Home in 2993 SW 16th Terrace, Miami, FL 33145 for sale with MLS# A12064796
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.
2993 SW 16th Terrace, Miami, FL 33145
Price
- Price:
- $899,000.00
- Original List Price:
- $899,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $590.67
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 2, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 3
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Other, Maid/in-law Quarters
- Master Bedroom Bath:
- Master Bdrm - Ground
Measures
- Living Area:
- 1,522 Sqft
- Built-Up Area:
- 1,716 Sqft
- Lot Size Acres:
- 0.18
Property Features
- Waterfront:
- No
- Appliances:
- Dishwasher, Microwave, Refrigerator, Washer
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- Southeast
Construction
- Year Built:
- 1924
- Roof:
- Other
- Architectural Style:
- Other
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 2
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $13,389.00
- Tax Year:
- 2025
- Property Tax Details:
- County Only
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
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
- 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):
- 0141100022050
- Zoning:
- 5700
Public Schools Assigned
- Elementary School:
- Coral Gables Preparatory Academy
- High School:
- Coral Gables
Listing History
- Active on the market since:
- September 2, 2026
- Listing Agreement executed on:
- September 2, 2026
- Listing Status Last Changed On:
- September 2, 2026 4:00 am
- Photos updated on:
- September 2, 2026 11:30 pm
- Last Modified:
- September 3, 2026 12:07 am
Additional Information
- Courtesy of:
- Ancara Real Estate, LLC.
- Attribution:
- Not provided
Location
- Street Name:
- 16th
- Street Number:
- 2993
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33145
- County:
- Miami-Dade
- Latitude:
- N25° 45' 25.1''
- Longitude:
- W81° 45' 27.5''
- 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
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
35
Good
☀️ O3
35
Good
🫁 PM2.5
35
Good