Endless possibilities for Investors or someone looking for there forever compound. Less than 1 mile away from Coral Reef High School (locally known as "Miami's Mega Magnet School" since it offers six different magnet programs) ; Palmetto Golf Course ; and Jackson South Medical Center (offers a full spectrum of services). Corner Lot featuring Boat/RV storage area, Car Port, Accordion Shutters. Poolside Patio w/ roof. Also featuring Huge In-Law quarters with private entrance, full kitchen, pool view, supplemental mini split AC, and Washer/Dryer.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,311
Per Month
Principal & Interest
$3,244
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,015
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
7
/10
Palmetto Middle School
7351 SW 128th St
Distance between this listing and this school3.85 miles
Public District Grades 6-8
High School
6
/10
Miami Palmetto Senior High School
7460 SW 118th St
Distance between this listing and this school4.03 miles
Public Magnet Grades 9-12
Nearby Schools
7
/10
Colonial Drive Elementary School
10755 SW 160th St
Distance between this listing and this school0.56 miles
Public District Grades PK-5
5
/10
Pine Lake Elementary School
16700 SW 109th Ave
Distance between this listing and this school0.72 miles
Public District Grades PK-5
3
/10
Robert Russa Moton Elementary School
18050 Homestead Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades PK-5
Assigned Schools
7
/10
Palmetto Middle School
7351 SW 128th St
Distance between this listing and this school3.85 miles
Public District Grades 6-8
Nearby Schools
4
/10
Richmond Heights Middle School
15015 SW 103rd Ave
Distance between this listing and this school0.89 miles
Public Magnet Grades 6-8
3
/10
Cutler Bay Academy of Advanced Studies, Cutler Ridge Campus
19400 Gulfstream Rd
Distance between this listing and this school2.08 miles
Public Magnet Grades 6-8
Assigned Schools
6
/10
Miami Palmetto Senior High School
7460 SW 118th St
Distance between this listing and this school4.03 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
Coral Reef Senior High School
10101 SW 152nd St
Distance between this listing and this school1.01 miles
Public Magnet Grades 8-12
6
/10
Robert Morgan Educational Center
18180 SW 122nd Ave
Distance between this listing and this school2.26 miles
The neighbors living near this home have an average income of $54,985. Most Miami, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16405 SW 103rd Ct
What is the listing price of this property?
The listing price of 16405 SW 103rd Ct property is $649,900.
What type of property is this?
The property 16405 SW 103rd Ct is a house located in Miami, Florida, 33157.
Is this property for sale now?
Active Listing: 16405 SW 103rd Ct is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16405 SW 103rd Ct are: Palmetto Middle School: GreatSchools Rating 7/10Miami Palmetto Senior High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,844 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 16405 SW 103rd Ct has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 16405 SW 103rd Ct is 2,068 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16405 SW 103rd Ct is 1975.
This home is located at 16405 SW 103rd Ct in Miami, FL and zip code 33157 in the Richmond neighborhood. This 2,068 square foot home was built in 1975. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 07, 2024 and is currently priced at $649,900.
In March 2024 more than 115 listings in Miami, FL were sold above the asking price. During the same period more than 149 listings were sold at asking price, while more than 619 were sold below. The inventory of homes for sale in Miami, FL between February 2024 and March 2024 increased by 9.1%. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.
From Rocket Homes Real Estate and based on county public records data.