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.
For sale
$775,000
3501 SW 16th Ter, Miami, FL 33145
4beds
2baths
2,016sqft
Est.:
Duplex
Built in 1947
-- sqft lot
$742,800 Zestimate®
$384/sqft
$-- HOA
What's special
Hardwood floors under carpetAccordion shuttersTeak closetsTankless water heater
- 13 days |
- 1,193 |
- 94 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 02:34pm
Listed by:
Rosa Sklavounos 786-302-8611,
Douglas Elliman
Source: MIAMI,MLS#: A11981149
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & 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
Video & virtual tour
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 & HOA
Community
- Subdivision: Davis Citrus Farms
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $550,404
- Annual tax amount: $10,260
- Date on market: 3/13/2026
- Listing terms: All Cash,Conventional
Estimated market value
$742,800
$706,000 - $780,000
$3,372/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $775,000$384/sqft |
Source:  MIAMI #A11981149 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
BuyAbility℠ payment
Est. payment
$5,056/mo
Principal & interest
$3868
Property taxes
$1188
More affordability tools
Climate risks
Neighborhood: Coral Way
Nearby schools
GreatSchools rating
- 10/10Coral Gables Preparatory AcademyGrades: PK-8Distance: 0.4 mi
- 5/10Coral Gables Senior High SchoolGrades: 9-12Distance: 1.7 mi
- 6/10Ponce De Leon Middle SchoolGrades: 6-8Distance: 3 mi
Local experts in 33145
- Florida
- Miami-Dade County
- Miami
- 33145
- Coral Way
- 3501 SW 16th Ter
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