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$299,000
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Property Description
WONDERFUL OPPORTUNITY FOR DEVELOPERS/INVESTORS looking for a rapidly developing area. 2,750 SQ FT. ZONING IS T5-O. Located in the heart of Miami's historic Overtown community.
Full Property Details
Full Property Details for 243 NW 16th Terrace
General
- Price: $299,000
- Taxes: $2,074 (2024)
- Status: Active
- Type: Lots/Land
- Source: Greater_Miami
- MLS ID: A11766130
- Updated: 3/18/2025
- Added to Site: 304 day(s) ago
Location
- Area: Ericksons Sub
- County: Miami-Dade County
- Subdivision: ERICKSONS SUB
- Building Name: ERICKSONS SUB
- Direction Faces: Northwest
Community
- Community Name: Ericksons Sub
Structural Information
- Structure Type: Other
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.063
- Lot Size (Sq. Ft.): 2,750
- Lot Features: Other
- Development Status: Undeveloped
- Trees/Vegetation: Other Trees
- Zoning: 6101
Financial Considerations
- Tax Amount: $2,074
- Tax Year: 2024
- Terms: All Cash
Disclosures and Reports
- Legal Description: ERICKSONS SUB PB B-88 S55FT OF LOT 9 BLK 13 LOT SIZE 50.000 X 55 COC 24770-0281 07 2006 5
- Property ID: 01-31-36-021-1820
Listed by Luxe Properties and Epic Capital Realty
Get Pre-Approved Today
Schools
Schools serving 243 NW 16th Terrace
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Phyllis Wheatley Elementary School, Miami, FL 1801 Northwest 1st Place, Miami, FL 33136 | PK-5 | 0.2 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 243 NW 16th Terrace
Date
Details
Price
Change
Source
3/18/2025
Listed
$299,000
498%
MLS
8/10/2012
Sold
$50,000
—
Public Record
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
Tax History for 243 NW 16th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,074
24%
$178,750
44%
2023
$1,667
47%
$123,750
125%
2022
$1,134
-3%
$55,000
—
2021
$1,169
11%
$55,000
11%
2019
$1,057
2%
$49,500
—
2018
$1,037
2%
$49,500
—
2017
$1,021
3%
$49,500
14%
2016
$990
4%
$43,257
10%
2015
$952
17%
$39,325
10%
2014
$811
-13%
$35,750
-13%
2013
$934
—
$41,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 243 NW 16th Terrace
243 NW 16th Ter, Miami, FL 33136 (MLS# A11766130) is a Lots/Land property with a lot size of 0.063 acres. 243 NW 16th Ter is currently listed for $299,000 and was received on March 18, 2025. Want to learn more about 243 NW 16th Ter? Do you have questions about finding other Lots/Land real estate for sale in Midtown? You can browse all Midtown real estate or contact a Coldwell Banker agent to request more information.

