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$775,000
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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.
Full Property Details
Full Property Details for 3501 SW 16th Ter
General
- Price: $775,000
- Taxes: $10,260 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A11981149
- Updated: 3/13/2026
- Added to Site: 18 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection
Interior
- Flooring: Carpet, Ceramic Floor, Terrazzo, Wood
Exterior
- Exterior Features: Exterior Lights
- Deck/Patio: Patio
Parking
- Total Spaces: 6
Location
- Area: Davis Citrus Farms
- County: Miami-Dade County
- Subdivision: DAVIS CITRUS FARMS
- Building Name: DAVIS CITRUS FARMS
- Driving Directions: From Coral Gables/Miracle Mile ~ Take SW 37 Ave (Douglas Road) North ~ Turn right on SW 16 Terrace ~ arrived at 3501
Community
- Community Name: Davis Citrus Farms
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Barrel Roof
- Windows: Hurricane Shutters, Blinds
- Stories/Levels: 2
- Building Size: 2036
- Square Feet: 2,016
- Living Area: 2,016 Sq. Ft.
- Year Built: 1947
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 5700
- Fencing (Description): Fenced
Green Features
- Energy Efficient: Lighting, Water Heater
Financial Considerations
- Price Per Sq. Ft.: $384.42
- Tax Amount: $10,260
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: 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
- Property ID: 01-41-09-029-0210
Listed by Douglas Elliman
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Schools
Schools serving 3501 SW 16th Ter
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Coral Gables Preparatory Academy 105 Minorca Avenue, Coral Gables, FL 33134 | PK-5 | 0.4 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 3 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 1.7 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 3501 SW 16th Ter
Date
Details
Price
Change
Source
3/13/2026
Listed
$775,000
—
MLS
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 3501 SW 16th Ter
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,260
8%
$591,053
7%
2024
$9,495
7%
$550,404
10%
2023
$8,907
26%
$501,865
58%
2021
$7,067
-11%
$316,930
-25%
2022
$7,961
13%
$420,989
28%
2021
$7,067
8%
$329,111
39%
2019
$6,524
10%
$237,130
10%
2018
$5,921
10%
$215,573
-18%
2017
$5,385
9%
$263,650
48%
2016
$4,963
7%
$178,160
10%
2015
$4,632
13%
$161,964
10%
2014
$4,099
4%
$147,240
5%
2013
$3,931
—
$139,983
—
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 3501 SW 16th Ter
3501 SW 16th Ter, Miami, FL 33145 (MLS# A11981149) is a Duplex property with 0 bedrooms and 0 full bathrooms. 3501 SW 16th Ter is currently listed for $775,000 and was received on March 13, 2026. Want to learn more about 3501 SW 16th Ter? Do you have questions about finding other Duplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

