3501 Sw 16th Ter, Miami, FL 33145

$750,000
2,016
SqFt

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Sold Price
$750,000
List Price
$775,000
Status
CLOSED
Days on Market
11
Closing Date
Jun 04, 2026
MLS#
A11981149
Subtype
Residential Income
Style
Duplex
Year Built
1947
Living Area
2,016
Subdivision
Davis Citrus Farms
Building Name
Davis Citrus Farms

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.

Additional Information

Exterior Features
Exterior Lights
Taxes
$10,260
Community Features
Davis Citrus Farms
Property Description
Duplex
Zoning
5700
Flooring
Carpet, Ceramic Floor, Terrazzo, Wood
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
CBS Construction
Stories
2
Roof
Barrel Roof

Listing Courtesy of Douglas Elliman, Contact:

Selling Office: Douglas Elliman.

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