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.
Sold for $750,000
$750,000
3501 SW 16th Ter, Miami, FL 33145
4beds
2baths
2,016sqft
Duplex
Built in 1947
-- sqft lot
$750,800 Zestimate®
$372/sqft
$3,093 Estimated rent
Home value
$750,800
$713,000 - $788,000
$3,093/mo
Zestimate® history
Owner options
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$3,093/mo
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$3,093/mo
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$5,138/mo
Est. payment
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$5,138/mo
Est. payment
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Hardwood floors under carpetAccordion shuttersTeak closetsTankless water heater
Zillow last checked:
Listing updated:
Listed by:
Rosa Sklavounos 786-302-8611,
Douglas Elliman
Bought with:
Rosa Sklavounos, 3063328
Douglas Elliman
Source: MIAMI,MLS#: A11981149
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Carpet, Ceramic Tile, Terrazzo, Wood
- Windows: Hurricane Shutters, Blinds
Interior area
- Total structure area: 2,036
- Total interior livable area: 2,016 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Lighting
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0141090290210
- Zoning: 5700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- CBS Construction
- Roof: Barrel Roof
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Green energy
- Energy efficient items: Lighting, Water Heater
Community & neighborhood
Location
- Region: Miami
- Subdivision: Davis Citrus Farms
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Sold | $750,000-3.2%$372/sqft |
Source:  MIAMI #A11981149 Report a problem | ||
| 4/7/2026 | Pending sale | $775,000$384/sqft |
Source: MIAMI #A11981149 Report a problem | ||
| 3/13/2026 | Listed for sale | $775,000$384/sqft |
Source: MIAMI #A11981149 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,260 +8.1% | $417,822 +10% |
| 2024 | $9,495 +6.6% | $379,839 +10% |
| 2023 | $8,907 +11.9% | $345,309 +9.4% |
| 2022 | $7,961 +12.7% | $315,619 +10% |
| 2021 | $7,067 +3.9% | $286,927 +10% |
| 2020 | $6,802 +4.3% | $260,843 +10% |
| 2019 | $6,524 +10.2% | $237,130 +10% |
| 2018 | $5,921 | $215,573 +10% |
| 2017 | $5,921 +10% | $195,976 +10% |
| 2016 | $5,385 +16.3% | $178,160 +10% |
| 2015 | $4,632 +13% | $161,964 +10% |
| 2014 | $4,099 +9.6% | $147,240 +5.2% |
| 2013 | $3,741 | $139,983 +6.1% |
| 2012 | $3,741 -5.8% | $131,920 -6.5% |
| 2011 | $3,969 -11% | $141,076 -7.7% |
| 2010 | $4,462 -20% | $152,918 -27.4% |
| 2009 | $5,575 -28.8% | $210,728 -34.9% |
| 2007 | $7,826 +13.7% | $323,914 |
| 2006 | $6,883 | -- |
| 2005 | $6,883 +14.8% | -- |
| 2004 | $5,997 +45.1% | -- |
| 2003 | $4,133 +19.9% | -- |
| 2002 | $3,448 | -- |
| 2001 | $3,448 | -- |
Find assessor info on the county website
Neighborhood: Coral Way
Nearby schools
GreatSchools rating
- 10/10Coral Gables Preparatory AcademyGrades: PK-8Distance: 0.4 mi
- 5/10Coral Gables Senior High SchoolGrades: PK,9-12Distance: 1.8 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 3 mi
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Estimated market value
$750,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$750,800
- Florida
- Miami-Dade County
- Miami
- 33145
- Coral Way
- 3501 SW 16th Ter
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Nearby neighborhoods
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