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.
Listing Provided Courtesy of Ancara Real Estate, LLC. at 305-632-5323
Property Details
Price:
$899,000
MLS #:
A12064796
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GRAPELAND
Neighborhood:
2410
Listed Date:
Sep 2, 2026
Finished Sq Ft:
1,522
Total Sq Ft:
1,716
Lot Size:
333,234,000 sqft / 0.18 acres (approx)
Year Built:
1924
See this Listing
Schools
Elementary School:
Coral Gables Preparatory Academy
High School:
Coral Gables
Interior
Appliances
Dishwasher, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Levels
Two
Exterior
Architectural Style
Other
Association Amenities
None
Construction Materials
Block
Direction Faces
Southeast
Exterior Features
None
Roof
Other
Financial
Tax Year
2025
Taxes
$13,389
Map
Community
- Address2993 SW 16th Terrace Miami FL
- SubdivisionGRAPELAND
- CityMiami
- CountyMiami-Dade
- Zip Code33145
Market Summary
Current real estate data for Single Family in Miami as of Nov 01, 2026
2,935
Single Family Listed
100
Avg DOM
560
Avg $ / SqFt
$1,435,945
Avg List Price
Property Summary
- Located in the GRAPELAND subdivision, 2993 SW 16th Terrace Miami FL is a Single Family for sale in Miami, FL, 33145. It is listed for $899,000 and features 3 beds, 2 baths, and has approximately 1,522 square feet of living space, and was originally constructed in 1924. The current price per square foot is $591. The average price per square foot for Single Family listings in Miami is $560. The average listing price for Single Family in Miami is $1,435,945.
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