$381,040
1616 NE 5 Avenue
Florida City, FL 33034
Explore the area: Florida City homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $381,040
- Price per sq ft
- $247
- Vs. nearby sales
- 4.3% below
- Days on market
- 62
This 3-bedroom townhouse in Penn Cove Villas went under contract with an asking price of $381,040, or $247 per square foot. The asking price has come down 4.3% from its original $398,040. It spent 62 days on the market before going under contract. The 4 most recent townhouse sales in the closings shown below sold at a median of $258 per square foot, so the asking price was 4.3% below what comparable homes here actually sold for.
Estimated monthly payment
$2,003 /mo
Principal and interest only, based on $76,208 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $274/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $381,040
- Days on Site
- 62 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,545 sqft
- Year Built
- 2026
- Property Type
- Townhouse
- MLS #
- A12045432
- Property Tax
- $6,305 (2026)
- HOA Fees
- $274 / Monthly
- Subdivision
- Penn Cove Villas
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
This new two-story home is host to an inviting living room and dining room off the entry, leading to an open-concept layout consisting of a U-shaped kitchen that overlooks the spacious family room. Three bedrooms can be found upstairs, including the luxurious owner’s suite complemented by a walk-in closet and en-suite bathroom. This full bathroom offers convenient second-floor access with a single vanity and shower-tub combination.Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only. MUST CALL FOR APPOINTMENT!
MLS media linkGeneral Features
- Property Type
- Townhouse
- Status
- Under Contract
- Year Built
- 2026
- Property Condition
- Under Construction
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Parking
- Guest
- Direction Faces
- South
- Living Sq Ft
- 1,545
- Structure Type
- Townhouse
Interior Features
- Appliances
- Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet / Ceramic Tile
- Interior Features
- None / Upper Level Primary
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Block
- Pool Features
- Association
Community & HOA
- HOA Fee
- $274 / Monthly
- HOA Includes
- Maintenance Grounds
- Association Amenities
- Cabana / Pool
- Community Features
- Home Owners Association
- Security
- Smoke Detectors / Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Okay To Lease1st Year / Other Restrictions / Ok To Lease
- MLS Area
- 2790
This home's HOA fee works out to $274 a month, 7% below the $294 median across 5 homes for sale in Penn Cove Villas. See Penn Cove Villas HOA fees
Schools
- Elementary School
- Campbell Drive K-8
- Middle School
- Homestead
- High School
- Homestead
About the Community
- Homes for Sale
- 5
- Under Contract
- 8
- Median List Price
- $377,990
- Median Sale Price (September)
- $361,990
- Median $/Sq Ft
- $262
- Avg Days on Market
- 15
Frequently Asked Questions
- How do I schedule a tour of 1616 NE 5 Avenue, Florida City, FL 33034?
- Use the Tour button on this listing to request a showing of 1616 NE 5 Avenue, Florida City, FL 33034. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1616 NE 5 Avenue, Florida City, FL 33034 still available?
- 1616 NE 5 Avenue, Florida City, FL 33034 is currently listed as Under Contract, and has been on the market 62 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1616 NE 5 Avenue, Florida City, FL 33034?
- With 20% down ($76,208) on the $381,040 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1616 NE 5 Avenue, Florida City, FL 33034 is about $2,003/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1616 NE 5 Avenue, Florida City, FL 33034?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1616 NE 5 Avenue, Florida City, FL 33034. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1616 NE 5 Avenue, Florida City, FL 33034 have an HOA fee?
- Yes: 1616 NE 5 Avenue, Florida City, FL 33034 carries an HOA fee of about $274 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1616 NE 5 Avenue, Florida City, FL 33034?
- 1616 NE 5 Avenue, Florida City, FL 33034 is zoned for Campbell Drive K-8 (elementary), Homestead (middle), Homestead (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1616 NE 5 Avenue, Florida City, FL 33034?
- Often, yes. The right offer on 1616 NE 5 Avenue, Florida City, FL 33034 depends on how it's priced against comparable townhouse sales in Florida City, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Lennar Realty Inc
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 3, 2026.
$381,040
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Rene I Santa Maria, Lennar Realty Inc
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Penn Cove Villas
These are the last 4 recorded closings in Penn Cove Villas, with the price each home actually sold for rather than what it was listed at. They closed at a median of $259 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$345,340
Sold · September 30, 2026
1536 NE 5 Avenue
3 bed · 3 bath · 1,334 sqft · $259/sqft
$20,000 under the asking price
Sold$369,040
Sold · September 30, 2026
421 NE 15 Terrace
3 bed · 2.5 bath · 1,545 sqft · $239/sqft
$15,000 under the asking price
Sold$361,990
Sold · September 28, 2026
1511 NE 4 Court
3 bed · 2.5 bath · 1,414 sqft · $256/sqft
$4,100 under the asking price
Sold$365,990
Sold · August 21, 2026
1513 NE 4 Court
3 bed · 3 bath · 1,334 sqft · $274/sqft
$3,000 over the asking price
See every recorded sale in Penn Cove Villas or find out what your Penn Cove Villas home is worth.
