Duplex in 2744 SW 16th Terrace, Miami, FL 33145 for sale with MLS# A12022653

Rare income-producing duplex in the heart of Miami's desirable Shenandoah neighborhood! This charming 1925-built property sits on a generous 7,000 sq ft lot and offers two separate units totaling 1,563 sq ft. The front unit is rented rear unit occupied, providing immediate cash flow from day one. Wood floors, central air, and 2 parking spaces. Just minutes from Downtown Miami, Brickell, and Coral Gables. Zoned T3O zoning permits modern multi-unit or townhome construction with strong upside potential - live in one unit and rent the other or hold as a pure investment. Cash and conventional financing welcome. Don't miss this opportunity in one of Miami's most sought-after corridors! Property has new roof and new PBC plumbing.

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2744 SW 16th Terrace, Miami, FL 33145

Price
Price:
$799,999.00
Original List Price:
$849,999.00
List Price per Sq Ft (Calculated, Approx.):
$511.83
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 10, 2026 2:38 pm
Measures
Living Area:
1,563 Sqft
Built-Up Area:
1,563 Sqft
Lot Size Dimensions and Info:
7,050
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Separate Meters
Construction
Year Built:
1925
Roof:
Other
Number of Units Total:
1
Levels:
Two
Construction Materials:
CBS
Flooring:
Wood
Number of stories:
1
Structure Type:
Duplex
Number of Units in the Community or Building:
1
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$6,000.00
Tax Year:
2026
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Not Available
Community
Subdivision Name:
GRAPELAND
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
9 10 54 41 GRAPELAND SUB REV PB 3-196 LOT 9 LESS N10FT BLK 12 LOT SIZE 50.000 X 141 73R-295869
Real Estate Folio Number (Parcel Number):
0141100022420
Zoning:
5700
Public Schools Assigned
Elementary School:
Windmill Point
High School:
Coral Gables
Listing History
Active on the market since:
May 20, 2026
Listing Agreement executed on:
May 20, 2026
Price change occurred on:
July 10, 2026 2:38 pm
Listing Status Last Changed On:
May 20, 2026 4:00 am
Photos updated on:
July 26, 2026 7:05 pm
Last Modified:
July 27, 2026 7:04 am
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
16th
Street Number:
2744
City:
Miami
State:
Florida
Zip Code:
33145
County:
Miami-Dade
Latitude:
N25° 45' 23.6''
Longitude:
W81° 45' 38.4''
Street Suffix:
Terrace
Street Direction Prefix:
SW
Property Map

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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
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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.