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$824,900 -$15,000 (-1.79%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2,947 Sq. Ft.
  • Updated 3 days ago
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Spacious lakefront home located in Melrose Landing, a gated community with security, private roads, and a beautiful central lake. This well-designed residence offers 5 bedrooms and 4 bathrooms, including one bedroom and a full bath on the main level, ideal for guests or multigenerational living. The home features a double-height formal living room, a formal dining area, and a spacious open kitchen with granite countertops, ample cabinetry, and stainless steel appliances. The kitchen opens directly to a large family room, creating a functional layout for everyday living and entertaining. Tile flooring runs throughout the main living areas, and laminate flooring on the second floor. The home is filled with natural light from windows positioned to capture peaceful lake views. Multiple living spaces provide flexibility for a home office, media room, or additional gathering areas. The backyard offers a tranquil lakefront setting with mature trees and direct access to a walking path along the water-perfect for relaxing or enjoying sunsets. Additional features include a covered entry, a two-car garage, and convenient access to shopping, dining, top-rated schools, and major highways. **Seller Motivated**

Full Property Details for 16062 SW 43rd Terrace

General

  • Price: $824,900
  • HOA FEE: $180/month
  • Taxes: $5,784 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11950894
  • Updated: 5/26/2026
  • Added to Site: 123 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Pantry, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Family Room, Florida Room, Utility Room/Laundry
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self-Cleaning Oven, Washer
  • Flooring: Ceramic Floor, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Other Rooms

  • Living Room: Family Room, Florida Room, Sq. Ft.
  • Eat-in kitchen: Yes
  • Dining Room: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Laundry: Utility Room/Laundry, Washer/Dryer Hook-Up

Additional Information

  • Shared Pool: Yes

Exterior

  • Exterior Features: Lighting, Fruit Trees, Room for Pool
  • Deck/Patio: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Covered, Driveway, Other

Location

  • Area: Park Lakes Sec 1
  • County: Miami-Dade County
  • Subdivision: PARK LAKES SEC 1
  • Building Name: PARK LAKES SEC 1
  • Direction Faces: North

School Information

  • Elementary School: Roberts; Jane S.

Community

  • Community Name: Park Lakes Sec 1
  • Gated community: Yes
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Detached, Two Story
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, Concrete Block With Brick, CBS Construction
  • Roof: Barrel Roof, Curved/S-Tile Roof
  • Entry Location: Foyer
  • Building Size: 3815
  • Square Feet: 2,947
  • Living Area: 2,947 Sq. Ft.
  • Year Built: 2001

Lot Features

  • Property View: Lake, Water
  • Lot Size (Sq. Ft.): 5,647
  • Frontage Feet: 50
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 3700
  • Fencing (Description): Fenced

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: WF/No Ocean Access, Lake

Financial Considerations

  • Price Per Sq. Ft.: $279.91
  • Association Fee: $180
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,784
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: PARK LAKES SEC 1 PB 155-89 T-20126 LOT 6 BLK 2 LOT SIZE 5447 SQ FT M/L OR 19902-2973 08/2001 1
  • Restrictions: Assoc Approval Required, Ok To Lease, Other Restrictions
  • Inclusions: None
  • Property ID: 30-49-20-017-0250

Listed by W International Realty LLC

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Listing agent

— 16062 SW 43rd Terrace —

  • W International Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16062 SW 43rd Terrace

School District:Dade County School District
NameGradesDistance
Jane S. Roberts K-8 Center
14850 Cottonwood Circle, Miami, FL 33185
PK-51.4 mi
Lamar Louise Curry Middle School
15750 Southwest 47th Street, Miami, FL 33185
6-80.5 mi
John A. Ferguson Senior High School
15900 Southwest 56th Street, Miami, FL 33185
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16062 SW 43rd Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/26/2026
Price Reduced
$824,900
-1.79%
MLS
3/25/2026
Price Reduced
$839,900
-1.18%
MLS
1/26/2026
Listed
$849,900
-78.21%
MLS
1/09/2006
Sold
$3,900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16062 SW 43rd Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,784
3%
$339,306
3%
2024
$5,628
5%
$329,744
3%
2023
$5,360
5%
$320,140
6%
2021
$5,120
-1%
$301,764
-3%
2022
$5,157
1%
$310,816
4%
2021
$5,120
3%
$297,598
2%
2019
$4,956
5%
$290,908
2%
2018
$4,726
1%
$285,484
2%
2017
$4,701
1%
$279,613
2%
2016
$4,639
-1%
$273,862
1%
2015
$4,709
-1%
$271,959
1%
2014
$4,764
2%
$269,801
1%
2013
$4,678
—
$265,814
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by W International Realty LLC

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16062 SW 43rd Ter, Miami, FL 33185 (MLS# A11950894) is a Single Family property with 5 bedrooms and 4 full bathrooms. 16062 SW 43rd Ter is currently listed for $824,900 and was received on January 26, 2026. Want to learn more about 16062 SW 43rd Ter? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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