$775,000

3501 SW 16th Ter, Miami, FL 33145

2,016 sqft

Duplex
Built in 1947
—— sqft lot
—— car garage
$384/sqft
Listed 21 days ago

Property 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). 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.

Listing Status:: Active
Date Added:: March 13, 2026
Data Last Updated:: April 3, 2026 at 3:06PM
Listing Office:: Douglas Elliman : 305-695-6060
Listing Agent:: Rosa Sklavounos : 786-302-8611
MLS ID:: A11981149

Flooring: CarpetCeramic FloorTerrazzoWood
A/C: Central AirElectric
Heating: CentralElectric
Eco/Green Feature: LightingWater Heater

General: Exterior Lights
Style: Detached
Other Structures: Patio
Parking: Parking spaces: 6

Roofing: Barrel Roof
Windows: Hurricane ShuttersBlinds
General: CBS Construction2

HOA Amenities: 0.0
Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 5700DAVIS CITRUS FARMS PB 4-66 E66FT OF S100FT LOT 11 LESS S8.5FT FOR ST LOT SIZE 66.000 X 92 COC 23573-2908 05 2005 401-41-09-029-0210
Fencing: Fenced

Water: Municipal Water
Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Rosa Sklavounos , Douglas Elliman

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Coral Gables Preparatory Academy

105 Minorca Ave, Coral Gables, FL, 33134

Grades PK-5

0.40 miles away

International Studies Charter Middle School

2480 SW 8th St, Miami, FL, 33135

Grades 6-8

1.12 miles away

International Studies Charter High School

2480 SW 8th St, Miami, FL, 33135

Grades 9-12

1.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.