PARK LAKES SEC 1
16062 SW 43rd Ter, Miami FL 33185
5 beds · 4 baths · 2,947 ft²
5
Bedrooms
4
Bathrooms
2,947
Sq. Ft.
2001
Year Built
2
Garage
57
Days on Market
Description
Spacious lakefront home located in Melrose Landing, a gated community with security, private roads, and a beautiful central lake. This well-designed residence 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. **Seller Motivated**
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.
- $285/ft²
- Price per sq. mt.
- $3,065/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 57 days
- Listed
- Jan 26, 2026
- Last Updated
- Mar 25, 2026
- Price/Lot Sq.Ft.
- $149/ft²
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
41
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).
| 3/25/2026 | Price change | $839,900-1.2% |
| 1/26/2026 | Listed 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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Aventura City Of Excellence SchoolKG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Biscayne AcademyUG · private · 0.6 mi
Philosophical and Spiritual UniversityUG · private · 0.7 mi
Norman S. Edelcup/Sunny Isles Beach K-8PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Spirit Of Christ Child Development Center & AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Spirit Of Christ Child Development CenterPK,KG · private · 0.9 mi
Spirit of Christ Child Development AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ojus Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
SmartKids MiamiPK,KG · private · 0.9 mi
St Lawrence Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Estimated Monthly Payment
$5,320/mo
Principal & Interest
$4,470
Property Tax
$700
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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