PARK LAKES SEC 4,Melrose Landing II

16237 SW 44th Ter, Miami FL 33185

5 beds · 4 baths · 2,916 ft²

Closed

$999,999

Est. Payment $5,322/mo

MLS Sheet Video

5

Bedrooms

4

Bathrooms

2,916

Sq. Ft.

2003

Year Built

2

Garage

5

Days on Market

Description

Some homes offer a view. This one commands it. Perfectly positioned on one of the community's most coveted lakefront lots, this majestic 5-bedroom, 4-bath estate captures breathtaking panoramic water views from both the expansive balcony and covered terrace, creating an outdoor experience that's simply unmatched. A full bedroom and bath on the first floor provide the ideal space for guests or multigenerational living. The resort-inspired backyard with heated spa/pool is designed for unforgettable entertaining and peaceful evenings alike. Inside, timeless elegance meets modern luxury with soaring vaulted ceilings, crown molding, recessed lighting, a striking custom iron and wood staircase, and travertine flooring throughout the interior and exterior. The chef's kitchen features marble countertops, premium appliances, and a professional hood vent, while custom built-in closets maximize storage throughout. Impact windows and doors provide complete storm protection. Within the last five years, the HVAC, water heater, pool and spa heater, rain gutters, fences, and window treatments have all been replaced, and all appliances were updated in 2022. Parking for up to 6 vehicles, including a 2-car garage. Low HOA. Ideally located near Baptist Hospital West, exceptional dining, shopping, and major conveniences, this home delivers luxury, privacy, and a waterfront lifestyle that's difficult to replicate.

Facts

MLS#
A12051751
Subdivision
PARK LAKES SEC 4,Melrose Landing II
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2003
Lot Size
5,500 ft²
Sq. Ft.
2,916 ft²
Sq. Mt.
271 m²
Price per sq. ft.
$343/ft²
Price per sq. mt.
$3,690/m²
Stories
Garage
2 spaces
Pool
Days on Market
5 days
Listed
Jul 10, 2026
Last Updated
Aug 31, 2026
Price/Lot Sq.Ft.
$182/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

September 2026

100/100
Buyers marketSellers market

21

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).

8/31/2026Sold$999,999
7/10/2026Listed for sale$999,999

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

Location

16237 SW 44th Ter, Miami FL 33185Directions

Estimated Monthly Payment

$6,306/mo

Principal & Interest

$5,322

Property Tax

$833

Insurance

$150

HOA

$0

20% ($200,000)
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

Hablo Español

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

Similar listings nearby

More homes in Miami around $999,999.

Call NowWhatsApp