GRAPELAND

2993 SW 16th Ter, Miami FL 33145

3 beds · 2 baths · 1,522 ft²

For Sale · Active Listing

$899,000

1.21%

Est. Payment $4,785/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,522

Sq. Ft.

1924

Year Built

93

Days on Market

Description

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.

Facts

MLS#
A11951173
Subdivision
GRAPELAND
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1924
Lot Size
7,650 ft²
Sq. Ft.
1,522 ft²
Sq. Mt.
141 m²
Price per sq. ft.
$591/ft²
Price per sq. mt.
$6,376/m²
Stories
Garage
Pool
Days on Market
93 days
Listed
Jan 27, 2026
Last Updated
Apr 30, 2026
Price/Lot Sq.Ft.
$118/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

May 2026

100/100
Buyers marketSellers market

47

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).

4/30/2026Price change$899,000-1.2%
1/27/2026Listed for sale$910,000

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

Location

2993 SW 16th Ter, Miami FL 33145Directions

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

$5,684/mo

Principal & Interest

$4,785

Property Tax

$749

Insurance

$150

HOA

$0

20% ($179,800)
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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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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2993 SW 16th Ter, Miami FL 33145 | $899,000 | Rangely Adames Miami Real Estate