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.

Address

Open on Google Maps

Address: 16th Ter
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33145
Area: DAVIS CITRUS FARMS

Details

Updated on March 17, 2026 at 3:01 am

Property ID A11981149
Price $775,000
Property Size 2016 Square Feet
Year Built 1947
Type Duplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
AssociationFee 0
BuildingAreaTotal 2036
BuildingAreaUnits Square Feet
BuildingFeatures Laundry Facility
BuildingName DAVIS CITRUS FARMS
ConstructionMaterials CBS Construction
ContractStatusChangeDate 2026-03-13
Cooling Central Air, Electric
DaysOnMarket 3
Directions From Coral Gables/Miracle Mile ~ Take SW 37 Ave (Douglas Road) North ~ Turn right on SW 16 Terrace ~ arrived at 3501
DocumentsAvailable Other Available Information
ExpirationDate 2026-09-30
Fencing Fenced
Flooring Carpet, Ceramic Floor, Terrazzo, Wood
GreenEnergyEfficient Lighting, Water Heater
Heating Central, Electric
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-302-8611
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Davis Citrus Farms
MajorChangeTimestamp March 13, 2026 at 03:33pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 16, 2026 at 04:15pm
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 2
OnMarketDate 2026-03-13
OriginalEntryTimestamp March 13, 2026 at 03:33pm
OriginalListPrice 775000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-09-029-0210
ParkingTotal 6
PatioAndPorchFeatures Patio
PhotosChangeTimestamp March 15, 2026 at 10:31pm
PhotosCount 14
Possession Funding
PostalCodePlus4 1714
PriceChangeTimestamp March 11, 2026 at 06:55pm
PublicSurveyRange 41
PublicSurveySection 9
PublicSurveyTownship 41
RentIncludes Sewer, Trash Collection
Roof Barrel Roof
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 440303416
StateOrProvince FL
StatusChangeTimestamp March 13, 2026 at 03:33pm
Stories 2
StoriesTotal 2
StreetDirPrefix SW
StreetName 16th Ter
StreetNumber 3501
StreetNumberNumeric 3501
StructureType Duplex
SyndicationRemarks 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.
TaxAnnualAmount 10260
TaxLegalDescription DAVIS 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 4
TaxYear 2025
WaterSource Municipal Water
WindowFeatures Hurricane Shutters, Blinds
YearBuiltDetails Resale
Zoning 5700