Pending

3501 SW 16th Ter

Miami, FL 33145

$775,000 $3,267/Mo

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Overview

Bed

Bath

2,016

Sqft

Description

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 inv estors, 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.

Property Details

Property Type : ResidentialIncome

Price : $775,000

AD Id : 76139040

MLS Id : A11981149

Beds : 4

Living Area Size : 2,016

Year Built : 1947

County : Miami-Dade

Subdivision: Davis Citrus

Map

Features

Interior Features

Roof: Barrel

Window Features: Blinds
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric

Building Information

Year Built: 1947

Building Area Total: 2036

Construction Materials: Block

Stories: 2

Patio And Porch Features: Patio

Pool Features: None

Private Pool: No
Exterior Features

Exterior Features: Fence, Lighting, Patio, StormSecurityShutters

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: DAVIS CITRUS FARMS Source Property Type: ResidentialIncome Postal Code Plus 4: 1714 Zoning Description: 5700 Property SubType: Duplex Levels: Two Property Age: 79

Listing Price Information

Listing Price: $775000

Cash, Conventional

Tax Information

Parcel Number: 01-41-09-029-0210 Tax Year: 2025 Annual Tax: $10260 Tax Legal Desc: 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

Parking Information

Parking Total: 6

Utility Information

CableAvailable
Location Information

Direction: From Coral Gables/Miracle Mile ~ Take SW 37 Ave (Douglas Road) North ~ Turn right on SW 16 Terrace ~ arrived at 3501 WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2915 SW 24 Te, Miami, FL, 33145	$1,569,000	9	5	3,630	3,630 SqFt
3045 SW 21st St, Miami, FL, 33145	$1,025,000	3	3	1,850	1,850 SqFt
2800 SW 16th Ter, Miami, FL, 33145	$750,000	3	3	1,535	1,535 SqFt
2744 SW 16th Ter, Miami, FL, 33145	$849,999	2	2	1,563	1,563 SqFt
2490 SW 17th St, Miami, FL, 33145	$1,400,000	7	4	2,821	2,821 SqFt
3431 - 3433 SW 16 Ter, Miami, FL, 33145	$1,798,000	6	6	3,704	3,704 SqFt
1631 SW 21st St, Miami, FL, 33145	$1,499,999	--	--	2,355	2,355 SqFt
1761 SW 14th St, Miami, FL, 33145	$1,600,000	--	--	3,050	3,050 SqFt
1360 SW 14th St, Miami, FL, 33145	$1,795,000	3	4	2,294	2,294 SqFt
2190 SW 14th Ter, Miami, FL, 33145	$1,650,000	1	2	3,290	3,290 SqFt

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ByOwner last updated this listing 06/07/2026 @ 21:55

MLS: A11981149 LISTED BY: Rosa Sklavounos, Douglas Elliman 305-695-6060 SOURCE: SEFMIAMI