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3501 SW 16th TerMiami, FL 33145

For Sale

$775,000

Smart Buyer Rebate $7,750

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.

Listed by Rosa Sklavounos

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License #3063328

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Douglas Elliman

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786-302-8611

Last updated March 15, 2026

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Source: MIAMIRE #A11981149

Listing Facts

  • TypeMulti-family
  • NeighborhoodAlhambra Groves
  • Days on Prevu3
  • Taxes$10,260/year
  • Size2,016 sqft
  • Price per sqft$384

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

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Listing History

03/13/2026
Listed by Douglas Elliman
$775,000

Property Details for 3501 SW 16th Ter

Association

General

  • Number Of Units In Community: 2

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Barrel Roof
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Duplex
  • Window Features: Hurricane Shutters, Blinds
  • Year Built: 1947
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: DAVIS CITRUS FARMS
  • Construction Materials: CBS Construction
  • Exterior Features: Exterior Lights

Features

  • Building Features: Laundry Facility
  • Fencing: Fenced
  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 2,036
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-09-029-0210
  • Tax Annual Amount: $10,260.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Carpet, Ceramic Floor, Terrazzo, Wood

Measurements

  • Living Area: 2,016
  • Living Area Units: Square Feet

Other

Environmental

  • Green Energy Efficient: Lighting, Water Heater

Location

  • Subdivision Name: DAVIS CITRUS FARMS

Parking

Parking

  • Parking Total: 6

Utilities

Equipment

  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3501 SW 16th Ter.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 3501 SW 16th Ter.

What are the annual taxes for 3501 SW 16th Ter?

Annual taxes for this multi-family home are estimated at $10,260.

What building or home owners association is the multi-family home part of?

This multi-family home is in the DAVIS CITRUS FARMS building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,016 sqft.

3501 SW 16th Ter is a -bedroom multi-family home for sale in Miami FL 33145. Available on Prevu for 3 days at $775,000. This property features 2,016 square feet of living space, located in Miami. The median listing price for multi-family homes in this area is $520,000. Property amenities include private outdoor space, pets allowed, air conditioning, and parking. View other multi-family home listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.