2993 SW 16th Ter

1,522 Sq. Ft.
$598 / Sq. Ft.
1,522
Sq. Ft.
$598
per Sq. Ft.

Description

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.
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.
  1. Listed by Carla Patino Ferrer • Ancara Real Estate, LLC.

Property Details for 2993 Southwest 16th Terrace

Subdivision
GRAPELAND
Style
R30-No Pool/No Water
Waterfront
No
View
None
Area
41
Sq Ft Total
1716
Sq Ft Liv Area
1522.0
AdjustedAreaSF
1222.0
LISTING UPDATED: 01/27/2026 04:00 AM

Property Details for 2993 Southwest 16th Terrace

StatusActive
MLS #A11951173
Days on Market2
Taxes$13,389 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single
Year Built1924
Lot Size0.18 AC / 7,650 SF
CountyMiami-Dade County

Location

Listing Courtesy of Ancara Real Estate, LLC.
Add your commute

Building Information for 2993 Southwest 16th Terrace

Stories-Year Built1924Building Size-Lot Size0.18 AC / 7,650 SF

Payment Calculator

$5,551 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,435

Property Taxes

$1,116

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2993 Southwest 16th Terrace

Location Information
Schools
  • Elementary School: Sunset
  • Middle School: Ponce De Leon
  • Senior High School: Coral Gables
Location Information
  • Parcel Number Free Text: 01-41-10-002-2050
  • Parcel Number MLX: 2050
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 10
  • Subdivision Number: 2
  • Subdivision Complex Bldg: GRAPELAND
  • Zoning Information: 5700
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Other Parking
General Information
  • Front Exposure: South East
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 7650
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Design: Attached
  • Design Description: Other
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Other Roof
  • Flooring: Ceramic Floor
  • Floor Description: Ceramic Floor
Room Information
Room Information
  • Rooms Description: Other
  • Bedroom Description: At Least 1 Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dishwasher, Microwave, Refrigerator, Washer
  • Exterior Features: None
  • Subdivision Information: No Subdiv/Park Info
Financial Information
Financial Information
  • Total Mortgage: $360,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2015
  • Tax Information: Tax Reflects County Only Tax
  • Special Information: None

Property History for 2993 Southwest 16th Terrace

DateEvent & SourcePriceAppreciation
Jan 27, 2026

Listed (Active)

MiamiRE #A11951173

$910,000
Aug 26, 2025

Cancelled

MiamiRE #A11833860

Jul 1, 2025

Listed (Active)

MiamiRE #A11833860

$910,000
Dec 31, 2022

Expired

MiamiRE #A11227718

Oct 31, 2022

Price Change

MiamiRE #A11227718

$750,000
Aug 2, 2022

Price Change

MiamiRE #A11227718

$799,000
Jul 10, 2022

Listed (Active)

MiamiRE #A11227718

$820,000
Sep 16, 2021

Sold (Public Record)

Public Record #1473965667

$460,000
Sep 16, 2021

Sold

MiamiRE #A11075586

$460,000
Aug 14, 2021

Pending

MiamiRE #A11075586

Aug 14, 2021

Backup Contract

MiamiRE #A11075586

Jul 29, 2021

Listed (Active)

MiamiRE #A11075586

$485,000
Apr 18, 2021

Cancelled

GFLR #F10280033

Apr 14, 2021

Listed (Active)

GFLR #F10280033

$509,000
DateEvent & SourcePrice
01/27/2026

Listed (Active)

MiamiRE #A11951173

$910,000
08/26/2025

Cancelled

MiamiRE #A11833860

07/01/2025

Listed (Active)

MiamiRE #A11833860

$910,000
12/31/2022

Expired

MiamiRE #A11227718

10/31/2022

Price Change

MiamiRE #A11227718

$750,000
08/02/2022

Price Change

MiamiRE #A11227718

$799,000
07/10/2022

Listed (Active)

MiamiRE #A11227718

$820,000
09/16/2021

Sold (Public Record)

Public Record #1473965667

$460,000
09/16/2021

Sold

MiamiRE #A11075586

$460,000
08/14/2021

Pending

MiamiRE #A11075586

08/14/2021

Backup Contract

MiamiRE #A11075586

07/29/2021

Listed (Active)

MiamiRE #A11075586

$485,000
04/18/2021

Cancelled

GFLR #F10280033

04/14/2021

Listed (Active)

GFLR #F10280033

$509,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2993 Southwest 16th Terrace

Taxable ValueLand$474,366Additions$88,159Total$562,525
Tax Record2024$11,649 ($971 / month)
Home Facts
Beds2Total Finished SqFt1,161 SqFtAbove Grade Finished SqFt1,161 SqFtStories1Lot Size7,650 SqFtStyleSingle Family ResidenceYear Built1924Year Renovated1972Zoning5700:DUPLEXESCountyMIAMI-DADEAPN01-4110-002-2050

Schools near 2993 Southwest 16th Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Coral Gables Preparatory Academy
PublicPK to 8

Ponce De Leon Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2993 Southwest 16th Terrace is a single family home for sale in Miami, FL 33145. This property was listed for sale on January 27, 2026 by Ancara Real Estate, LLC., it's currently listed at $910,000. It has been on the market for a total of 2 days and was last sold on September 16, 2021. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Coral Gables Preparatory Academy and Ponce De Leon Middle School. 2993 Southwest 16th Terrace is a 3-bed, 2-bath, 1,522 sqft single family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ancara Real Estate, LLC.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.