3501 SW 16th Ter

Miami, FL 33145

$775,000
Price
—
Beds
—
Baths
2,016 Sq. Ft.
$384 / Sq. Ft.
2,016
Sq. Ft.
$384
per Sq. Ft.
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Open: 3/21 04:00PM - 05:30PM
Open: 3/21 04:00PM - 05:30PM

Description

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)....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.
  1. Listed by Rosa Sklavounos • Douglas Elliman

Property Details for 3501 Southwest 16th Terrace

Subdivision
DAVIS CITRUS FARMS
Style
Duplex
Waterfront
No
Area
40
Total Units
2
Num Stories
2
Sq Ft Total
2036
Sq Ft Liv Area
2016.0

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Saturday, Mar 21st4:00 PM - 5:30 PM
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LISTING UPDATED: 03/16/2026 12:15 PM

Property Details for 3501 Southwest 16th Terrace

StatusActive
MLS #A11981149
Days on Market7
Taxes$10,260 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built1947
Lot Size-
CountyMiami-Dade County
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Location

Listing Courtesy of Douglas Elliman
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Building Information for 3501 Southwest 16th Terrace

Stories-Residences2Year Built1947Building Size-Lot Size-

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$4,616 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,761

Property Taxes

$855

HOA Dues

$0

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Property Information for 3501 Southwest 16th Terrace

Location Information
Location Information
  • Parcel Number Free Text: 01-41-09-029-0210
  • Parcel Number MLX: 0210
  • MLS Area: 40
  • Municipal Code: 1
  • Township Range: 41
  • Section: 9
  • Subdivision Number: 29
  • Subdivision Complex Bldg: DAVIS CITRUS FARMS
  • Unit Count: 2
  • Zoning Information: 5700
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Detached
  • Lot Description: Less Than 1/4 Acre Lot
  • Spa: No
  • Pool: No
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Roof Description: Barrel Roof
  • Flooring: Carpeted Floors, Ceramic Floor, Terrazzo Floors, Wood Floors
  • Floor Description: Carpeted Floors, Ceramic Floor, Terrazzo Floors, Wood Floors
  • Directions: From Coral Gables/Miracle Mile ~ Take SW 37 Ave (Douglas Road) North ~ Turn right on SW 16 Terrace ~ arrived at 3501
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11981149
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Sewer, Trash Removal
  • Windows Treatment: Blinds/Shades
  • Exterior Features: Exterior Lights, Fence, Hurricane Shutters, Laundry Facility, Patio
  • Green Energy Efficient: Lighting, Water Heater
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2025
  • Tax Information: Tax Reflects No Homestead Exemption
  • Special Information: As Is
  • Information Available: Other Available Information

Property History for 3501 Southwest 16th Terrace

DateEvent & SourcePriceAppreciation
Mar 13, 2026

Listed (Active)

MiamiRE #A11981149

$775,000—
DateEvent & SourcePrice
03/13/2026

Listed (Active)

MiamiRE #A11981149

$775,000

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

Public Records for 3501 Southwest 16th Terrace

Taxable ValueLand$437,184Additions$153,869Total$591,053
Tax Record2025$10,260 ($855 / month)
Home Facts
Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories2Lot Size6,072 SqFtStyleDuplexYear Built1947Zoning5700:DUPLEXESCountyMIAMI-DADEAPN01-4109-029-0210

Schools near 3501 Southwest 16th Terrace

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Air Base K-8 Center for International Education
Public - PK to 8
Coral Gables Preparatory Academy
Public - PK to 8
Ponce De Leon Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Air Base K-8 Center for International Education
PublicPK to 8

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.

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More information about 3501 Southwest 16th Terrace, Miami, FL 33145

3501 Southwest 16th Terrace is a multi-family home for sale in Miami, FL 33145. This property was listed for sale on March 13, 2026 by Douglas Elliman, it's currently listed at $775,000. 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. 3501 Southwest 16th Terrace is a 0-bed, 0-bath, 2,016 sqft multi-family home built in 1947.

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 Douglas Elliman

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.