$175,000
Sold · January 16, 2026
2551 SE 16th Terrace 203
Explore the area: Homestead homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $175,000
- Vs. list price
- 5.4% under
- Days on market
- 113
- Price per sq ft
- $188
This 2-bedroom condo in Shoma Condo At Keys Cove sold for $175,000 on January 16, 2026. That was 5.4% below its final list price of $185,000. It first came on the market at $205,000, so the price was adjusted before it sold. It spent 113 days on the market. At $188 per square foot, it closed in line with the $186 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $175,000
- Sold On
- January 16, 2026
- Days on Site
- 113 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 930 sqft
- Total Sq Ft
- 930 sqft
- Year Built
- 2006
- Property Type
- Condo
- MLS #
- A11872255
- Property Tax
- $3,813 (2024)
- HOA Fees
- $328 / Monthly
- Subdivision
- SHOMA CONDO AT KEYS COVE
- County
- Miami Dade
- Status
- Sold
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2006
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 2
- Living Sq Ft
- 930
- Total Sq Ft
- 930
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central / Electric
- Flooring
- Tile
- Interior Features
- Other
Exterior Features
- Construction
- Block
- Pool Features
- Association
- View
- Other
Community & HOA
- HOA Fee
- $328 / Monthly
- HOA Includes
- Recreation Facilities / Security
- Association Amenities
- Cabana / Pool / Parking
- Community Features
- Home Owners Association
- Security
- Security Guard
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2790
Schools
- High School
- Homestead
About the Community
- Homes for Sale
- 21
- Median List Price
- $220,000
- Median $/Sq Ft
- $195
- Avg Days on Market
- 178
Frequently Asked Questions
- How do I schedule a tour of 2551 SE 16th Terrace 203, Homestead, FL 33035?
- Use the Tour button on this listing to request a showing of 2551 SE 16th Terrace 203, Homestead, FL 33035. 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 2551 SE 16th Terrace 203, Homestead, FL 33035 still available?
- 2551 SE 16th Terrace 203, Homestead, FL 33035 is currently listed as Sold, and has been on the market 113 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 2551 SE 16th Terrace 203, Homestead, FL 33035?
- With 20% down ($37,000) on the $185,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2551 SE 16th Terrace 203, Homestead, FL 33035 is about $972/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 2551 SE 16th Terrace 203, Homestead, FL 33035?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2551 SE 16th Terrace 203, Homestead, FL 33035. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 2551 SE 16th Terrace 203, Homestead, FL 33035 have an HOA fee?
- Yes: 2551 SE 16th Terrace 203, Homestead, FL 33035 carries an HOA fee of about $328 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 2551 SE 16th Terrace 203, Homestead, FL 33035?
- 2551 SE 16th Terrace 203, Homestead, FL 33035 is zoned for 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 2551 SE 16th Terrace 203, Homestead, FL 33035?
- Often, yes. The right offer on 2551 SE 16th Terrace 203, Homestead, FL 33035 depends on how it's priced against comparable condo sales in Homestead, 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 United Realty Group 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 1, 2026.
$175,000
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Listed by Norallis Colina, United Realty Group Inc
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Recent Sales
Recently sold homes in Shoma Condo At Keys Cove
These are the last 6 recorded closings in Shoma Condo At Keys Cove, with the price each home actually sold for rather than what it was listed at. They closed at a median of $195 per square foot. The most recent closed on September 11, 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$220,000
Sold · September 11, 2026
1656 SE 29th Court 107
3 bed · 2 bath · 1,060 sqft · $208/sqft
$5,000 under the asking price
Sold$185,000
Sold · September 8, 2026
2815 SE 16th Avenue 102
3 bed · 2 bath · 1,166 sqft · $159/sqft
$4,000 under the asking price
Sold$190,000
Sold · August 28, 2026
1568 SE 26th Street 200
3 bed · 2 bath · 1,076 sqft · $177/sqft
$20,000 under the asking price
Sold$174,000
Sold · August 14, 2026
2826 SE 16th Place 103
3 bed · 2 bath · 1,060 sqft · $164/sqft
$15,900 under the asking price
Sold$227,000
Sold · July 31, 2026
2551 SE 16th Terrace 101
3 bed · 2 bath · 1,166 sqft · $195/sqft
$2,001 over the asking price
Sold$235,000
Sold · July 10, 2026
1651 SE 28th Court 105
3 bed · 2 bath · 1,060 sqft · $222/sqft
$26,990 under the asking price
See every recorded sale in Shoma Condo At Keys Cove or find out what your Shoma Condo At Keys Cove home is worth.
