PARK LAKES SEC 1

16062 SW 43rd Ter, Miami FL 33185

5 beds · 4 baths · 2,947 ft²

For Sale · Active Listing

$824,000

3.05%

Est. Payment $4,386/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

2,947

Sq. Ft.

2001

Year Built

2

Garage

138

Days on Market

Description

HUGE lakefront home located in Melrose Landing, a gated community with security, private roads, and a beautiful central lake. This 2-car garage home is a well-designed residence that offers 5 bedrooms and 4 bathrooms, including one bedroom and a full bath on the main level, ideal for guests or multigenerational living. The home features a double-height formal living room, a formal dining area, and a spacious open kitchen with granite countertops, ample cabinetry, and stainless steel appliances. The kitchen opens directly to a large family room, creating a functional layout for everyday living and entertaining. Tile flooring runs throughout the main living areas, and laminate flooring on the second floor. The home is filled with natural light from windows positioned to capture peaceful lake views. Multiple living spaces provide flexibility for a home office, media room, or additional gathering areas. The backyard offers a tranquil lakefront setting with mature trees and direct access to a walking path along the water—perfect for relaxing or enjoying sunsets. Additional features include a covered entry, a two-car garage, and convenient access to shopping, dining, top-rated schools, and major highways. ** MOTIVATED SELLER **

Facts

MLS#
A11950894
Subdivision
PARK LAKES SEC 1
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2001
Lot Size
5,647 ft²
Sq. Ft.
2,947 ft²
Sq. Mt.
274 m²
Price per sq. ft.
$280/ft²
Price per sq. mt.
$3,007/m²
Stories
Garage
2 spaces
Pool
Days on Market
138 days
Listed
Jan 26, 2026
Last Updated
Jun 16, 2026
Price/Lot Sq.Ft.
$146/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

33

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/12/2026Price change$824,000-3.0%
1/26/2026Listed for sale$849,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

16062 SW 43rd Ter, Miami FL 33185Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$5,222/mo

Principal & Interest

$4,386

Property Tax

$687

Insurance

$150

HOA

$0

20% ($164,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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