ft
$225
$222
$3 (1%)
Lot Size
$ Per Lot Sq Ft

Net Operating Income
$19,671
-$907 (-5%)
Annual Revenue
$27,600
$28,200
-$600 (-2%)
$8,584
$252 (3%)
Net Operating Income
$19,671
-$907 (-5%)
Cap Rate
8.29%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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