$625,000
131 NW 16th Street
Explore the area: Homestead homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $625,000
- Price per sq ft
- $430
- Vs. nearby sales
- 41.4% above
- Days on market
- 29
This 3-bedroom single-family home in Downer Palms Div 2 is listed at $625,000, or $430 per square foot. It has been on the market for 29 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $304 per square foot, so the asking price is 41.4% above what comparable homes here actually sold for.
Estimated monthly payment
$3,285 /mo
Principal and interest only, based on $125,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $625,000
- Days on Site
- 29 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,454 sqft
- Total Sq Ft
- 1,892 sqft
- Lot Size
- 0.31 Acres
- Year Built
- 1961
- Property Type
- Single Family
- MLS #
- A12091729
- Property Tax
- $1,890 (2026)
- Subdivision
- DOWNER PALMS DIV 2
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Fully remodeled in 2026, this single-story 3-bedroom, 2-bath home in NW Homestead is move-in ready. The open kitchen has white shaker cabinetry, a contrasting gray island with breakfast seating, quartz countertops, a designer tile backsplash and stainless steel appliances. Porcelain tile runs throughout, and impact windows add peace of mind. Outside is a fully fenced 13,500 sq ft lot with fresh tropical landscaping, mature palms and shade trees, room for a pool, and a 1-car garage. Close to shopping, dining and major roadways. Schedule your showing today!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1961
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Parking
- Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.31
- Living Sq Ft
- 1,454
- Total Sq Ft
- 1,892
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dishwasher / Electric Water Heater / Refrigerator
- Cooling
- Central Air / Electric
- Heating
- Central
- Interior Features
- Main Level Primary
- Laundry
- In Garage
- Total Rooms
- 7
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
- Exterior Features
- Outdoor Living Area / Room For Pool
- Patio & Porch
- Patio
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Association Amenities
- Other
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Ok To Lease
- MLS Area
- 2780
Schools
- Elementary School
- Avocado
- Middle School
- South Dade
- High School
- South Dade
About the Community
- Homes for Sale
- 4
- Under Contract
- 1
- Median List Price
- $602,500
- Median $/Sq Ft
- $424
- Avg Days on Market
- 90
Frequently Asked Questions
- How do I schedule a tour of 131 NW 16th Street, Homestead, FL 33030?
- Use the Tour button on this listing to request a showing of 131 NW 16th Street, Homestead, FL 33030. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 131 NW 16th Street, Homestead, FL 33030 still available?
- 131 NW 16th Street, Homestead, FL 33030 is currently listed as Active, and has been on the market 29 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 131 NW 16th Street, Homestead, FL 33030?
- With 20% down ($125,000) on the $625,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 131 NW 16th Street, Homestead, FL 33030 is about $3,285/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 131 NW 16th Street, Homestead, FL 33030?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 131 NW 16th Street, Homestead, FL 33030. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 131 NW 16th Street, Homestead, FL 33030?
- 131 NW 16th Street, Homestead, FL 33030 is zoned for Avocado (elementary), South Dade (middle), South Dade (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 131 NW 16th Street, Homestead, FL 33030?
- Often, yes. The right offer on 131 NW 16th Street, Homestead, FL 33030 depends on how it's priced against comparable single family sales in Homestead, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of EXP Realty LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated October 2, 2026.
$625,000
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Listed by Amy Mitchell, EXP Realty LLC
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Recent Sales
Recently sold homes in Downer Palms Div 2
These are the last 6 recorded closings in Downer Palms Div 2, with the price each home actually sold for rather than what it was listed at. They closed at a median of $317 per square foot. The most recent closed on September 8, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$598,000
Sold · September 8, 2026
112 NE 17th Street
3 bed · 2 bath · 1,538 sqft · $389/sqft
Sold$560,000
Sold · July 29, 2026
121 NE 18th Street
4 bed · 3 bath · 2,071 sqft · $270/sqft
$10,000 under the asking price
Sold$650,000
Sold · July 21, 2026
81 NW 18th Street
3 bed · 2 bath · 2,048 sqft · $317/sqft
$39,000 under the asking price
Sold$670,000
Sold · July 21, 2026
144 NW 16th Street
4 bed · 2 bath · 2,301 sqft · $291/sqft
$15,000 under the asking price
Sold$485,000
Sold · June 10, 2026
105 NE 17th Street
3 bed · 2 bath · 2,568 sqft · $189/sqft
$65,000 under the asking price
Sold$546,000
Sold · March 31, 2026
131 NE 18th Street
3 bed · 2 bath · 1,505 sqft · $363/sqft
$23,000 under the asking price
See every recorded sale in Downer Palms Div 2 or find out what your Downer Palms Div 2 home is worth.
