Home in 2993 SW 16th Ter Miami for sale with MLS# A11951173

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.

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2993 SW 16th Ter, Miami, FL 33145

Price
Price:
$899,999.00
Previous Asking Price:
$910,000.00
Original List Price:
$910,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A11951173
Description of Last Important Update:
Price Change
Last Major Update on:
March 10, 2026 5:27 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Room Type:
Other
Measures
Living Area:
1,522 Sqft
Built-Up Area:
1,716 Sqft
Lot Area:
7,650 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Appliances:
Dishwasher, Microwave, Refrigerator, Washer
Interior:
First Floor Entry, Bedroom On Main Level
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
Southeast
Construction
Year Built:
1924
Year Built Details:
Resale
Roof:
Other
Architectural Style:
Other
Construction Materials:
Block
Flooring:
Ceramic Tile
Taxes and Expenses
Tax Annual Amount:
$13,389.00
Tax Year:
2015
Property Tax Status:
Tax Reflects County Only Tax
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Other
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
GRAPELAND
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
GRAPELAND SUB REV PB 3-196 LOT 15 BLK 10 LOT SIZE 50.000 X 153
Real Estate Folio Number (Parcel Number):
01-41-10-002-2050
Zoning Description:
5700
Public Schools Assigned
Elementary School:
Doby Elementary-hb
High School:
Coral Gables
Middle Or Junior School:
Ponce De Leon
Listing History
Originally published on:
January 27, 2026 12:18 am
Active on the market since:
January 27, 2026
Price change occurred on:
March 10, 2026 5:27 pm
Listing Status Last Changed On:
January 27, 2026 12:18 am
Photos updated on:
January 27, 2026 5:32 am
Last Modified:
March 10, 2026 9:27 pm
Additional Information
Housing Older Persons Act:
No HOPA
Flood Zone:
X
Type of Association:
None
Rooms Description:
Other
Style:
R30-No Pool/No Water
Municipal Code:
1
Subdivision Number:
2
Courtesy of:
Ancara Real Estate, LLC.
Attribution:
Not provided
Location
Street Name:
16th Ter
Street Number:
2993
City:
Miami
State:
Florida
Zip Code:
33145
County:
Miami-Dade
Latitude:
N25° 45' 24.9''
Longitude:
W81° 45' 27.4''
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $70,592
Median Home Value $560,300
Median Rent $1,769/mo
Median Age 43
Population 29,454

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.