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2993 SW 16th Ter, Miami FL 33145

House For Sale
$899,000

BTC: 11.09876543

ETH: 367.08860759

1 days
3 bds
2 ba
1,522 sqft

Overview

Seller motivated! Unique Development Opportunity on Oversized 7,650 Sq. Ft. Lot! Located near Coral Gables, Coconut Grove and Brickell, this home boasts a newer roof, abundant natural light, zoning for duplex, ready for a buyer to modify to their preference with potential to expand into a large home, generate rental income, create a multi-generational property, or redevelop this unique property offers endless possibilities. House with legal in-law quarters.

Location

Florida Miami 33145 House For Sale

Details

Type:
Residential
Parking:
Other
Year Built:
1924
Lot:
7650 Square Feet
Heating:
Central
Price/sqft:
$591
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$797,450
$428K – $1.2M
Confidence Low
List vs. estimate
$101K above estimate
List $899,000 · +12.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$590
+24.7% vs. city median $473
Based on
12 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $760K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,389
2025
View
None
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Separate Guest/In-Law Quarters

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Other

    Property

    • Exterior Features: None

    Lot

    • Lot: 7650 Square Feet

    Other Property Information

    • Parcel Number: 01-41-10-002-2050

    • Zoning: 5700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $13,389

  • Source details

    • MLS ID: A12064796

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: Southeast

    • Architectural Style: Detached / Two Story / Other

    • Living Area: 1522

    • Water Source: Municipal Water

    • Subdivision Name: GRAPELAND

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
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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: Ancara Real Estate, LLC.