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3501 SW 16th Ter, Miami FL 33145

Multi-family Active With Contract
$775,000

BTC: 12.10937500

ETH: 443.87170676

11 days
0 room(s)
2,016 sqft

Overview

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.

Location

Florida • Miami • 33145 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$384
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$772,500
$477K – $994K
Confidence Low
List vs. estimate
At estimate
List $775,000 · +0.3%
List is in line with recent comparable activity.
Price per sq ft
$384
-10.7% vs. city median $430
Based on
42 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $659K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,260
2025
Parking
6 spaces
All facts and features

  • Flooring

    • Carpet

    • Ceramic Floor

    • Terrazzo

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 01-41-09-029-0210

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Green energy

    • Lighting

    • Water Heater

  • Other financial information

    • Annual tax amount: $10,260

  • Source details

    • MLS ID: A11981149

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Hurricane Shutters / Blinds

    • Architectural Style: Detached

    • Living Area: 2016

    • Water Source: Municipal Water

    • Subdivision Name: DAVIS CITRUS FARMS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33145
180
median $899K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Multi-family
508
median $992K
Active
Similar price
$542K – $1.0M
3,581
median $700K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman