For sale

Price cut: $999 (4/30)

$899,000

2993 SW 16th Ter, Miami, FL 33145

3beds

1,522sqft

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Single Family Residence

Built in 1924

7,650 Square Feet Lot

$855,600 Zestimate^®

$591/sqft

$-- HOA

What's special

Abundant natural lightNewer roof

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.

152 days

102

1

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Refrigerator, Washer

Features

Other
Flooring: Ceramic Tile

Interior area

Total structure area: 1,716
Total interior livable area: 1,522 sqft

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Property

Parking

Parking features: Other

Features

Entry location: First Floor Entry
Exterior features: None
Pool features: R30-No Pool/No Water
Has view: Yes
View description: None

Lot

Size: 7,650 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0141100022050
Zoning: 5700

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Concrete Block Construction
Roof: Other

Condition

Year built: 1924

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: None, No Subdiv/Park Info
Subdivision: Grapeland

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $591/sqft
Tax assessed value: $715,455
Annual tax amount: $13,389
Date on market: 1/27/2026
Listing terms: All Cash,Conventional,Cryptocurrency

Estimated market value

$855,600

$813,000 - $898,000

$5,346/mo

Price history

Date	Event	Price
4/30/2026	Price change	$899,000-0.1%$591/sqft
Source: MIAMI #A11951173 Report a problem
3/10/2026	Price change	$899,999-1.1%$591/sqft
Source: MIAMI #A11951173 Report a problem
1/27/2026	Listed for sale	$910,000$598/sqft
Source: MIAMI #A11951173 Report a problem
8/26/2025	Listing removed	$910,000$598/sqft
Source: MIAMI #A11833860 Report a problem
7/9/2025	Listed for sale	$910,000+13.9%$598/sqft
Source: MIAMI #A11833860 Report a problem
1/1/2023	Listing removed	--
Source: MIAMI #A11227718 Report a problem
8/3/2022	Price change	$799,000-2.6%$525/sqft
Source: MIAMI #A11227718 Report a problem
7/11/2022	Listed for sale	$820,000+78.3%$539/sqft
Source: MIAMI #A11227718 Report a problem
9/16/2021	Sold	$460,000-5.2%$302/sqft
Source: MIAMI #A11075586 Report a problem
8/14/2021	Pending sale	$485,000$319/sqft
Source: MIAMI #A11075586 Report a problem
7/29/2021	Price change	$485,000-0.6%$319/sqft
Source: MIAMI #A11075586 Report a problem
6/27/2021	Price change	$488,000-0.2%$321/sqft
Source: Owner Report a problem
6/16/2021	Price change	$489,000-3.9%$321/sqft
Source: Owner Report a problem
5/8/2021	Listed for sale	$509,000$334/sqft
Source: Owner Report a problem
4/18/2021	Listing removed	--
Source: BeachesMLS #F10280033 Report a problem
4/14/2021	Listed for sale	$509,000-3.4%$334/sqft
Source: BeachesMLS #F10280033 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
2/21/2021	Pending sale	$527,000$346/sqft
Source: Owner Report a problem
2/12/2021	Listed for sale	$527,000$346/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,389 +14.9%	$618,777 +10%
2024	$11,649 +16.2%	$562,525 +24.9%
2023	$10,029 +13.7%	$450,347 +10%
2022	$8,820 +815.5%	$409,407 +298.1%
2021	$963 +0.4%	$102,838 +1.4%
2020	$959 +1.6%	$101,419 +2.3%
2019	$944 +5%	$99,139 +1.9%
2018	$899	$97,291 +2.1%
2017	$899 -0.6%	$95,290 +2.1%
2016	$904 -2.6%	$93,331 +0.7%
2015	$929 -71.2%	$92,683 -26.2%
2014	$3,229 +248.8%	$125,625 +17.9%
2013	$926	$106,527 +19.6%
2012	$926 -5.1%	$89,076 -5.8%
2011	$975 -3.4%	$94,539 -1%
2010	$1,009 +5.8%	$95,476 +2.7%
2009	$954 -13.4%	$92,966 +533.8%
2007	$1,101 -26.6%	$14,669
2006	$1,500	--
2005	$1,500 +1.1%	--
2004	$1,483 +5%	--
2003	$1,413 +4.2%	--
2001	$1,355	--

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