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3501 Sw 16th Ter, Miami, FL 33145

$750,000
: 2,016
SqFt

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Sold Price: $750,000
List Price: $775,000
Closing Date: Jun 04, 2026
MLS: A11981149
Complex Name: Davis Citrus Farms
Status: CLOSED
Type: Multifamily
Living Area: 2,016

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Property 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.

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Additional Information

Days on Market: 11
Style: Duplex
Exterior Features: Exterior Lights
#Parking Spaces: 6
Year Built: 1947
Development Name: Davis Citrus Farms
#Stories: 2
Construction Type: CBS Construction
Section: 9