Single Family Residence

2993 SW 16th Ter

2993 SW 16th Ter, Miami FL 33145 Get directions

$899,000

For Sale

3 Beds · 2 Baths · 1,522 SqFt

See estimated monthly cost

This listing is courtesy of Ancara Real Estate, LLC.. Carla Patino Ferrer

Overview

Seller motivated! Unique Development Opportunity on Oversized 7,650 Sq. Ft. Lot! Located near Coral Gables, Coconut Grove and Brickell, this home boasts a newer roof, abundant natural light, zoning for duplex, ready for a buyer to modify to their preference with potential to expand into a large home, generate rental income, create a multi-generational property, or redevelop this unique property offers endless possibilities. House with legal in-law quarters.

Facts & features

Interior

Living area (sq ft): 1,522
Full bathrooms: 2

First Floor Entry
Separate Guest/In-Law Quarters
Other

Building & exterior

Year built: 1924
Lot size (sq ft): 7,650

None
Other

HOA (homeowners association)

No Restrictions

Taxes

Annual tax: $13,389
Tax year: 2025
Parcel number: 01-41-10-002-2050

Assigned schools

Elementary: Sunset
Middle: Ponce De Leon
High: Coral Gables

Listing

MLS number: A12064796
Property type: Single Family Residence
Price per SqFt: $591
Subdivision: GRAPELAND
On market since: Sep 2, 2026
Days on market: 18

Estimated monthly cost

$6,336 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $4,546
Property tax: $1,116
Insurance (estimated): $674

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

Show nearby schools

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Nearby schools

Jose Marti School 3rd Campus Private · 04-08 · 0.26 mi
Jose Marti School 1st Campus Private · PK-03 · 0.28 mi
Lincoln-Marti Community Agency 27 Private · PK-KG · 0.49 mi
Brito Miami Private School Private · 01-12 · 0.49 mi
Montealegre Senior High School Private · 10-12 · 0.56 mi
Lincoln-Marti Community Agency 27-8 Private · PK-07 · 0.59 mi
Sunflowers Academy Private · PK-08 · 0.65 mi
International Studies Charter High School Charter · 9-12 · 0.67 mi
International Studies CMS Charter · 6-8 · 0.67 mi
International Studies Virtual Academy Charter · 6-12 · 0.67 mi
Meni Ninho Meni Ninha School Private · PK-02 · 0.70 mi
St Matthew''s Lutheran School Private · PK-08 · 0.76 mi
BridgePrep Academy Interamerican Charter · K-8 · 0.76 mi
Lincoln-Marti Community Agency 23 Private · PK-12 · 0.77 mi
Auburndale Elementary Public · PK-5 · 0.78 mi

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