DAVIS CITRUS FARMS

3501 SW 16th Ter, Miami FL 33145

2,016 ft²

Closed

$775,000

Est. Payment $4,125/mo

MLS Sheet Video

2,016

Sq. Ft.

1947

Year Built

Stories

Days on Market

Description

Prime Miami location just steps from Coral Gables. Rare investment, income, and redevelopment opportunity in one of Miami’s most desirable areas. Existing duplex with strong rental potential and the possibility to convert into 4 units. Property is equipped with accordion shutters and tankless water heater. Hardwood floors under carpet in the upper unit and teak closets. Located in Flood Zone X with no HOA. Land use may allow development of up to 9 units (buyer to verify zoning and redevelopment options). Great opportunity for investors or developers seeking land value in a prime location. Centrally located minutes from Coconut Grove, Brickell, Downtown Miami, Miami Beach, University of Miami, Miracle Mile, and Miami International Airport. Exceptional location with tremendous upside for investors, developers, or end users. Tenant occupied on a month-to-month basis. Interior photos and floor plan coming soon. Please call or text listing agent to schedule an appointment.

Facts

MLS#: A11981149
Subdivision: DAVIS CITRUS FARMS
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1947
Lot Size: 0 sqft
Sq. Ft.: 2,016 ft²
Sq. Mt.: 187 m²
Price per sq. ft.: $384/ft²
Price per sq. mt.: $4,144/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 11 days
Listed: Mar 13, 2026
Last Updated: Jun 9, 2026
Price/Lot Sq.Ft.: —

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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

September 2026

100/100

Buyers marketSellers market

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).

6/9/2026	Sold	$775,000
3/13/2026	Listed for sale	$775,000

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

Location

3501 SW 16th Ter, Miami FL 33145Directions

Estimated Monthly Payment

$4,921/mo

Principal & Interest

$4,125

Property Tax

$646

Insurance

$150

HOA

Down Payment20% ($155,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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