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3501 SW 16th Ter Miami, FL $ 775,000
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$ 775,000 Get more info
3501 SW 16th Ter
$ 775,000
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3501 SW 16th Ter

Miami, FL, 33145
$ 775,000
Bedrooms2 Baths1.0 Sq 2,016

Monthly Estimate*

$ 4,772

3501 SW 16th Ter, Miami, FL 33145 - Image 1
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3501 SW 16th Ter, Miami, FL 33145 - Image 9
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3501 SW 16th Ter, Miami, FL 33145 - Image 12
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Multi-Family Home for sale in Miami, FL

for $775,000 with 2 bedrooms and 1 full bath. This 2,016 square foot home was built in 1947.

Prime Miami location just steps from Coral Gables. Rare investment, income, and redevelopment opportunity in one of Miami’s most desirable areas. Existing duplex with strong rental potential and the possibility to convert into 4 units. Property is equipped with accordion shutters and tankless water heater. Hardwood floors under carpet in the upper unit and teak closets. Located in Flood Zone X with no HOA. Land use may allow development of up to 9 units (buyer to verify zoning and redevelopment options). Great opportunity for investors or developers seeking land value in a prime location. Centrally located minutes from Coconut Grove, Brickell, Downtown Miami, Miami Beach, University of Miami, Miracle Mile, and Miami International Airport. Exceptional location with tremendous upside for investors, developers, or end users. Tenant occupied on a month-to-month basis. Interior photos and floor plan coming soon. Please call or text listing agent to schedule an appointment.

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Multi-Family Active

Price

$ 775,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 10,260

Style

Year Built

1947

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11981149
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding
Roof Barrel
HOA Fee 0
Patio/Porch Features Patio
Pool Features None
Construction Materials Block
Year Built 1947
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
Community Features Laundry Facilities
County Miami-Dade
Property Type Residential Income
Energy Efficient Lighting Water Heater
Subdivision Name DAVIS CITRUS FARMS
Rent Includes Sewer Trash Collection
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
Directions From Coral Gables/Miracle Mile ~ Take SW 37 Ave (Douglas Road) North ~ Turn right on SW 16 Terrace ~ arrived at 3501
City Miami
Zoning Description 5700
Number Of Units Total 1
MLS Area 40
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 10260
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11981149
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Duplex
Legal Description DAVIS CITRUS FARMS PB 4-66 E66FT OF S100FT LOT 11 LESS S8.5FT FOR ST LOT SIZE 66.000 X 92 COC 23573-2908 05 2005 4
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Interior
Flooring Carpet Ceramic Tile Hardwood Terrazzo Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Exterior Amenities Fence Lighting Patio Storm/Security Shutters
Lot Features < 1/4 Acre
Water Source Public
Total Parking 6
Spa false
Building Area Total 2036
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Douglas Elliman

Broker

rosa.sklavo@elliman.com

Email

Affordability Calculator

$5,627
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,772
Monthly Property Taxes
$855
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/13/2026 $775,000 Listed Price

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3501 SW 16th Ter, Miami, FL, 33145 is a Multi-Family Home for sale at $775,000 with 2,016 sqft. 3501 SW 16th Ter has 2 bedrooms, 1.0 baths, and was built in 1947. The property's zip code is 33145 which is in Miami, FL

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